TSAT stock icon

Telesat
TSAT

$8.63
2.92%

Market Cap: 119M

 

About: Telesat Corp is a global satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.

Employees: 490

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

272% more call options, than puts

Call options by funds: $457K | Put options by funds: $123K

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

6.09% less ownership

Funds ownership: 333.96% [Q4 2023] → 327.86% (-6.09%) [Q1 2024]

6% less funds holding

Funds holding: 47 [Q4 2023] → 44 (-3) [Q1 2024]

20% less capital invested

Capital invested by funds: $470M [Q4 2023] → $376M (-$93.9M) [Q1 2024]

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

50% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 14

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$9
4%
upside
Avg. target
$9
4%
upside
High target
$9
4%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Deutsche Bank
Edison Yu
4%upside
$9
Hold
Initiated
30 Apr 2024

Financial journalist opinion