This summary was created by AI, based on 2 opinions in the last 12 months.
Telesat (TSAT-T) is a Canadian based satellite operator that provides services to direct-to-home broadcasters, government agencies, and the oil and gas sector. Despite triggering its stop at $11, the company recently announced an expanded contract with the Department of Defense and trades under 2x earnings, under book value. The stock has experienced a 21.5% decline but still holds potential upside of 18%. With a yield of 0%, the future performance of Telesat is uncertain but the recent contract expansion could bring about positive changes.
Telesat is a Canadian stock, trading under the symbol TSAT-T on the Toronto Stock Exchange (TSAT-CT). It is usually referred to as TSX:TSAT or TSAT-T
In the last year, 1 stock analyst published opinions about TSAT-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Telesat.
Telesat was recommended as a Top Pick by on . Read the latest stock experts ratings for Telesat.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Telesat published on Stockchase.
On 2024-04-26, Telesat (TSAT-T) stock closed at a price of $10.1.
Our PAST TOP PICK with TSAT has triggered its stop at $11. To remain disciplined, we recommend covering the position at this time.