Intelsat SA (NYSE:I) shares were up 3.6% on Tuesday . The stock traded as high as $2.89 and last traded at $2.87, with a volume of 245,137 shares traded. The stock had previously closed at $2.77.

Several research analysts have weighed in on I shares. Zacks Investment Research raised Intelsat SA from a “hold” rating to a “strong-buy” rating and set a $2.75 price objective on the stock in a research report on Thursday, July 28th. Raymond James Financial Inc. cut Intelsat SA from a “market perform” rating to an “underperform” rating in a research report on Monday, July 18th. Finally, JPMorgan Chase & Co. reissued a “sell” rating on shares of Intelsat SA in a research report on Monday, May 2nd. Five research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Intelsat SA presently has a consensus rating of “Sell” and a consensus price target of $4.24.

The firm’s market cap is $337.80 million. The firm has a 50-day moving average of $2.64 and a 200-day moving average of $2.83.

Intelsat SA (NYSE:I) last announced its earnings results on Wednesday, July 27th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.64. The firm earned $542 million during the quarter, compared to the consensus estimate of $533.51 million. During the same period in the prior year, the company posted $0.70 EPS. The firm’s revenue was down 9.4% on a year-over-year basis. Equities analysts expect that Intelsat SA will post $1.39 EPS for the current year.

A hedge fund recently raised its stake in Intelsat SA stock. Schwab Charles Investment Management Inc. boosted its stake in Intelsat SA (NYSE:I) by 38.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,835 shares of the company’s stock after buying an additional 78,889 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.27% of Intelsat SA worth $1,185,000 as of its most recent filing with the SEC.

Intelsat SA operates in satellite services business. The Company provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers.

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