Intelsat SA (NYSE:I)’s share price rose 7.7% during trading on Monday . The company traded as high as $3.13 and last traded at $3.07, with a volume of 221,702 shares. The stock had previously closed at $2.85.

A number of research firms recently issued reports on I. Zacks Investment Research upgraded Intelsat SA from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a report on Tuesday, July 5th. JPMorgan Chase & Co. restated a “sell” rating on shares of Intelsat SA in a report on Monday, May 2nd. Finally, Raymond James Financial Inc. cut Intelsat SA from a “market perform” rating to an “underperform” rating in a report on Monday, July 18th. Five equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The company currently has an average rating of “Sell” and a consensus target price of $4.24.

The firm has a 50 day moving average of $2.68 and a 200 day moving average of $2.83. The stock’s market capitalization is $367.22 million.

Intelsat SA (NYSE:I) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.34 by $0.64. The company earned $542 million during the quarter, compared to analyst estimates of $533.51 million. Intelsat SA’s revenue for the quarter was down 9.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.70 EPS. On average, equities analysts predict that Intelsat SA will post $1.44 earnings per share for the current fiscal year.

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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