Intelsat SA (NYSE:I)’s share price was up 1.9% during trading on Friday . The company traded as high as $2.84 and last traded at $2.74, with a volume of 121,061 shares traded. The stock had previously closed at $2.69.

A number of equities analysts have issued reports on I shares. Royal Bank Of Canada cut their target price on shares of Intelsat SA from $3.00 to $2.20 and set an “underperform” rating on the stock in a report on Monday, March 21st. Morgan Stanley reissued an “underweight” rating and issued a $1.00 target price (down previously from $5.00) on shares of Intelsat SA in a report on Wednesday, March 23rd. Zacks Investment Research cut shares of Intelsat SA from a “hold” rating to a “sell” rating in a report on Wednesday, March 23rd. Finally, JPMorgan Chase & Co. reissued a “sell” rating on shares of Intelsat SA in a report on Monday, May 2nd. Four equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Intelsat SA has an average rating of “Sell” and an average price target of $4.28.

The firm’s market cap is $307.00 million. The firm’s 50 day moving average price is $2.80 and its 200-day moving average price is $3.00.

Intelsat SA (NYSE:I) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.08. During the same quarter last year, the firm posted $0.47 EPS. The firm had revenue of $552.60 million for the quarter, compared to the consensus estimate of $541.77 million. The business’s revenue for the quarter was down 8.3% on a year-over-year basis. Equities analysts forecast that Intelsat SA will post $0.31 EPS for the current year.

A hedge fund recently raised its stake in Intelsat SA stock. American Century Companies Inc. boosted its position in shares of Intelsat SA (NYSE:I) by 54.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 292,984 shares of the company’s stock after buying an additional 102,923 shares during the period. American Century Companies Inc. owned about 0.27% of Intelsat SA worth $1,219,000 as of its most recent SEC filing.

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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