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

Several analysts have commented on I shares. Zacks Investment Research upgraded Intelsat SA from a “hold” rating to a “strong-buy” rating and set a $2.75 target price on the stock in a research note on Thursday, July 28th. Raymond James Financial Inc. downgraded Intelsat SA from a “market perform” rating to an “underperform” rating in a research note on Monday, July 18th. Finally, JPMorgan Chase & Co. restated a “sell” rating on shares of Intelsat SA in a research note on Monday, May 2nd. Five research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Intelsat SA currently has an average rating of “Sell” and a consensus target price of $4.24.

The firm’s 50-day moving average is $2.66 and its 200-day moving average is $2.83. The company’s market cap is $340.15 million.

Intelsat SA (NYSE:I) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.64. The business earned $542 million during the quarter, compared to the consensus estimate of $533.51 million. During the same period last year, the firm earned $0.70 EPS. The business’s quarterly revenue was down 9.4% on a year-over-year basis. Analysts anticipate that Intelsat SA will post $1.55 EPS for the current fiscal year.

A hedge fund recently raised its stake in Intelsat SA stock. Schwab Charles Investment Management Inc. raised its position in Intelsat SA (NYSE:I) by 38.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 about 0.27% of Intelsat SA worth $1,185,000 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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