Intelsat SA (NYSE:I) was down 4.8% during trading on Friday . The stock traded as low as $2.92 and last traded at $2.95, with a volume of 176,184 shares traded. The stock had previously closed at $3.10.

Several equities research analysts recently commented on I shares. 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. reissued a “sell” rating on shares of Intelsat SA in a research report on Monday, May 2nd. Finally, Raymond James Financial Inc. cut Intelsat SA from a “market perform” rating to an “underperform” rating in a research report on Monday, July 18th. Five equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock has a consensus rating of “Sell” and a consensus target price of $4.24.

The firm’s 50-day moving average price is $2.68 and its 200-day moving average price is $2.83. The company’s market cap is $335.44 million.

Intelsat SA (NYSE:I) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.64. The company had revenue of $542 million for the quarter, compared to analysts’ expectations of $533.51 million. The company’s revenue for the quarter was down 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 earnings per share. Equities analysts predict that Intelsat SA will post $1.44 earnings per share for the current 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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