Telesat Corp (NASDAQ:TSAT) currently has a daily average trading volume of 77.05K but it saw 241865 shares traded in last market. With a market cap of 293.97M USD, the company’s current market price of $19.89 came rising about 5.91 while comparing to the previous closing price of $18.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.38 and as low as $7.21. In the recent trading on the day, stock has struck highest price mark of $18.6281 while lowest mark touched by it was $21.1.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which initiated the stock as “Hold” in its note to investors issued on April 30, 2024, recommending a price target of $9 for it.
Over the week, TSAT’s stock price is moving 9.71% up while it is 19.75% when we observe its performance for the past one month. Year-to-date it is 20.99% up and over the past year, the stock is showing an upside performance of 146.77%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $97.5M as analysts are expecting the sales for current fiscal year at $418.28M and seeing the company making $364.09M in sales next year. Moreover, analysts are in estimates of $109.64M for current-quarter revenue.
Currently, Telesat Corp’s total number of outstanding shares is 14.36M. Company’s return on investment (ROI) stands at -2.20% and return on equity (ROE) at -12.49%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.76. Its return on asset (ROA) is -1.28% on average.
