Shares of Intelsat SA (NYSE:I) have received a consensus rating of “Sell” from the seven research firms that are currently covering the stock. Five investment analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $1.57.

A number of equities research analysts have weighed in on I shares. Zacks Investment Research raised shares of Intelsat SA from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a report on Tuesday, November 1st. Raymond James Financial Inc. lowered shares of Intelsat SA from a “market perform” rating to an “underperform” rating in a report on Monday, July 18th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System increased its position in Intelsat SA by 2.7% in the second quarter. California State Teachers Retirement System now owns 61,117 shares of the company’s stock valued at $158,000 after buying an additional 1,611 shares during the last quarter. Zacks Investment Management acquired a new position in Intelsat SA during the third quarter valued at $165,000. Phoenix Investment Adviser LLC acquired a new position in Intelsat SA during the second quarter valued at $166,000. Emerald Acquisition Ltd. acquired a new position in Intelsat SA during the second quarter valued at $200,000. Finally, BlackRock Investment Management LLC increased its position in Intelsat SA by 14.6% in the second quarter. BlackRock Investment Management LLC now owns 123,885 shares of the company’s stock valued at $320,000 after buying an additional 15,778 shares during the last quarter. Institutional investors own 42.00% of the company’s stock.

Shares of Intelsat SA (NYSE:I) opened at 2.96 on Thursday. The company’s market cap is $348.69 million. Intelsat SA has a 12 month low of $1.44 and a 12 month high of $6.45. The stock’s 50 day moving average is $2.74 and its 200 day moving average is $2.86.

Intelsat SA (NYSE:I) last posted its earnings results on Thursday, October 27th. The company reported $1.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.42 by $0.23. Intelsat SA had a net margin of 17.03% and a negative return on equity of 4.99%. The firm had revenue of $542.70 million for the quarter, compared to analyst estimates of $536.32 million. During the same period in the previous year, the firm posted $0.66 EPS. The company’s revenue for the quarter was down 6.6% compared to the same quarter last year. On average, analysts anticipate that Intelsat SA will post $2.29 EPS for the current fiscal year.

About Intelsat SA

Intelsat SA is a Luxembourg-based company that operates in satellite services business. It 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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