A share price of Telesat Corp [TSAT] is currently trading at $21.49, down -5.62%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TSAT shares have gain 7.67% over the last week, with a monthly amount glided 39.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Telesat Corp [NASDAQ: TSAT] stock has seen the most recent analyst activity on April 30, 2024, when Deutsche Bank initiated its Hold rating and assigned the stock a price target of $9.
Telesat Corp experienced fluctuations in its stock price throughout the past year between $6.93 and $23.49. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Telesat Corp [NASDAQ: TSAT] shares were valued at $21.49 at the most recent close of the market. An investor can expect a potential drop of -6.93% based on the average TSAT price forecast.
Analyzing the TSAT fundamentals
Trailing Twelve Months sales for Telesat Corp [NASDAQ:TSAT] were 447.55M which represents -22.25% decline. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.55 points at the first support level, and at 19.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.03, and for the 2nd resistance point, it is at 24.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Telesat Corp [NASDAQ:TSAT] is 4.36. In addition, the Quick Ratio stands at 4.36 and the Cash Ratio stands at 3.71. Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 0.55 and price to earnings (TTM) ratio is 10.02.
