Telesat Corp [TSAT] stock is trading at $24.96, up 9.00%%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TSAT shares have gain 44.86% over the last week, with a monthly amount glided 56.98%, 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 [TSAT] stock has fluctuated between $7.21 and $25.38 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Telesat Corp [NASDAQ: TSAT] shares were valued at $24.96 at the most recent close of the market. An investor can expect a potential drop of -19.87% based on the average TSAT price forecast.
Analyzing the TSAT fundamentals
Telesat Corp [NASDAQ:TSAT] reported sales of 385.80M for the trailing twelve months, which represents a drop of -27.89%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.6%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.12 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.73.
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 22.75 points at the first support level, and at 20.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.27, and for the 2nd resistance point, it is at 27.59.
Ratios To Look Out For
For context, Telesat Corp’s Current Ratio is 5.63. As well, the Quick Ratio is 5.63, while the Cash Ratio is 3.89. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 0.73.
