Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Intelsat (NYSE:I) Share Price

Headlines about Intelsat (NYSE:I) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intelsat earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.2958510967194 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Intelsat (I) traded up 1.48% during trading on Wednesday, hitting $4.11. 1,053,550 shares of the stock were exchanged. The company has a market cap of $489.09 million, a P/E ratio of 0.61 and a beta of 2.07. Intelsat has a 1-year low of $2.38 and a 1-year high of $5.87. The firm’s 50-day moving average is $3.72 and its 200 day moving average is $3.57.

Intelsat (NYSE:I) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported ($0.20) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.33) by $0.13. The firm had revenue of $533.20 million during the quarter, compared to the consensus estimate of $534.16 million. Intelsat had a negative return on equity of 1.90% and a net margin of 36.95%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the company posted $0.98 EPS. Equities analysts forecast that Intelsat will post ($0.78) earnings per share for the current fiscal year.

Several equities analysts recently commented on the stock. BidaskClub upgraded shares of Intelsat from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 17th. Zacks Investment Research cut shares of Intelsat from a “hold” rating to a “sell” rating in a research note on Tuesday, June 6th. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Intelsat in a research note on Thursday, August 10th. They set a “neutral” rating and a $3.50 target price for the company. ValuEngine upgraded shares of Intelsat from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, Jefferies Group LLC upgraded shares of Intelsat from a “hold” rating to a “buy” rating and upped their target price for the company from $2.50 to $5.00 in a research note on Friday, September 8th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $4.30.

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About Intelsat

Intelsat SA operates in satellite services business. The Company provides satellite services to its communications customers around the world. 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 (ISPs).

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