View Financial HealthTelesat 配当と自社株買い配当金 基準チェック /06Telesat配当金を支払った記録がありません。主要情報n/a配当利回り0.2%バイバック利回り総株主利回り0.2%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesPrice Target Changed • May 17Price target decreased by 18% to CA$61.15Down from CA$74.83, the current price target is provided by 1 analyst. New target price is 15% below last closing price of CA$71.78. Stock is up 205% over the past year. The company posted a net loss per share of CA$10.61 last year.New Risk • May 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding).お知らせ • Apr 21Telesat Corporation to Report Q1, 2026 Results on May 05, 2026Telesat Corporation announced that they will report Q1, 2026 results on May 05, 2026Price Target Changed • Mar 18Price target increased by 26% to CA$62.40Up from CA$49.33, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CA$55.01. Stock is up 77% over the past year.お知らせ • Mar 17+ 2 more updatesTelesat Corporation Provides Earnings Guidance for the Full Year 2026Telesat Corporation provided earnings guidance for the full year 2026. For the year, the company expects GEO revenue to be between $300 million and $320 million.お知らせ • Mar 11Telesat Corporation to Report Q4, 2025 Results on Mar 17, 2026Telesat Corporation announced that they will report Q4, 2025 results on Mar 17, 2026Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Director Janet Yeung was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Feb 09Price target increased by 16% to CA$56.91Up from CA$49.10, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CA$37.18. Stock is up 24% over the past year. The company posted a net loss per share of CA$6.29 last year.お知らせ • Jan 22Telesat Announces Update on Creditor LitigationTelesat confirmed that certain creditors holding portions of the company's legacy GEO (Geostationary Earth Orbit) debt have filed lawsuits in both New York and Ontario regarding the equity distribution in September 2025 of the Telesat Lightspeed business. The lawsuits, filed at the direction of a group of distressed debt hedge funds, are without merit. The equity distribution at issue followed a robust governance process and was accomplished in strict accordance with relevant debt agreements and applicable law. Telesat intends to defend itself vigorously. Telesat and its stakeholders are firmly committed to supporting the company's customers, advancing the Telesat Lightspeed program, and creating long-term value.Reported Earnings • Nov 04Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: CA$2.38 loss per share (down from CA$1.27 profit in 3Q 2024). Revenue: CA$101.1m (down 27% from 3Q 2024). Net loss: CA$35.3m (down 297% from profit in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings.お知らせ • Oct 27Telesat Corporation to Report Q3, 2025 Results on Nov 04, 2025Telesat Corporation announced that they will report Q3, 2025 results on Nov 04, 2025Price Target Changed • Oct 14Price target increased by 40% to CA$49.10Up from CA$35.09, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CA$49.30. Stock is up 172% over the past year. The company posted a net loss per share of CA$6.29 last year.お知らせ • Aug 27Telesat Appoints Donald Tremblay as Chief Financial Officer, Effective October 20, 2025Telesat on August 27, 2025 announced the appointment of Donald Tremblay as its new Chief Financial Officer (CFO), effective October 20, 2025. A highly experienced CFO, Mr. Tremblay brings over 35 years of financial expertise and leadership, including at publicly listed companies in high-growth, capital intensive industries. He has deep experience in equity and debt capital market transactions, mergers and acquisitions, compliance, and risk management. Mr. Tremblay will be succeeding Andrew Browne, who announced in March of this year that he would be retiring after serving as Telesat’s CFO since 2019. Most recently, Mr. Tremblay served as CFO of Champion Iron, where he was responsible for managing the company’s finances and treasury, playing an important role in positioning the company to successfully execute its operating and growth strategies. During his tenure as CFO of Transalta, he restructured the company’s balance sheet to strengthen its financial position and enhanced its capital management discipline. As CFO of Brookfield Renewable, Mr. Tremblay played an instrumental role in growing the organization’s market capitalization from $300 million to over $2.5 billion.Reported Earnings • Aug 06Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CA$1.43 (down from CA$2.55 in 2Q 2024). Revenue: CA$106.1m (down 30% from 2Q 2024). Net income: CA$21.0m (down 41% from 2Q 2024). Profit margin: 20% (down from 23% in 2Q 2024). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.お知らせ • Aug 06Telesat Corporation Announces Earnings Guidance for the Full Year 2025Telesat Corporation announced earnings guidance for the full year 2025. For the full year, the company expects revenues to be between $405 million and $425 million.お知らせ • Jul 30Telesat Corporation to Report Q2, 2025 Results on Aug 06, 2025Telesat Corporation announced that they will report Q2, 2025 results on Aug 06, 2025Recent Insider Transactions • Jun 29Chief Commercial Officer recently sold CA$436k worth of stockOn the 26th of June, Glenn Katz sold around 14k shares on-market at roughly CA$31.91 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.7m more than they bought in the last 12 months.Reported Earnings • May 07First quarter 2025 earnings: Revenues exceed analyst expectationsFirst quarter 2025 results: Revenue: CA$116.7m (down 23% from 1Q 2024). Net loss: CA$15.5m (loss widened 5.3% from 1Q 2024). Revenue exceeded analyst estimates by 6.9%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Canada.お知らせ • Apr 30Telesat Corporation to Report Q1, 2025 Results on May 06, 2025Telesat Corporation announced that they will report Q1, 2025 results on May 06, 2025お知らせ • Apr 01Telesat Corporation, Annual General Meeting, Jun 17, 2025Telesat Corporation, Annual General Meeting, Jun 17, 2025.Price Target Changed • Mar 28Price target increased by 16% to CA$45.09Up from CA$38.82, the current price target is provided by 1 analyst. New target price is 67% above last closing price of CA$26.99. Stock is up 134% over the past year. The company posted a net loss per share of CA$6.29 last year.お知らせ • Mar 27+ 1 more updateTelesat Announces Retirement of Andrew Browne as CFOTelesat CFO Andrew Browne has announced plans to retire later this year. Telesat is initiating a search process to identify its next Chief Financial Officer. Mr. Browne will continue as Chief Financial Officer until a successor is appointed and will assist with the process to allow for a seamless transition.お知らせ • Mar 22Telesat Corporation to Report Q4, 2024 Results on Mar 27, 2025Telesat Corporation announced that they will report Q4, 2024 results on Mar 27, 2025New Risk • Mar 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 114% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.1% net profit margin). Significant insider selling over the past 3 months (CA$648k sold).Price Target Changed • Mar 14Price target increased by 35% to CA$38.73Up from CA$28.66, the current price target is an average from 2 analysts. New target price is 6.7% above last closing price of CA$36.29. Stock is up 176% over the past year. The company is forecast to post earnings per share of CA$0.13 for next year compared to CA$11.71 last year.分析記事 • Mar 12Is Telesat (TSE:TSAT) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 39%After last week's 39% share price gain to CA$31.58, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 8x in the Telecom industry in Canada. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CA$25.59, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 8x in the Telecom industry in Canada. Total loss to shareholders of 3.6% over the past three years.分析記事 • Feb 14Telesat's (TSE:TSAT) Returns On Capital Tell Us There Is Reason To Feel UneasyWhen researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$29.92, the stock trades at a trailing P/E ratio of 8.6x. Average forward P/E is 8x in the Telecom industry in Canada. Total returns to shareholders of 3.7% over the past three years.新しいナラティブ • Feb 09Reliance On Lightspeed Amid Starlink Competition Will Pose Revenue Risks Telesat's shift from GEO to LEO satellites risks short-term profitability due to high capital expenses and staffing needs, affecting margins and earnings. 分析記事 • Jan 24Is Now An Opportune Moment To Examine Telesat Corporation (TSE:TSAT)?Telesat Corporation ( TSE:TSAT ), might not be a large cap stock, but it led the TSX gainers with a relatively large...お知らせ • Jan 14Telesat Corporation Announces Executive ChangesTelesat announced that Michel Forest will be its new Chief Technology Officer following the retirement of David Wendling at the end of February 2025. In this role, Mr. Forest will report to Dan Goldberg, Telesat’s President and CEO, and oversee Telesat’s satellite operations, satellite and systems engineering, launch activities and program management. Serving most recently as Telesat’s Vice President of LEO System Engineering, Mr. Forest has been leading the end-to-end architecture and system performance of the advanced Telesat Lightspeed constellation. Prior to his decade-long career at Telesat, he held leadership positions in satellite systems and antenna engineering at MDA Space. Also announced today, Asit Tandon is joining Telesat in the role of Chief Network and Information Officer, reporting to Goldberg. In this role, Mr. Tandon will be responsible for the terrestrial elements of the Telesat Lightspeed network, including Network Operations systems, the Network Operations Center, facilities, program management and customer fulfillment, and network and corporate IT systems. Mr. Tandon brings deep expertise from a distinguished career in planning, deploying and operating telecom networks. He was most recently the Vice President of Network Technology at Rogers Communications, where he was responsible for the technology development, design, engineering and operations of wireline access and core networks. Previously, Mr. Tandon held leadership roles in Network Operations at Hutchison-3 Indonesia, Bharti Airtel and Siemens Ltd. He earned his Bachelor of Engineering degree from Delhi college of Engineering.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$26.96, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 9x in the Telecom industry in Canada. Total loss to shareholders of 24% over the past three years.お知らせ • Jan 06Telesat Appoints Charles “Chuck” Cynamon as Its New President of Telesat Government SolutionsTelesat announced the appointment of Charles “Chuck” Cynamon as its new President of Telesat Government Solutions, a wholly-owned subsidiary of Telesat that provides resilient and secure satellite solutions to the U.S. Government civil, military and intelligence sectors. Mr. Cynamon brings deep knowledge, expertise and leadership acumen from over 24 years of service in the U.S. Air Force and a subsequent decade working with leading space and satellite enterprises. Most recently he was Senior Vice President at LinQuest Corporation, where he led the company’s largest division and the development of Allied Space partnerships that serve the National Security Space community and U.S. Government agencies.Previously he served as Vice President, Business Development and Strategy for MacDonald Dettwiler & Associates Information Systems, leading the company’s growth in the emerging space market; and earlier as Senior Director for Hughes Network Systems’ Defense & Intelligence Systems Division.分析記事 • Jan 03Telesat Corporation (TSE:TSAT) Shares Fly 26% But Investors Aren't Buying For GrowthDespite an already strong run, Telesat Corporation ( TSE:TSAT ) shares have been powering on, with a gain of 26% in the...Recent Insider Transactions • Dec 23Insider recently sold CA$311k worth of stockOn the 20th of December, John Flaherty sold around 12k shares on-market at roughly CA$25.88 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$747k more than they bought in the last 12 months.Recent Insider Transactions • Dec 20Chief Technical Officer recently sold CA$108k worth of stockOn the 11th of December, David Wendling sold around 5k shares on-market at roughly CA$23.95 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$108k more than they bought in the last 12 months.Recent Insider Transactions • Dec 19Chief Technical Officer recently sold CA$108k worth of stockOn the 11th of December, David Wendling sold around 5k shares on-market at roughly CA$23.95 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$108k more than they bought in the last 12 months.Recent Insider Transactions • Dec 16Chief Technical Officer recently sold CA$108k worth of stockOn the 11th of December, David Wendling sold around 5k shares on-market at roughly CA$23.95 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$108k more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 13Chief Technical Officer exercised options and sold CA$285k worth of stockOn the 6th of December, David Wendling exercised options to acquire 14k shares at no cost and sold these for an average price of CA$19.79 per share. This trade did not impact their existing holding. Since March 2024, David's direct individual holding has increased from 11.52k shares to 107.34k. Company insiders have collectively sold CA$594k more than they bought, via options and on-market transactions in the last 12 months.New Risk • Dec 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 111% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.1% net profit margin).Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$19.35, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 9x in the Telecom industry in Canada. Total loss to shareholders of 42% over the past three years.分析記事 • Nov 22Telesat's (TSE:TSAT) Weak Earnings May Only Reveal A Part Of The Whole PictureThe subdued market reaction suggests that Telesat Corporation's ( TSE:TSAT ) recent earnings didn't contain any...分析記事 • Nov 21Is Telesat (TSE:TSAT) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Major Estimate Revision • Nov 20Consensus EPS estimates increase from loss to CA$1.74 profitThe consensus outlook for fiscal year 2024 has been updated. 2024 forecast for profit of -CA$0.927 instead of a loss of CA$1.74 per share previously. Revenue forecast unchanged at CA$565.1m. Telecom industry in Canada expected to see average net income growth of 7.4% next year. Consensus price target up from CA$25.87 to CA$28.86. Share price fell 4.9% to CA$15.40 over the past week.Price Target Changed • Nov 17Price target increased by 11% to CA$28.83Up from CA$25.87, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CA$16.99. Stock is up 6.6% over the past year. The company is forecast to post a net loss per share of CA$2.61 compared to earnings per share of CA$11.71 last year.お知らせ • Nov 15Telesat Corporation Updates Earnings Guidance for the Year 2024Telesat Corporation updated earnings guidance for the year 2024. For 2024, the company expected revenues to be toward the upper end of the guidance range of between CAD 545 million and CAD 565 million.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CA$15.00, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 10x in the Telecom industry in Canada. Total loss to shareholders of 1.8% over the past year.お知らせ • Nov 07Telesat Corporation to Report Q3, 2024 Results on Nov 14, 2024Telesat Corporation announced that they will report Q3, 2024 results on Nov 14, 2024分析記事 • Oct 17Market Might Still Lack Some Conviction On Telesat Corporation (TSE:TSAT) Even After 37% Share Price BoostDespite an already strong run, Telesat Corporation ( TSE:TSAT ) shares have been powering on, with a gain of 37% in the...Recent Insider Transactions Derivative • Oct 04Chief Technical Officer exercised options and sold CA$119k worth of stockOn the 27th of September, David Wendling exercised options to acquire 7k shares at no cost and sold these for an average price of CA$17.61 per share. This trade did not impact their existing holding. Since December 2023, David's direct individual holding has increased from 2.70k shares to 101.09k. Company insiders have collectively sold CA$119k more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Oct 04Returns On Capital At Telesat (TSE:TSAT) Paint A Concerning PictureWhen researching a stock for investment, what can tell us that the company is in decline? When we see a declining...Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$18.56, the stock trades at a trailing P/E ratio of 8.7x. Average forward P/E is 2x in the Telecom industry in Canada. Total returns to shareholders of 7.0% over the past year.Price Target Changed • Sep 20Price target increased by 89% to CA$25.84Up from CA$13.68, the current price target is an average from 2 analysts. New target price is 60% above last closing price of CA$16.19. Stock is down 23% over the past year. The company is forecast to post a net loss per share of CA$0.93 compared to earnings per share of CA$11.71 last year.お知らせ • Sep 18Telesat Names Michael Adamson as New Senior Director of Defence Strategy and Business DevelopmentTelesat announced the appointment of recently retired Brigadier-General G. Michael Adamson as the company’s new Senior Director of Defence Strategy and Business Development. In this role, BGen (Ret’d) Adamson will work to expand and execute the government go-to-market and business development strategy for the Telesat Lightspeed low earth orbit (LEO) network, with an emphasis on Canada, the U.S. and other allied nations. Coming from a decorated career in the Canadian Department of National Defence (DND), Adamson will help lead several aspects of Telesat’s Government market strategy. This includes cultivating relationships with both government and industry partners and evolving the strategy and service offerings for Telesat Lightspeed to address key government SATCOM demands of the Canadian government and key allied nations. Most recently, BGen (Ret’d) Adamson was the inaugural Commander of the Canadian Armed Forces (CAF) 3 Canadian Space Division and the Joint Force Space Component Commander, where he worked with Canadian and Allied Partner stakeholders to operationalize the Space Domain and determine CAF space operations requirements. Prior to that he served as Commander 14 Wing Greenwood, where he was responsible for operations and administrations at Canada’s largest east coast airbase.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$16.42, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 3x in the Telecom industry in Canada. Total loss to shareholders of 25% over the past year.Major Estimate Revision • Sep 01Consensus EPS estimates fall by 275%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CA$0.402 to -CA$1.51 per share. Revenue forecast unchanged at CA$566.0m. Telecom industry in Canada expected to see average net income growth of 7.7% next year. Consensus price target of CA$13.70 unchanged from last update. Share price rose 8.8% to CA$14.69 over the past week.分析記事 • Aug 28Investors Still Aren't Entirely Convinced By Telesat Corporation's (TSE:TSAT) Earnings Despite 25% Price JumpTelesat Corporation ( TSE:TSAT ) shareholders would be excited to see that the share price has had a great month...Major Estimate Revision • Aug 20Consensus EPS estimates upgraded to CA$0.40 lossThe consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -CA$2.32 to -CA$0.402 per share. Revenue forecast steady at CA$561.8m. Telecom industry in Canada expected to see average net income growth of 7.7% next year. Consensus price target broadly unchanged at CA$13.70. Share price rose 26% to CA$13.48 over the past week.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$2.55 (down from CA$10.41 in 2Q 2023). Revenue: CA$152.4m (down 15% from 2Q 2023). Net income: CA$35.5m (down 75% from 2Q 2023). Profit margin: 23% (down from 78% in 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Canada.分析記事 • Aug 15Telesat (TSE:TSAT) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Aug 15Telesat Corporation Provides Earnings Guidance for the Year 2024Telesat Corporation provided earnings guidance for the year 2024. For 2024, Telesat continues to expect full year: revenues to be between $545 million and $565 million.お知らせ • Aug 08Telesat Corporation to Report Q2, 2024 Results on Aug 14, 2024Telesat Corporation announced that they will report Q2, 2024 results on Aug 14, 2024分析記事 • May 29Telesat Corporation's (TSE:TSAT) Share Price Boosted 30% But Its Business Prospects Need A Lift TooTelesat Corporation ( TSE:TSAT ) shares have had a really impressive month, gaining 30% after a shaky period...お知らせ • May 11Telesat Corporation Provides Earnings Guidance for the Year 2024Telesat Corporation provided earnings guidance for the year 2024. For 2024, Telesat continues to expect full year: revenues to be between $545 million and $565 million.Reported Earnings • May 11First quarter 2024 earnings released: CA$1.08 loss per share (vs CA$0.62 profit in 1Q 2023)First quarter 2024 results: CA$1.08 loss per share (down from CA$0.62 profit in 1Q 2023). Revenue: CA$152.2m (down 17% from 1Q 2023). Net loss: CA$14.8m (down 283% from profit in 1Q 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Canada.分析記事 • Apr 04We Think You Should Be Aware Of Some Concerning Factors In Telesat's (TSE:TSAT) EarningsThe stock price didn't jump after Telesat Corporation ( TSE:TSAT ) posted decent earnings last week. We did some...お知らせ • Mar 29Telesat Corporation, Annual General Meeting, Jun 18, 2024Telesat Corporation, Annual General Meeting, Jun 18, 2024.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CA$11.55 (vs CA$1.90 loss in FY 2022)Full year 2023 results: EPS: CA$11.55 (up from CA$1.90 loss in FY 2022). Revenue: CA$704.2m (down 7.2% from FY 2022). Net income: CA$157.1m (up CA$180.5m from FY 2022). Profit margin: 22% (up from net loss in FY 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Canada.お知らせ • Mar 28Telesat Corporation Provides Earnings Guidance for the Year 2024Telesat Corporation provided earnings guidance for the year 2024. For the year, the company expects revenues to be between $545 million and $565 million.お知らせ • Mar 22Telesat Corporation to Report Q4, 2023 Results on Mar 28, 2024Telesat Corporation announced that they will report Q4, 2023 results on Mar 28, 2024分析記事 • Feb 29Telesat Corporation (TSE:TSAT) Looks Inexpensive But Perhaps Not Attractive EnoughWhen close to half the companies operating in the Telecom industry in Canada have price-to-sales ratios (or "P/S...New Risk • Dec 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 137% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings are forecast to decline by an average of 137% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.お知らせ • Nov 08Telesat Corporation Provides Earnings Guidance for the Full Year 2023Telesat Corporation provided earnings guidance for the full year 2023. For the year, the company continues to expect revenues (assuming a foreign exchange rate of USD 1 = CAD 1.35) to be between $690 million and $710 million.Reported Earnings • Nov 07Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: CA$175.1m (down 2.8% from 3Q 2022). Net loss: CA$1.02m (loss narrowed 98% from 3Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Canada.お知らせ • Oct 31Telesat Corporation to Report Q3, 2023 Results on Nov 06, 2023Telesat Corporation announced that they will report Q3, 2023 results on Nov 06, 2023Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$18.10, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 16x in the Telecom industry in Canada. Total returns to shareholders of 75% over the past year.分析記事 • Sep 20The Returns At Telesat (TSE:TSAT) Aren't GrowingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...お知らせ • Sep 18Telesat Corporation(NasdaqGS:TSAT) dropped from S&P Global BMI IndexTelesat Corporation(NasdaqGS:TSAT) dropped from S&P Global BMI IndexValuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 73%After last week's 73% share price gain to CA$19.75, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 11x in the Telecom industry in North America. Total returns to shareholders of 30% over the past year.お知らせ • Aug 12Telesat Corporation Provides Preliminary Earnings Guidance for the Full Year 2023Telesat Corporation provided Preliminary earnings guidance for the full year 2023. For the year, the company continues to expects revenues to be between $690 million and $710 million.New Risk • Aug 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: CA$10.41 (vs CA$0.16 loss in 2Q 2022)Second quarter 2023 results: EPS: CA$10.41 (up from CA$0.16 loss in 2Q 2022). Revenue: CA$179.8m (down 3.7% from 2Q 2022). Net income: CA$140.0m (up CA$141.9m from 2Q 2022). Profit margin: 78% (up from net loss in 2Q 2022).お知らせ • Aug 04Telesat Corporation to Report Q2, 2023 Results on Aug 11, 2023Telesat Corporation announced that they will report Q2, 2023 results on Aug 11, 2023お知らせ • Jul 21Telesat’s Leo 3 Demonstration Satellite Successfully LaunchedTelesat announced its LEO 3 demonstration satellite was successfully launched aboard Rocket Lab’s Electron rocket. LEO 3 was one of seven satellites in the rideshare mission launched from Mahia, New Zealand. The LEO 3 satellite, built by Space Flight Laboratory (SFL), features Ka- and V-band payloads and will provide continuity for customer and ecosystem vendor testing campaigns following the decommissioning of Telesat’s Phase 1 LEO satellite. Separation of the LEO 3 satellite from the Electron rocket occurred 106 minutes after liftoff. Having achieved signal acquisition, solar arrays deployment, and successfully passing initial satellite health tests, SFL and Telesat are now testing the full satellite.お知らせ • Jul 06FCC Issues Telesat Phase II Certification of Accelerated Relocation OrderTelesat announced that the Wireless Telecommunications Bureau of the U.S. Federal Communications Commission (FCC) has validated Telesat's Phase II certification of accelerated C-band clearing activities in the 3.7 GHz band. With this order, the FCC confirms that Telesat has completed all requirements for relocating customers from the 3700-3820 MHz band in the contiguous U.S. along with all required Earth station equipment modifications. Telesat fulfilled the Phase II relocation requirements six months in advance of the December 2023 deadline, and is now eligible to receive its second accelerated relocation payment of nearly USD 260 million, expected by October 2023. Telesat has already received its Phase I clearing payments totaling USD 84.8 million.Reported Earnings • May 12First quarter 2023 earnings released: EPS: CA$0.62 (vs CA$1.16 in 1Q 2022)First quarter 2023 results: EPS: CA$0.62 (down from CA$1.16 in 1Q 2022). Revenue: CA$183.4m (down 1.3% from 1Q 2022). Net income: CA$8.07m (down 42% from 1Q 2022). Profit margin: 4.4% (down from 7.5% in 1Q 2022).お知らせ • May 05Telesat Corporation to Report Q1, 2023 Results on May 11, 2023Telesat Corporation announced that they will report Q1, 2023 results on May 11, 2023Reported Earnings • Mar 31Full year 2022 earnings released: CA$1.86 loss per share (vs CA$2.29 profit in FY 2021)Full year 2022 results: CA$1.86 loss per share (down from CA$2.29 profit in FY 2021). Revenue: CA$759.2m (flat on FY 2021). Net loss: CA$23.4m (down 123% from profit in FY 2021).Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$9.68, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 14x in the Telecom industry in North America. Total loss to shareholders of 62% over the past year.分析記事 • Mar 08These Return Metrics Don't Make Telesat (TSE:TSAT) Look Too StrongWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$11.17, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 14x in the Telecom industry in North America. Total loss to shareholders of 62% over the past year.決済の安定と成長配当データの取得安定した配当: TSATの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: TSATの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Telesat 配当利回り対市場TSAT 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (TSAT)n/a市場下位25% (CA)1.7%市場トップ25% (CA)5.4%業界平均 (Telecom)6.3%アナリスト予想 (TSAT) (最長3年)n/a注目すべき配当: TSATは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: TSATは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: TSATの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: TSATが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YCA 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 15:40終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Telesat Corporation 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関David McFadgenATB CormarkDavid McFadgenATB Cormark Historical (Cormark Securities)Xin YuDeutsche Bank3 その他のアナリストを表示
Price Target Changed • May 17Price target decreased by 18% to CA$61.15Down from CA$74.83, the current price target is provided by 1 analyst. New target price is 15% below last closing price of CA$71.78. Stock is up 205% over the past year. The company posted a net loss per share of CA$10.61 last year.
New Risk • May 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding).
お知らせ • Apr 21Telesat Corporation to Report Q1, 2026 Results on May 05, 2026Telesat Corporation announced that they will report Q1, 2026 results on May 05, 2026
Price Target Changed • Mar 18Price target increased by 26% to CA$62.40Up from CA$49.33, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CA$55.01. Stock is up 77% over the past year.
お知らせ • Mar 17+ 2 more updatesTelesat Corporation Provides Earnings Guidance for the Full Year 2026Telesat Corporation provided earnings guidance for the full year 2026. For the year, the company expects GEO revenue to be between $300 million and $320 million.
お知らせ • Mar 11Telesat Corporation to Report Q4, 2025 Results on Mar 17, 2026Telesat Corporation announced that they will report Q4, 2025 results on Mar 17, 2026
Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Director Janet Yeung was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Feb 09Price target increased by 16% to CA$56.91Up from CA$49.10, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CA$37.18. Stock is up 24% over the past year. The company posted a net loss per share of CA$6.29 last year.
お知らせ • Jan 22Telesat Announces Update on Creditor LitigationTelesat confirmed that certain creditors holding portions of the company's legacy GEO (Geostationary Earth Orbit) debt have filed lawsuits in both New York and Ontario regarding the equity distribution in September 2025 of the Telesat Lightspeed business. The lawsuits, filed at the direction of a group of distressed debt hedge funds, are without merit. The equity distribution at issue followed a robust governance process and was accomplished in strict accordance with relevant debt agreements and applicable law. Telesat intends to defend itself vigorously. Telesat and its stakeholders are firmly committed to supporting the company's customers, advancing the Telesat Lightspeed program, and creating long-term value.
Reported Earnings • Nov 04Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: CA$2.38 loss per share (down from CA$1.27 profit in 3Q 2024). Revenue: CA$101.1m (down 27% from 3Q 2024). Net loss: CA$35.3m (down 297% from profit in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings.
お知らせ • Oct 27Telesat Corporation to Report Q3, 2025 Results on Nov 04, 2025Telesat Corporation announced that they will report Q3, 2025 results on Nov 04, 2025
Price Target Changed • Oct 14Price target increased by 40% to CA$49.10Up from CA$35.09, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CA$49.30. Stock is up 172% over the past year. The company posted a net loss per share of CA$6.29 last year.
お知らせ • Aug 27Telesat Appoints Donald Tremblay as Chief Financial Officer, Effective October 20, 2025Telesat on August 27, 2025 announced the appointment of Donald Tremblay as its new Chief Financial Officer (CFO), effective October 20, 2025. A highly experienced CFO, Mr. Tremblay brings over 35 years of financial expertise and leadership, including at publicly listed companies in high-growth, capital intensive industries. He has deep experience in equity and debt capital market transactions, mergers and acquisitions, compliance, and risk management. Mr. Tremblay will be succeeding Andrew Browne, who announced in March of this year that he would be retiring after serving as Telesat’s CFO since 2019. Most recently, Mr. Tremblay served as CFO of Champion Iron, where he was responsible for managing the company’s finances and treasury, playing an important role in positioning the company to successfully execute its operating and growth strategies. During his tenure as CFO of Transalta, he restructured the company’s balance sheet to strengthen its financial position and enhanced its capital management discipline. As CFO of Brookfield Renewable, Mr. Tremblay played an instrumental role in growing the organization’s market capitalization from $300 million to over $2.5 billion.
Reported Earnings • Aug 06Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CA$1.43 (down from CA$2.55 in 2Q 2024). Revenue: CA$106.1m (down 30% from 2Q 2024). Net income: CA$21.0m (down 41% from 2Q 2024). Profit margin: 20% (down from 23% in 2Q 2024). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Canada. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
お知らせ • Aug 06Telesat Corporation Announces Earnings Guidance for the Full Year 2025Telesat Corporation announced earnings guidance for the full year 2025. For the full year, the company expects revenues to be between $405 million and $425 million.
お知らせ • Jul 30Telesat Corporation to Report Q2, 2025 Results on Aug 06, 2025Telesat Corporation announced that they will report Q2, 2025 results on Aug 06, 2025
Recent Insider Transactions • Jun 29Chief Commercial Officer recently sold CA$436k worth of stockOn the 26th of June, Glenn Katz sold around 14k shares on-market at roughly CA$31.91 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.7m more than they bought in the last 12 months.
Reported Earnings • May 07First quarter 2025 earnings: Revenues exceed analyst expectationsFirst quarter 2025 results: Revenue: CA$116.7m (down 23% from 1Q 2024). Net loss: CA$15.5m (loss widened 5.3% from 1Q 2024). Revenue exceeded analyst estimates by 6.9%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Canada.
お知らせ • Apr 30Telesat Corporation to Report Q1, 2025 Results on May 06, 2025Telesat Corporation announced that they will report Q1, 2025 results on May 06, 2025
お知らせ • Apr 01Telesat Corporation, Annual General Meeting, Jun 17, 2025Telesat Corporation, Annual General Meeting, Jun 17, 2025.
Price Target Changed • Mar 28Price target increased by 16% to CA$45.09Up from CA$38.82, the current price target is provided by 1 analyst. New target price is 67% above last closing price of CA$26.99. Stock is up 134% over the past year. The company posted a net loss per share of CA$6.29 last year.
お知らせ • Mar 27+ 1 more updateTelesat Announces Retirement of Andrew Browne as CFOTelesat CFO Andrew Browne has announced plans to retire later this year. Telesat is initiating a search process to identify its next Chief Financial Officer. Mr. Browne will continue as Chief Financial Officer until a successor is appointed and will assist with the process to allow for a seamless transition.
お知らせ • Mar 22Telesat Corporation to Report Q4, 2024 Results on Mar 27, 2025Telesat Corporation announced that they will report Q4, 2024 results on Mar 27, 2025
New Risk • Mar 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 114% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.1% net profit margin). Significant insider selling over the past 3 months (CA$648k sold).
Price Target Changed • Mar 14Price target increased by 35% to CA$38.73Up from CA$28.66, the current price target is an average from 2 analysts. New target price is 6.7% above last closing price of CA$36.29. Stock is up 176% over the past year. The company is forecast to post earnings per share of CA$0.13 for next year compared to CA$11.71 last year.
分析記事 • Mar 12Is Telesat (TSE:TSAT) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 39%After last week's 39% share price gain to CA$31.58, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 8x in the Telecom industry in Canada. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CA$25.59, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 8x in the Telecom industry in Canada. Total loss to shareholders of 3.6% over the past three years.
分析記事 • Feb 14Telesat's (TSE:TSAT) Returns On Capital Tell Us There Is Reason To Feel UneasyWhen researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$29.92, the stock trades at a trailing P/E ratio of 8.6x. Average forward P/E is 8x in the Telecom industry in Canada. Total returns to shareholders of 3.7% over the past three years.
新しいナラティブ • Feb 09Reliance On Lightspeed Amid Starlink Competition Will Pose Revenue Risks Telesat's shift from GEO to LEO satellites risks short-term profitability due to high capital expenses and staffing needs, affecting margins and earnings.
分析記事 • Jan 24Is Now An Opportune Moment To Examine Telesat Corporation (TSE:TSAT)?Telesat Corporation ( TSE:TSAT ), might not be a large cap stock, but it led the TSX gainers with a relatively large...
お知らせ • Jan 14Telesat Corporation Announces Executive ChangesTelesat announced that Michel Forest will be its new Chief Technology Officer following the retirement of David Wendling at the end of February 2025. In this role, Mr. Forest will report to Dan Goldberg, Telesat’s President and CEO, and oversee Telesat’s satellite operations, satellite and systems engineering, launch activities and program management. Serving most recently as Telesat’s Vice President of LEO System Engineering, Mr. Forest has been leading the end-to-end architecture and system performance of the advanced Telesat Lightspeed constellation. Prior to his decade-long career at Telesat, he held leadership positions in satellite systems and antenna engineering at MDA Space. Also announced today, Asit Tandon is joining Telesat in the role of Chief Network and Information Officer, reporting to Goldberg. In this role, Mr. Tandon will be responsible for the terrestrial elements of the Telesat Lightspeed network, including Network Operations systems, the Network Operations Center, facilities, program management and customer fulfillment, and network and corporate IT systems. Mr. Tandon brings deep expertise from a distinguished career in planning, deploying and operating telecom networks. He was most recently the Vice President of Network Technology at Rogers Communications, where he was responsible for the technology development, design, engineering and operations of wireline access and core networks. Previously, Mr. Tandon held leadership roles in Network Operations at Hutchison-3 Indonesia, Bharti Airtel and Siemens Ltd. He earned his Bachelor of Engineering degree from Delhi college of Engineering.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$26.96, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 9x in the Telecom industry in Canada. Total loss to shareholders of 24% over the past three years.
お知らせ • Jan 06Telesat Appoints Charles “Chuck” Cynamon as Its New President of Telesat Government SolutionsTelesat announced the appointment of Charles “Chuck” Cynamon as its new President of Telesat Government Solutions, a wholly-owned subsidiary of Telesat that provides resilient and secure satellite solutions to the U.S. Government civil, military and intelligence sectors. Mr. Cynamon brings deep knowledge, expertise and leadership acumen from over 24 years of service in the U.S. Air Force and a subsequent decade working with leading space and satellite enterprises. Most recently he was Senior Vice President at LinQuest Corporation, where he led the company’s largest division and the development of Allied Space partnerships that serve the National Security Space community and U.S. Government agencies.Previously he served as Vice President, Business Development and Strategy for MacDonald Dettwiler & Associates Information Systems, leading the company’s growth in the emerging space market; and earlier as Senior Director for Hughes Network Systems’ Defense & Intelligence Systems Division.
分析記事 • Jan 03Telesat Corporation (TSE:TSAT) Shares Fly 26% But Investors Aren't Buying For GrowthDespite an already strong run, Telesat Corporation ( TSE:TSAT ) shares have been powering on, with a gain of 26% in the...
Recent Insider Transactions • Dec 23Insider recently sold CA$311k worth of stockOn the 20th of December, John Flaherty sold around 12k shares on-market at roughly CA$25.88 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$747k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 20Chief Technical Officer recently sold CA$108k worth of stockOn the 11th of December, David Wendling sold around 5k shares on-market at roughly CA$23.95 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$108k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 19Chief Technical Officer recently sold CA$108k worth of stockOn the 11th of December, David Wendling sold around 5k shares on-market at roughly CA$23.95 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$108k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 16Chief Technical Officer recently sold CA$108k worth of stockOn the 11th of December, David Wendling sold around 5k shares on-market at roughly CA$23.95 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$108k more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 13Chief Technical Officer exercised options and sold CA$285k worth of stockOn the 6th of December, David Wendling exercised options to acquire 14k shares at no cost and sold these for an average price of CA$19.79 per share. This trade did not impact their existing holding. Since March 2024, David's direct individual holding has increased from 11.52k shares to 107.34k. Company insiders have collectively sold CA$594k more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Dec 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 111% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.1% net profit margin).
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$19.35, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 9x in the Telecom industry in Canada. Total loss to shareholders of 42% over the past three years.
分析記事 • Nov 22Telesat's (TSE:TSAT) Weak Earnings May Only Reveal A Part Of The Whole PictureThe subdued market reaction suggests that Telesat Corporation's ( TSE:TSAT ) recent earnings didn't contain any...
分析記事 • Nov 21Is Telesat (TSE:TSAT) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Major Estimate Revision • Nov 20Consensus EPS estimates increase from loss to CA$1.74 profitThe consensus outlook for fiscal year 2024 has been updated. 2024 forecast for profit of -CA$0.927 instead of a loss of CA$1.74 per share previously. Revenue forecast unchanged at CA$565.1m. Telecom industry in Canada expected to see average net income growth of 7.4% next year. Consensus price target up from CA$25.87 to CA$28.86. Share price fell 4.9% to CA$15.40 over the past week.
Price Target Changed • Nov 17Price target increased by 11% to CA$28.83Up from CA$25.87, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CA$16.99. Stock is up 6.6% over the past year. The company is forecast to post a net loss per share of CA$2.61 compared to earnings per share of CA$11.71 last year.
お知らせ • Nov 15Telesat Corporation Updates Earnings Guidance for the Year 2024Telesat Corporation updated earnings guidance for the year 2024. For 2024, the company expected revenues to be toward the upper end of the guidance range of between CAD 545 million and CAD 565 million.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CA$15.00, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 10x in the Telecom industry in Canada. Total loss to shareholders of 1.8% over the past year.
お知らせ • Nov 07Telesat Corporation to Report Q3, 2024 Results on Nov 14, 2024Telesat Corporation announced that they will report Q3, 2024 results on Nov 14, 2024
分析記事 • Oct 17Market Might Still Lack Some Conviction On Telesat Corporation (TSE:TSAT) Even After 37% Share Price BoostDespite an already strong run, Telesat Corporation ( TSE:TSAT ) shares have been powering on, with a gain of 37% in the...
Recent Insider Transactions Derivative • Oct 04Chief Technical Officer exercised options and sold CA$119k worth of stockOn the 27th of September, David Wendling exercised options to acquire 7k shares at no cost and sold these for an average price of CA$17.61 per share. This trade did not impact their existing holding. Since December 2023, David's direct individual holding has increased from 2.70k shares to 101.09k. Company insiders have collectively sold CA$119k more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Oct 04Returns On Capital At Telesat (TSE:TSAT) Paint A Concerning PictureWhen researching a stock for investment, what can tell us that the company is in decline? When we see a declining...
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$18.56, the stock trades at a trailing P/E ratio of 8.7x. Average forward P/E is 2x in the Telecom industry in Canada. Total returns to shareholders of 7.0% over the past year.
Price Target Changed • Sep 20Price target increased by 89% to CA$25.84Up from CA$13.68, the current price target is an average from 2 analysts. New target price is 60% above last closing price of CA$16.19. Stock is down 23% over the past year. The company is forecast to post a net loss per share of CA$0.93 compared to earnings per share of CA$11.71 last year.
お知らせ • Sep 18Telesat Names Michael Adamson as New Senior Director of Defence Strategy and Business DevelopmentTelesat announced the appointment of recently retired Brigadier-General G. Michael Adamson as the company’s new Senior Director of Defence Strategy and Business Development. In this role, BGen (Ret’d) Adamson will work to expand and execute the government go-to-market and business development strategy for the Telesat Lightspeed low earth orbit (LEO) network, with an emphasis on Canada, the U.S. and other allied nations. Coming from a decorated career in the Canadian Department of National Defence (DND), Adamson will help lead several aspects of Telesat’s Government market strategy. This includes cultivating relationships with both government and industry partners and evolving the strategy and service offerings for Telesat Lightspeed to address key government SATCOM demands of the Canadian government and key allied nations. Most recently, BGen (Ret’d) Adamson was the inaugural Commander of the Canadian Armed Forces (CAF) 3 Canadian Space Division and the Joint Force Space Component Commander, where he worked with Canadian and Allied Partner stakeholders to operationalize the Space Domain and determine CAF space operations requirements. Prior to that he served as Commander 14 Wing Greenwood, where he was responsible for operations and administrations at Canada’s largest east coast airbase.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$16.42, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 3x in the Telecom industry in Canada. Total loss to shareholders of 25% over the past year.
Major Estimate Revision • Sep 01Consensus EPS estimates fall by 275%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CA$0.402 to -CA$1.51 per share. Revenue forecast unchanged at CA$566.0m. Telecom industry in Canada expected to see average net income growth of 7.7% next year. Consensus price target of CA$13.70 unchanged from last update. Share price rose 8.8% to CA$14.69 over the past week.
分析記事 • Aug 28Investors Still Aren't Entirely Convinced By Telesat Corporation's (TSE:TSAT) Earnings Despite 25% Price JumpTelesat Corporation ( TSE:TSAT ) shareholders would be excited to see that the share price has had a great month...
Major Estimate Revision • Aug 20Consensus EPS estimates upgraded to CA$0.40 lossThe consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -CA$2.32 to -CA$0.402 per share. Revenue forecast steady at CA$561.8m. Telecom industry in Canada expected to see average net income growth of 7.7% next year. Consensus price target broadly unchanged at CA$13.70. Share price rose 26% to CA$13.48 over the past week.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$2.55 (down from CA$10.41 in 2Q 2023). Revenue: CA$152.4m (down 15% from 2Q 2023). Net income: CA$35.5m (down 75% from 2Q 2023). Profit margin: 23% (down from 78% in 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Canada.
分析記事 • Aug 15Telesat (TSE:TSAT) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Aug 15Telesat Corporation Provides Earnings Guidance for the Year 2024Telesat Corporation provided earnings guidance for the year 2024. For 2024, Telesat continues to expect full year: revenues to be between $545 million and $565 million.
お知らせ • Aug 08Telesat Corporation to Report Q2, 2024 Results on Aug 14, 2024Telesat Corporation announced that they will report Q2, 2024 results on Aug 14, 2024
分析記事 • May 29Telesat Corporation's (TSE:TSAT) Share Price Boosted 30% But Its Business Prospects Need A Lift TooTelesat Corporation ( TSE:TSAT ) shares have had a really impressive month, gaining 30% after a shaky period...
お知らせ • May 11Telesat Corporation Provides Earnings Guidance for the Year 2024Telesat Corporation provided earnings guidance for the year 2024. For 2024, Telesat continues to expect full year: revenues to be between $545 million and $565 million.
Reported Earnings • May 11First quarter 2024 earnings released: CA$1.08 loss per share (vs CA$0.62 profit in 1Q 2023)First quarter 2024 results: CA$1.08 loss per share (down from CA$0.62 profit in 1Q 2023). Revenue: CA$152.2m (down 17% from 1Q 2023). Net loss: CA$14.8m (down 283% from profit in 1Q 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Canada.
分析記事 • Apr 04We Think You Should Be Aware Of Some Concerning Factors In Telesat's (TSE:TSAT) EarningsThe stock price didn't jump after Telesat Corporation ( TSE:TSAT ) posted decent earnings last week. We did some...
お知らせ • Mar 29Telesat Corporation, Annual General Meeting, Jun 18, 2024Telesat Corporation, Annual General Meeting, Jun 18, 2024.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CA$11.55 (vs CA$1.90 loss in FY 2022)Full year 2023 results: EPS: CA$11.55 (up from CA$1.90 loss in FY 2022). Revenue: CA$704.2m (down 7.2% from FY 2022). Net income: CA$157.1m (up CA$180.5m from FY 2022). Profit margin: 22% (up from net loss in FY 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Canada.
お知らせ • Mar 28Telesat Corporation Provides Earnings Guidance for the Year 2024Telesat Corporation provided earnings guidance for the year 2024. For the year, the company expects revenues to be between $545 million and $565 million.
お知らせ • Mar 22Telesat Corporation to Report Q4, 2023 Results on Mar 28, 2024Telesat Corporation announced that they will report Q4, 2023 results on Mar 28, 2024
分析記事 • Feb 29Telesat Corporation (TSE:TSAT) Looks Inexpensive But Perhaps Not Attractive EnoughWhen close to half the companies operating in the Telecom industry in Canada have price-to-sales ratios (or "P/S...
New Risk • Dec 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 137% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings are forecast to decline by an average of 137% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
お知らせ • Nov 08Telesat Corporation Provides Earnings Guidance for the Full Year 2023Telesat Corporation provided earnings guidance for the full year 2023. For the year, the company continues to expect revenues (assuming a foreign exchange rate of USD 1 = CAD 1.35) to be between $690 million and $710 million.
Reported Earnings • Nov 07Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: CA$175.1m (down 2.8% from 3Q 2022). Net loss: CA$1.02m (loss narrowed 98% from 3Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Canada.
お知らせ • Oct 31Telesat Corporation to Report Q3, 2023 Results on Nov 06, 2023Telesat Corporation announced that they will report Q3, 2023 results on Nov 06, 2023
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$18.10, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 16x in the Telecom industry in Canada. Total returns to shareholders of 75% over the past year.
分析記事 • Sep 20The Returns At Telesat (TSE:TSAT) Aren't GrowingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
お知らせ • Sep 18Telesat Corporation(NasdaqGS:TSAT) dropped from S&P Global BMI IndexTelesat Corporation(NasdaqGS:TSAT) dropped from S&P Global BMI Index
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 73%After last week's 73% share price gain to CA$19.75, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 11x in the Telecom industry in North America. Total returns to shareholders of 30% over the past year.
お知らせ • Aug 12Telesat Corporation Provides Preliminary Earnings Guidance for the Full Year 2023Telesat Corporation provided Preliminary earnings guidance for the full year 2023. For the year, the company continues to expects revenues to be between $690 million and $710 million.
New Risk • Aug 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: CA$10.41 (vs CA$0.16 loss in 2Q 2022)Second quarter 2023 results: EPS: CA$10.41 (up from CA$0.16 loss in 2Q 2022). Revenue: CA$179.8m (down 3.7% from 2Q 2022). Net income: CA$140.0m (up CA$141.9m from 2Q 2022). Profit margin: 78% (up from net loss in 2Q 2022).
お知らせ • Aug 04Telesat Corporation to Report Q2, 2023 Results on Aug 11, 2023Telesat Corporation announced that they will report Q2, 2023 results on Aug 11, 2023
お知らせ • Jul 21Telesat’s Leo 3 Demonstration Satellite Successfully LaunchedTelesat announced its LEO 3 demonstration satellite was successfully launched aboard Rocket Lab’s Electron rocket. LEO 3 was one of seven satellites in the rideshare mission launched from Mahia, New Zealand. The LEO 3 satellite, built by Space Flight Laboratory (SFL), features Ka- and V-band payloads and will provide continuity for customer and ecosystem vendor testing campaigns following the decommissioning of Telesat’s Phase 1 LEO satellite. Separation of the LEO 3 satellite from the Electron rocket occurred 106 minutes after liftoff. Having achieved signal acquisition, solar arrays deployment, and successfully passing initial satellite health tests, SFL and Telesat are now testing the full satellite.
お知らせ • Jul 06FCC Issues Telesat Phase II Certification of Accelerated Relocation OrderTelesat announced that the Wireless Telecommunications Bureau of the U.S. Federal Communications Commission (FCC) has validated Telesat's Phase II certification of accelerated C-band clearing activities in the 3.7 GHz band. With this order, the FCC confirms that Telesat has completed all requirements for relocating customers from the 3700-3820 MHz band in the contiguous U.S. along with all required Earth station equipment modifications. Telesat fulfilled the Phase II relocation requirements six months in advance of the December 2023 deadline, and is now eligible to receive its second accelerated relocation payment of nearly USD 260 million, expected by October 2023. Telesat has already received its Phase I clearing payments totaling USD 84.8 million.
Reported Earnings • May 12First quarter 2023 earnings released: EPS: CA$0.62 (vs CA$1.16 in 1Q 2022)First quarter 2023 results: EPS: CA$0.62 (down from CA$1.16 in 1Q 2022). Revenue: CA$183.4m (down 1.3% from 1Q 2022). Net income: CA$8.07m (down 42% from 1Q 2022). Profit margin: 4.4% (down from 7.5% in 1Q 2022).
お知らせ • May 05Telesat Corporation to Report Q1, 2023 Results on May 11, 2023Telesat Corporation announced that they will report Q1, 2023 results on May 11, 2023
Reported Earnings • Mar 31Full year 2022 earnings released: CA$1.86 loss per share (vs CA$2.29 profit in FY 2021)Full year 2022 results: CA$1.86 loss per share (down from CA$2.29 profit in FY 2021). Revenue: CA$759.2m (flat on FY 2021). Net loss: CA$23.4m (down 123% from profit in FY 2021).
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$9.68, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 14x in the Telecom industry in North America. Total loss to shareholders of 62% over the past year.
分析記事 • Mar 08These Return Metrics Don't Make Telesat (TSE:TSAT) Look Too StrongWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$11.17, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 14x in the Telecom industry in North America. Total loss to shareholders of 62% over the past year.
