WallStreetZenWallStreetZen
NASDAQ: TSAT

How to Buy Telesat Stock

Open Broker Account

Telesat Corp

Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide.

Telesat stock last closed at $8.22, down 7.74% from the previous day, and has decreased 68.77% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.52 percentage points. Telesat stock is currently +24.36% from its 52-week low of $6.61, and -76.5% from its 52-week high of $34.98.

There are currently 12.6M shares of TSAT outstanding. The market value of TSAT is $103.53M. In the past 24 hours, 46,703 TSAT shares were traded.

How to Buy Telesat Stock

Not sure how to invest in Telesat stock? Here's how.
  1. Choose where to buy Telesat stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Telesat stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified. It's the best place to buy TSAT stock.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. Analyze Telesat stock: The Telesat ticker symbol is TSAT. Is Telesat stock a good investment? Should you buy shares of TSAT? How do TSAT's underlying business fundamentals look? Do top analysts think Telesat is a good buy? Why has TSAT's stock price moved recently? (Hint: Our stock market research tools can help you understand if TSAT is a good stock to buy).
  5. Place your TSAT trade: Decide if you will purchase TSAT shares at the current market price or use a limit order to buy TSAT stock at a specific price.
  6. Track your TSAT investment: Create a watchlist to monitor your position in Telesat stock.

Step 1: Choose where to buy Telesat stock

You need a brokerage account in order to access the NASDAQ market and buy TSAT shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best stock brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world markets: From Technology to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by opening an account with eToro today.

Open eToro Account

Step 2: Create a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to invest in TSAT stock today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
  2. Input your personal details to start a new trading account.
  1. Submit your details by clicking the "Create Account" button.
Get started with eToro today

Step 3: Put funds into your investment account

Check out the walkthrough below for more details transferring funds into your brokerage account.

Get started with eToro today

Step 4: Analyze Telesat stock

It's absolutely critical to evaluate stocks prior to investing, so you truly understand the risk and upside.

Overview of key TSAT info

TSAT Price
$8.22
1w %
-8.05%
1y %
-68.77%
5y %
N/A
P/E
N/A
P/B
0.31x
P/S
0.19x
PEG
N/A
Revenue
$540.13M
Earnings
$36.97M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$103.53M
Next Earnings
N/A
Next Dividend
N/A

TSAT Due Diligence Checks

WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on TSAT's stock page.

Is TSAT stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge TSAT's true value.

Using relative valuations ratios:

  • TSAT could be undervalued based on its P/B ratio of 0.31x, relative to Communication Equipment industry P/B ratio of 3.44x

You can do more valuation analysis on TSAT's stock here.

TSAT Financial Health Overview

Pros:

  • TSAT has $1.22B in cash and short term investments. This is sufficient to cover its annual cash burn of $21.34M.
  • TSAT has cash burn of 21338686. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the TSAT balance sheet.

Cons:

  • There are more long-term liabilities than short-term assets on the TSAT balance sheet.
  • TSAT profit margin has gone down from 38.5% to 6.8% in the past year.
  • TSAT has a relatively high debt to equity ratio of 10.59.

TSAT Trading Indicators

SMA10
8.58
SMA20
8.58
SMA50
8.06
SMA100
9.69
SMA200
12.59
MACD
0.11
MACD Signal
0.12
MACD Histogram
-0.01
RSI
46.64
Stochastic %K
58.5
Stochastic %D
61.22
StochRSI %K
55.8
StochRSI %D
61.72

TSAT Revenue

Last year, TSAT revenue was $540.13M. In the last 1 years, TSAT's revenue has grown by -7.85% per year. This was slower than the Communication Equipment industry average of 4.78%.

Dig into TSAT's earnings and revenue performance here.

What are TSAT executives and large shareholders up to?

Over the last year, insiders at TSAT have not bought or sold any shares.

Get more info about who owns TSAT shares here.

Can I get consistent income from TSAT stock?

No, Telesat doesn't provide an income stream by paying out dividends.

What others are saying about TSAT

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your TSAT trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

If you need additional help buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Track your TSAT investment

Now that you own some TSAT shares, you'll want to keep up with your new investment.

Add TSAT to a watchlist to get the latest updates about your TSAT stock.

TSAT Feed

How to Buy Stock in Telesat

To reiterate, here are the 6 steps to buy stock in Telesat:

  1. Choose where to buy Telesat stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Analyze Telesat stock
  5. Place your TSAT trade
  6. Track your TSAT investment

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today

If you want to get the latest scoop on your new investment in Telesat, add TSAT to your watchlist below.

NASDAQ: TSAT
$8.22-0.69 (-7.74%)
Updated Dec 5, 2022
Open eToro Account
NASDAQ: TSAT
$8.22-0.69 (-7.74%)
Updated Dec 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one Telesat share?

As of Dec 5, 2022, it costs $8.22 to buy one share of Telesat stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.487 shares of TSAT.

Get Started with eToro Today

What is the best way to buy Telesat stock?

The best way to buy Telesat stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.