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How to Buy Telesat Stock

Telesat Corp

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

Telesat stock last closed at $8.13, down 0.61% from the previous day, and has decreased 16.87% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.22 percentage points. Telesat stock is currently +17.32% from its 52-week low of $6.93, and -64.26% from its 52-week high of $22.75.

As of Jul 22, 2024, there are 13.61M shares of TSAT outstanding. The market cap of TSAT is $110.65M. In the past 24 hours, 8514 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 decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Telesat stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your payment method and add your information.
  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 research tools can help you figure out 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 shares at a specific price.
  6. Track your TSAT investment: Create a watchlist to monitor your new investment in Telesat shares.

Step 1: Choose where to buy Telesat stock

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

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best brokerage. eToro gives you:

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you need to fill out some personal info so you can invest in TSAT stock today.

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  1. Click here to get started.
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  2. Input your personal details to start your new trading account.
  1. Submit your info by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have created your account on a mobile trading app, you can securely and quickly fund your account:

Watch this video walkthrough to see the process of transferring money into your brokerage account.

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Step 4: Analyze Telesat stock

After you have figured out the best place to buy Telesat stock, it's important to research their stock before you invest, so you truly comprehend the risk and upside.

Overview of key TSAT info

TSAT Price
$8.13
1w %
-9.16%
1y %
-16.87%
5y %
N/A
P/E
1.11x
P/B
0.22x
P/S
0.23x
PEG
0.02x
Revenue
$491.18M
Earnings
$98.29M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$110.65M
Next Earnings
Aug 10, 2024
Next Dividend
N/A

Telesat Due Diligence Checks

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.

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

How is TSAT stock valued?

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

Using relative valuations methods:

  • TSAT could be undervalued based on its P/E ratio of 1.11x, relative to Communication Equipment industry P/E ratio of 8.33x
  • TSAT may be undervalued based on its P/B ratio of 0.22x, relative to Communication Equipment industry P/B ratio of 2.92x
  • TSAT may be undervalued based on its PEG ratio of 0.02x

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

A quick look at TSAT Financials

Pros:

  • TSAT profit margin has gone up from -3.9% to 20% in the past year.
  • There are more short-term assets than short-term liabilities on the TSAT balance sheet.

Cons:

  • TSAT earnings of $355.43M is not sufficient to cover its interest payments.
  • TSAT's operating cash flow of $132.86M allows it to safely service it's debt of $2.42B.
  • TSAT has a relatively high debt to equity ratio of 5.83.
  • There are more long-term liabilities than short-term assets on the TSAT balance sheet.

Do analysts think it's a good time to buy TSAT stock

Out of 1 Wall Street analysts who monitor TSAT, the consensus analyst rating on TSAT is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Telesat stock forecast page.

TSAT Technicals

SMA10
8.43
SMA20
8.32
SMA50
8.51
SMA100
8.41
SMA200
9.46
MACD
-0.02
MACD Signal
-0.01
MACD Histogram
0
RSI
45.55
Stochastic %K
22.37
Stochastic %D
37.2
StochRSI %K
11.09
StochRSI %D
34.14

How are TSAT Revenues/Earnings doing?

Last year, TSAT earnings were $98.29M. Over the last two year, TSAT's earnings have gone up by 97.5% per year. This was faster than the Communication Equipment industry average of 1.6%.

Last year, TSAT revenue was $491.18M. During the past 2 year, TSAT's revenue has grown by -9.04% per year. This was slower than the Communication Equipment industry average of 3.81%.

Dive into TSAT's earnings and revenue performance here.

What are TSAT executives and large shareholders up to?

In the past 12 months, insiders at TSAT have not bought or sold any shares.

Research more about who owns TSAT shares here.

Does TSAT provide a stable income stream?

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

TSAT Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your TSAT trade

There are two primary order types:

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

Hit the Open button and your broker will execute the order.

If you require more info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Track your TSAT investment

Now that you own some TSAT stock, you'll want to keep up with your stock purchase.

Make a watchlist to track your TSAT stock.

TSAT Feed

How to Buy Stock in Telesat

To summarize, here are the 6 steps for buying Telesat stock:

  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 need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Telesat, click below.

NASDAQ: TSAT
$8.13-0.05 (-0.61%)
Updated Jul 22, 2024
Open eToro Account
NASDAQ: TSAT
$8.13-0.05 (-0.61%)
Updated Jul 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Telesat share?

As of Jul 22, 2024, it costs $8.13 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 0.492 shares of TSAT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Telesat stock?

According to 1 Wall Street analysts who monitor Telesat, their consensus recommendation is to hold Telesat stock.

What is the best way to buy Telesat stock?

One way to place an order for Telesat stock is with a brokerage account.
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.