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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 $9.31, down 1.59% from the previous day, and has increased 33.96% in one year. It has overperformed other stocks in the Communication Equipment industry by 0.51 percentage points. Telesat stock is currently +42.79% from its 52-week low of $6.52, and -59.08% from its 52-week high of $22.75.

As of Mar 27, 2024, there are 13.58M shares of TSAT outstanding. The market cap of TSAT is $126.39M. In the past 24 hours, 48,555 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:

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

Get $10 towards your share purchase by signing up for an account with eToro today.

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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.

How to Set Up a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal details to start your new trading account.
  1. Submit your info by pressing the "Create Account" button.
  2. 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.

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.

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.

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
$9.31
1w %
-0.96%
1y %
33.96%
5y %
N/A
P/E
1x
P/B
0.26x
P/S
0.23x
PEG
N/A
Revenue
$543.75M
Earnings
$124.19M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$126.39M
Next Earnings
Mar 28, 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 1x, relative to Communication Equipment industry P/E ratio of 18.47x
  • TSAT may be undervalued based on its P/B ratio of 0.26x, relative to Communication Equipment industry P/B ratio of 2.78x

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

A quick look at TSAT Financials

Pros:

  • TSAT profit margin has gone up from -0.5% to 22.8% in the past year.
  • There are more short-term assets than short-term liabilities on the TSAT balance sheet.

Cons:

  • TSAT has a relatively high debt to equity ratio of 6.13.
  • TSAT earnings of $396.24M is not sufficient to cover its interest payments.
  • TSAT's operating cash flow of $163.39M allows it to safely service it's debt of $2.46B.
  • There are more long-term liabilities than short-term assets on the TSAT balance sheet.

TSAT Technical Indicators

SMA10
9.46
SMA20
9.31
SMA50
9.39
SMA100
10.01
SMA200
11.26
MACD
0.04
MACD Signal
0.02
MACD Histogram
0.01
RSI
49.09
Stochastic %K
57.04
Stochastic %D
57.24
StochRSI %K
32.52
StochRSI %D
32.72

TSAT Earnings

Last year, TSAT revenue was $543.75M. Over the past two year, TSAT's revenue has gone up by -4.76% per year. This was slower than the Communication Equipment industry average of 3.89%.

You can analyze TSAT's earnings and revenue performance here.

Are TSAT insiders buying or selling the stock?

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

Get more info 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.

What do other investors have to say about TSAT?

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

Click below to learn what other community members have to say.

Step 5: Place your TSAT trade

You have two main options:

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

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

If you require additional assistance buying stocks on eToro, watch the helpful video below:

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Step 6: Track your TSAT investment

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

Make 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 need a online brokerage, eToro is our recommended 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 keep track of your new investment in Telesat, add TSAT to your watchlist by clicking the button below.

NASDAQ: TSAT
$9.31-0.15 (-1.59%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: TSAT
$9.31-0.15 (-1.59%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Telesat share?

As of Mar 27, 2024, it costs $9.31 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 0.43 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.

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.