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 $16.95, down 2.05% from the previous day, and has increased 137.66% in one year. It has overperformed other stocks in the Communication Equipment industry by 1.49 percentage points. Telesat stock is currently +141.73% from its 52-week low of $7.01, and -33.23% from its 52-week high of $25.38.
There are currently 14.19M shares of TSAT outstanding. The market value of TSAT is $240.50M. In the past 24 hours, 59,006 TSAT shares were traded.
How to Buy Telesat Stock
Not sure how to invest in Telesat stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your payment method and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 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
- 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.
- Input your personal details to start a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best stock app, you need to deposit funds:
Watch the walkthrough below for more details depositing money into your new investment account.
Step 4: Analyze Telesat stock
Once you have identified the best place to buy Telesat stock, it's very important to research their stock prior to investing, so you actually understand the risk and opportunity.
Telesat shares data
Telesat Fundamentals
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on TSAT's stock page.
Is TSAT stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TSAT's fair value.
Using relative valuations ratios:
- TSAT may be undervalued based on its P/B ratio of 0.49x, relative to Communication Equipment industry P/B ratio of 3.14x
You can do more valuation analysis on TSAT's stock here.
A quick look at TSAT Financials
Pros:
- TSAT has $383.77M in cash and short term investments. This is sufficient to cover its annual cash burn of $682.78M.
- There are more short-term assets than short-term liabilities on the TSAT balance sheet.
Cons:
- Total TSAT debt is higher than 5 years ago, relative to shareholder equity.
- TSAT profit margin has gone down from 22.3% to -15.4% in the past year.
- TSAT has cash burn of 682782638. It does not have sufficient cash and short-term investments to cover this.
- TSAT has a relatively high debt to equity ratio of 6.26.
- There are more long-term liabilities than short-term assets on the TSAT balance sheet.
Metrics for Advanced TSAT Traders
TSAT Revenue
Last year, TSAT revenue was $396.56M. In the last five year, TSAT's revenue has increased by -10.62% per year. This was slower than the Communication Equipment industry average of 4.45%.
Dive into TSAT's earnings and revenue performance here.
What are TSAT insiders up to?
Over the past 12 months, insiders at TSAT have not bought or sold any shares.
Get more info about who owns TSAT stock here.
Can I rely on TSAT as an income stream?
No, Telesat doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your TSAT trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - 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 a particular price, place a limit order.
Click the Open Trade button and your broker will place the order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Track your TSAT investment
Now that you own some TSAT stock, you'll want to keep up with your new stock purchase.
Put TSAT on a watchlist to track your TSAT stock.
TSAT Feed
How to Buy Stock in Telesat
To summarize, here are the 6 steps you need to take to buy Telesat stock right now:
- Choose where to buy Telesat stock
- Create a brokerage account
- Put funds into your investment account
- Analyze Telesat stock
- Place your TSAT trade
- Track your TSAT investment
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Telesat, create a watchlist on WallStreetZen today.
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