LORL

Loral Space & Communications Inc

TMT


Presented:12/19/2018
Price:$39.08
Cap:$1.21B
Current Price:$41.52
Cap:$1.28B

Presented

Date12/19/2018
Price$39.08
Market Cap$1.21B
Ent Value$1.16B
P/E Ratio13.27x
Book Value$10.40
Div Yield0%
Shares O/S30.93M
Ave Daily Vol58,355
Short Int1.81%

Current

Price$41.52
Market Cap$1.28B
Loral Space & Communications, Inc. engages in the provision of satellite-based communication services. It offers video distribution and direct-to-home video, as well as end-to-end communications services using both satellite, and hybrid satellite-ground networks. The company was founded in 1948 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: DISH Network Corp (DISH), EchoStar Corp (SATS), Loral Space & Communications Inc (LORL), Telesat Canada (private with public debt)

Highlights

The presenter is long shares of Loral Space & Communications Inc (LORL), a satellite company consisting of itself and Telesat Canada. Like SATS, LORL took a big hit for technical reasons (down ~16% since November), and the presenter described it as a “very interesting option-like position at a very fair price.” The stock is intriguing due to its valuation (trading at 6.2x 2019 EBITDA estimates), catalysts, and optionality.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.