SESG.PA - SES S.A.

Paris - Paris Delayed Price. Currency in EUR
7.40
+0.10 (+1.42%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close7.30
Open7.36
Bid0.00 x 0
Ask0.00 x 0
Day's Range7.25 - 7.48
52 Week Range4.87 - 18.11
Volume1,287,992
Avg. Volume1,655,226
Market Cap4.259B
Beta (5Y Monthly)0.23
PE Ratio (TTM)13.81
EPS (TTM)0.54
Earnings DateFeb 18, 2019 - Feb 22, 2019
Forward Dividend & Yield0.40 (5.48%)
Ex-Dividend DateApr 21, 2020
1y Target Est20.34
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Bloomberg

      FCC Chief Takes On the Pentagon...and DOT, and NOAA, and Energy

      (Bloomberg) -- In his quest to expand U.S. mobile broadband capacity, Federal Communications Commission Chairman Ajit Pai hasn’t been afraid to anger colleagues in government.He’s taken on the Pentagon, the National Oceanic and Atmospheric Administration as well as the departments of Transportation and Energy. Those agencies have warned that his plans to reallocate spectrum could endanger national security, harm weather forecasts, loosen control of the electrical grid and degrade vehicle safety.So far, Pai has prevailed.“Pai is willing to get himself on the hot seat,” said Doug Brake, telecom policy director for the Information Technology and Innovation Foundation, a Washington-based policy group that works to accelerate innovation.The fights are worth billions of dollars as industries jockey for rights to airwaves, riding a boom in usage for such things as online shopping, streaming television and social media. Appetite for gadgets and the airwaves on which to run them is only growing: the U.S. will have 1.2 billion mobile connected devices by 2023, up from 560 million in 2018, according to a forecast by Cisco Systems Inc.Pai’s independence may be tested in coming months as President Donald Trump has ordered the FCC to draw up regulations to keep social media companies such as Twitter Inc. from censoring political speech.“This debate is an important one,” Pai said in a statement. “The Federal Communications Commission will carefully review any petition for rulemaking filed by the Department of Commerce.”Pai, whose office didn’t reply to requests for comment, has an insiders’ profile that doesn’t suggest a penchant for inter-agency skirmishing. He is a former FCC commissioner, agency staff lawyer and U.S. Senate aide, and before that an attorney for Verizon Communications Inc. President Donald Trump elevated him three years ago to chairman of the commission, which was created in 1934 to keep radio signals straight and now doing the same with wireless broadband.Pai, 47, presents a whimsical public face for an agency steeped in arcane technical policy making. He spices his remarks with pop-culture references, citing the TV sitcom “The Office” and the film “The Big Lebowski.” His Twitter feed branches from telecom policy into philosophy, architecture and sports teams from Kansas City, not far from his childhood home in Parsons, Kansas.As chairman, he has made priorities of pruning regulations and pushing for more mobile broadband to feed the nation’s insatiable appetite. With backing from the agency’s Republican majority, he’s compiled a series of victories for the wireless industry -- and at times setbacks for older uses of airwaves.NOAA, for example, said the FCC’s push to reallocate some spectrum would set back satellite-assisted weather forecasting decades. The Transportation Department warned about road safety when a patch of airwaves set aside for driverless cars was reassigned. The Energy Department opposed taking spectrum used by the power companies.Perhaps most memorably, the Defense Department raised alarms about the FCC’s April 20 approval of a mobile broadband network, saying the service will interfere with military and civilian GPS.Wins and losses are closely linked in airwaves policy because of the nature of spectrum -- the invisible electromagnetic waves that carry communications. Each slice of airwaves can carry one use; a second use on the same frequencies threatens interference, just as a shouted conversation in a room can drown out a quiet chat.To avoid conflicts, regulators including the FCC put different services on separate airwaves. Antennas listen for the chatter on their assigned channels, and don’t pick up signals at higher and lower frequencies, which in turn are left to other users.Assignments, including some set decades ago, have come under question as the mobile broadband revolution deepens, bringing fresh demand for airwaves to handle booming wireless traffic. Old services are being forced to move to different airwaves or share their frequencies with new arrivals.Pai’s FCC has worked to set up frequencies for more Wi-Fi and the high-speed gadgetry that will combine to form the 5G revolution of fast, ubiquitous wireless connections -- a priority for the White House and big tech and telephone companies. The changeover promises such wonders as remote surgery, autonomous cars, rich virtual reality video feeds, and factories humming with connected equipment.Pai takes credit for rearranging a dozen swaths of spectrum. The amount of airwaves affected is more those used by all U.S. mobile broadband providers, Pai said in a video posted on the agency website last year.Friction is inevitable as broadband and other wireless technologies vie for space in the crowded tableau of airwaves swaths, known as bands.“Finding new bands or new opportunities to reallocate for new purposes is more difficult than ever before,” said FCC Commissioner Michael O’Rielly, a Republican. “There’s no greenfields to pick from. And so finding new spectrum for a new purpose means reallocating someone who already exists there.”To others, the FCC’s airwaves fights show lax management by the Trump administration, leaving cabinet officers to push their own airwaves priorities.“This is a result of running the administration as if it were an episode of ‘The Apprentice,’” said Harold Feld, senior vice president with the policy group Public Knowledge. “The federal agencies have just stopped cooperating.”Space Force Commander General John Raymond said in a May 6 congressional hearing that Ligado Networks LLC’s plans for a mobile broadband network would interfere with GPS receivers, which rely on faint signals from satellites, and harm training.The FCC shot back that it wouldn’t be moved by “baseless fear mongering.”In a May 26 letter to Representative Adam Smith, chairman of the Armed Services Committee, Pai defended the Ligado decision, saying it “included strict conditions to ensure that GPS operations continue to be protected from harmful interference.”In a teleconference with lawmakers on May 19, Pai said “America needs to lead in 5G and that requires us to think creatively about a variety of different spectrum bands.”Changes keep coming. The FCC in April voted to allow Wi-Fi on the 6 gigahertz airwaves, despite an expression of concern from the Energy Department. Utilities said the change risks interference to electric, water, and gas transmission and distribution systems. Chipmaker Broadcom Inc. called the action “momentous” and “a definitive moment in U.S. wireless history.”Airwaves AuctionMobile providers will get more opportunities in an auction slated to begin in July. Another, potentially larger airwaves sale is to begin Dec. 8 as the FCC offers a wide swath of prime airwaves now used by satellite providers such as Intelsat SA and SES SA. The satellite providers will move aside, keeping enough frequencies to serve current customers; new users will offer mobile broadband.Bidders may include largest U.S. providers Verizon, AT&T Inc. and T-Mobile US Inc., who all snapped up airwaves in earlier FCC auctions.“It isn’t easy to get the government to move quickly on anything,” Meredith Attwell Baker, president of CTIA, a wireless industry trade group with members including AT&T and Verizon, said in an email. Pai “deserves tremendous credit for making sure wireless providers have the spectrum they need to meet our nation’s 5G ambitions.”Not easy, and not without turmoil. The debate with NOAA concerned power levels for an airwaves swath that Verizon won in an FCC auction. The disagreement persisted for much of 2019 before agencies, working with the State Department, arrived at a unified position. The result was a lower power level than the FCC wanted, and more than NOAA preferred.Bipartisan leaders of both the House Science Committee and the Commerce Committee have asked the Government Accountability Office to probe how the NTIA and other federal agencies interact to resolve spectrum disputes.“‪Under the Trump administration, spectrum coordination efforts have repeatedly failed,” Democratic Representative Frank Pallone, of New Jersey, the Commerce Committee chairman, said in an email.Representative Greg Walden, of Oregon, the Commerce Committee’s top Republican, in an email said that “not everyone will be satisfied all of the time” as spectrum allocations are made.Others see confusion.“In this administration, instead of having everyone pull in the same direction, we have disputes that are pulling us apart,” said Commissioner Jessica Rosenworcel, the agency’s senior Democrat.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Bloomberg

      Intelsat Joins SES in Committing to C-Band Auction of Airwaves

      (Bloomberg) -- Intelsat SA said it filed a commitment with the Federal Communications Commission to give up airwaves that are to be auctioned for use by mobile broadband, preserving its positioning for a payout from the sale.The action follows a similar commitment earlier Tuesday by fellow satellite communications provider SES SA, the other major holder of rights to the so-called C-band airwaves that are to be sold as the FCC pushes for more frequencies for fast 5G networks.The satellite companies will retain some airwaves to serve current customers. The companies are in line for a share of as much as $9.7 billion for leaving airwaves coveted by wireless providers. The FCC set a May 29 deadline for providers to say whether they will participate.Stephen Spengler, chief executive officer of Intelsat, said in an emailed news release that the company was “committed to advancing – at an accelerated pace – America’s position in the race to 5G.”“We understand what’s required to successfully and quickly transition current users, while maintaining high-quality, uninterrupted broadcast to more than 100 million American homes and businesses,” Spengler added.Bidders at the auction that’s to begin Dec. 8 are expected to include large mobile broadband providers such as AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc.Intelsat, weighed down by almost $15 billion of debt, filed for bankruptcy protection May 14 as part of efforts to raise cash needed to prepare its spectrum for the auction.The FCC’s plan would provide $9.7 billion in compensation to satellite providers if they hit deadlines for leaving the airwaves quickly. Separately, the companies could share in another $3.3 billion to $5.2 billion to reimburse them for costs of making the switch.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • SES Elects to Accelerate Clearing of C-Band Spectrum in Support of FCC’s 5G Plan for the US
      Business Wire

      SES Elects to Accelerate Clearing of C-Band Spectrum in Support of FCC’s 5G Plan for the US

      SES, the leader in global content connectivity solutions, elects today to clear a portion of the C-band spectrum in the United States in accordance with the accelerated timeline detailed in the U.S. Federal Communications Commission (FCC) Order published in the Federal Register on 23 April 2020. SES will file the election later today, ahead of the 29 May FCC deadline.

    • Bloomberg

      Intelsat Files for Chapter 11 Before 5G Spectrum Sales

      (Bloomberg) -- Intelsat SA, the satellite company weighed down by almost $15 billion of debt, filed for bankruptcy protection as part of efforts to raise cash needed to prepare its spectrum for a U.S. government auction.With its Chapter 11 filing in Virginia, the Luxembourg-based company said it lined up $1 billion in financing to fund operations during bankruptcy proceedings and make investments required ahead of the auction.Under rules set by the Federal Communications Commission, Intelsat may collect $4.86 billion for quickly giving up the so-called C-band spectrum so the airwaves can be used by mobile phone companies to provide 5G services. The satellite company uses the spectrum to beam TV and radio programs to stations, but can give up part of it while still serving customers on frequencies it retains.“We intend to move forward with the accelerated clearing of C-band spectrum in the United States and to achieve a comprehensive solution that would result in a stronger balance sheet,” Stephen Spengler, Intelsat CEO, said in the statement.Intelsat had pushed for a bigger payout, but ran into political and regulatory opposition. Among the most strident critics was Senator John Kennedy, a Louisiana Republican, who said foreign operators such as Intelsat shouldn’t reap a windfall for selling U.S. airwaves. Payments to satellite operators should be limited to $1 billion, he said.The rest would go to the U.S. Treasury. In January, the FCC signaled that it would limit payments to Intelsat and the other major holder of the airwaves, SES SA. The next month, David Tepper’s hedge-fund firm Appaloosa Management reported an activist stake and called for Intelsat to reject the commission’s plan.Intelsat had until May 29 to tell the FCC whether it would accept the payments and quickly clear the airwaves. Filing for bankruptcy gives Intelsat the chance to ask a judge to put any dispute with the FCC on hold, according to Bloomberg Intelligence analyst Negisa Balluku.Under U.S. bankruptcy rules, legal fights are typically halted until the company has a chance to reorganize. One exception involves court battles with state and federal regulators acting in the public interest.In April, Intelsat skipped an interest payment and began talking to investors, including existing stakeholders, about financing options. The company needs to spend around $1.6 billion to clear the C-band spectrum, of which $1.2 billion will come due by next year, according to Chapter 11 filings. It had about $800 million of cash at Dec. 31.The case is Intelsat S.A., 20-32299, U.S. Bankruptcy Court, Eastern District of Virginia (Richmond).(Updates with debt amount in first paragraph and spending on C-band clearance in last paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • SES: First Quarter 2020 Results
      Business Wire

      SES: First Quarter 2020 Results

      SES S.A. announced solid financial results for the first three months ended 31 March 2020 with performance in line with the company’s expectations and strong underlying revenue growth in SES Networks. The business has seen limited impact to date from the COVID-19 global pandemic but given the unprecedented impact on the global economy and on certain industry segments that the company serves, SES has proactively implemented a series of measures to mitigate the headwinds to be faced in 2020.

    • SES Delivers Over 8,300 TV Channels to 367 Million Homes Worldwide
      Business Wire

      SES Delivers Over 8,300 TV Channels to 367 Million Homes Worldwide

      SES announced today that the number of global TV households it reaches directly or indirectly via satellite has increased by 12 million to 367 million in 2019. Findings from the company’s annual Satellite Monitor market research validates, once again, SES’s position as the world’s leading video content distributor via satellite and shows the important role that satellite continues to play in reaching the largest possible audience globally.

    • Expanded Partnership with SES to Give Princess Cruises First Access to Ground-Breaking O3b mPOWER Satellite-Based Communications System
      Business Wire

      Expanded Partnership with SES to Give Princess Cruises First Access to Ground-Breaking O3b mPOWER Satellite-Based Communications System

      Princess Cruises, a leading brand of the Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced a new dimension in its connectivity partnership with SES (PAR/LuxSE: SESG) and will become the first global cruise ship fleet with early access to SES’s ground-breaking O3b mPOWER network augmenting the Princess MedallionClass™ experience as it scales across the fleet.

    • Orange and SES Team up on O3b mPOWER Communications System and Open a New Era for Satellite Connectivity Innovation
      Business Wire

      Orange and SES Team up on O3b mPOWER Communications System and Open a New Era for Satellite Connectivity Innovation

      Orange, one of the world’s leading multi-service telecommunications operators and present in 18 countries in Africa, will be the first telco to adopt the ground-breaking O3b mPOWER, SES’s next-generation Medium Earth Orbit (MEO) satellite communications system, to exponentially ramp up its consumer and business services, starting in the Central African Republic.

    • SES Responds to Intelsat’s Ex-parte Submission to the FCC Regarding the C-Band Spectrum Clearing Process
      Business Wire

      SES Responds to Intelsat’s Ex-parte Submission to the FCC Regarding the C-Band Spectrum Clearing Process

      SES S.A. today notes the comments made by Intelsat in its ex-parte submission to the U.S. Federal Communication Commission (FCC) dated 19 February 2020.

    • SES Names Sandeep Jalan as New Chief Financial Officer
      Business Wire

      SES Names Sandeep Jalan as New Chief Financial Officer

      SES, the leader in global content connectivity solutions, today announced the Board of Directors has appointed Sandeep Jalan as Chief Financial Officer (CFO) of SES. He will assume the position from 6 May 2020.

    • Thomson Reuters StreetEvents

      Edited Transcript of SESG.PA earnings conference call or presentation 2-Mar-20 8:30am GMT

      Full Year 2019 SES SA Earnings Call

    • SES and Telesat Applaud FCC’s Final C-band Report and Order
      Business Wire

      SES and Telesat Applaud FCC’s Final C-band Report and Order

      SES and Telesat, as founding members of the C-Band Alliance, again thank Chairman Ajit Pai and the Commission for their leadership and enormous efforts leading up to release of the final C-band Report and Order.

    • SES Announces Next Phase of Strategic Transformation
      Business Wire

      SES Announces Next Phase of Strategic Transformation

      SES is launching a comprehensive programme to position itself for future growth and deliver maximum value to current and future customers and stakeholders.

    • GlobeNewswire

      SES and Telesat Respond to FCC Adoption of C-band Report and Order

      SES, S.A. and Telesat, as founding members of the C Band Alliance, today congratulate Chairman Ajit Pai and the Commission on the adoption of the C-band Report and Order. SES and Telesat look forward to reviewing the Commission’s order in detail and working with the FCC and all stakeholders to accomplish an efficient and expeditious transition of the C-band while protecting critical satellite services. SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world.

    • Hughes JUPITER System to Power Ground Network for SES-17 Satellite, Integrated with Flexible Satellite Design
      PR Newswire

      Hughes JUPITER System to Power Ground Network for SES-17 Satellite, Integrated with Flexible Satellite Design

      Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced that SES (Euronext Paris and Luxembourg Stock Exchange: SESG) will employ the Hughes JUPITER™ System to enable services on its SES-17 satellite, which is being built by Thales Alenia Space and expected to launch in 2021. The agreement calls for Hughes to supply its next-generation ground network system, including data centers and hub equipment, which will operate over SES-17, a satellite with a highly flexible payload optimized for aviation connectivity and other high-powered data services across the Americas, the Caribbean, and the Atlantic Ocean.

    • Reuters

      UPDATE 1-Growth plays pull European shares to new 4-year high

      Growth-dependent cyclical stocks drove European shares to a four-year high on Tuesday as a temporary reprieve for China's Huawei from U.S. sanctions encouraged bets that the world's largest economies could reach a trade truce. Most sectors in the benchmark European index rose, with media stocks one outlier due to a 19.7% slide for Luxemburg-based satellite provider SES after Federal Communications Commission chairman Ajit Pai said he backed a public rather than private auction of spectrum for next-generation 5G wireless networks.

    • Thomson Reuters StreetEvents

      Edited Transcript of SESG.PA earnings conference call or presentation 26-Jul-19 7:30am GMT

      Half Year 2019 SES SA Earnings Call