Should I buy or sell EchoStar stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EchoStar in the last twelve months. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SATS shares. View SATS analyst ratings or view top-rated stocks .

What is EchoStar's stock price target for 2024?

6 brokerages have issued twelve-month price objectives for EchoStar's stock. Their SATS share price targets range from $14.00 to $38.00. On average, they anticipate the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 65.7% from the stock's current price. View analysts price targets for SATS or view top-rated stocks among Wall Street analysts .

How have SATS shares performed in 2024?

EchoStar's stock was trading at $16.57 at the start of the year. Since then, SATS shares have decreased by 16.2% and is now trading at $13.88. View the best growth stocks for 2024 here .

When is EchoStar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our SATS earnings forecast .

How were EchoStar's earnings last quarter?

EchoStar Co. (NASDAQ:SATS) released its quarterly earnings results on Thursday, February, 29th. The communications equipment provider reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $1.19. The communications equipment provider earned $4.16 billion during the quarter. EchoStar had a negative net margin of 36.33% and a positive trailing twelve-month return on equity of 5.24%. The firm's revenue was up 732.2% compared to the same quarter last year. During the same period last year, the business earned $0.59 earnings per share.

What ETFs hold EchoStar's stock?

ETFs with the largest weight of EchoStar (NASDAQ:SATS) stock in their portfolio include Procure Space ETF (UFO) , Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) , Invesco S&P SmallCap 600 Revenue ETF (RWJ) , Invesco S&P SmallCap 600 Pure Value ETF (RZV) , Inspire Fidelis Multi Factor ETF (FDLS) , AltShares Event-Driven ET (EVNT) and Fidelity Disruptive Communications ETF (FDCF) . JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) .

What is Michael T. Dugan's approval rating as EchoStar's CEO?

177 employees have rated EchoStar Chief Executive Officer Michael T. Dugan on Glassdoor.com . Michael T. Dugan has an approval rating of 44% among the company's employees. This puts Michael T. Dugan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of EchoStar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EchoStar investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Micron Technology (MU) , Marvell Technology (MRVL) , Cisco Systems (CSCO) , Block (SQ) , Intel (INTC) , Corning (GLW) , QUALCOMM (QCOM) and Freeport-McMoRan (FCX) .

Who are EchoStar's major shareholders?

EchoStar's stock is owned by many different retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), Alaska Permanent Fund Corp (0.02%), Salem Investment Counselors Inc. (0.01%), Unison Advisors LLC (0.01%) and First Hawaiian Bank (0.01%). Insiders that own company stock include C Mike Schroeder, James Defranco and R Stanton Dodge. View institutional ownership trends .

How do I buy shares of EchoStar?

Shares of SATS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does EchoStar have any subsidiaries?

The following companies are subsidiares of EchoStar: EchoStar Corporation, EchoStar Mexico Holdings Corporation, EchoStar Mobile Limited, EchoStar Operating L.L.C., EchoStar Orbital L.L.C., EchoStar Real Estate Corporation IV, EchoStar Satellite Services L.L.C., EchoStar XXIV L.L.C., HNS Americas Comunicacoes, HNS Participacoes e Empreendimentos, Helios Wire, Hughes Communications Inc., Hughes Communications India Private Ltd, Hughes Network Systems LLC, Hughes Satellite Systems Corporation, Hughes Systique Corporation, Hughes Telecommunicacoes do Brasil, Move Networks, Satmex, Sawatch Limited, and Sling Media. Read More

NASDAQ:SATS

EchoStar (SATS) Stock Price, News & Analysis

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$13.88

-0.29 (-2.05%)

(As of 04/16/2024 ET)

Compare

Today's Range: $13.49
▼
$14.03
50-Day Range: $12.14
▼
$15.46
52-Week Range: $9.53
▼
$24.80

Volume: 1.19 million shs
Average Volume: 2.48 million shs
Market Capitalization: $3.77 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $23.00

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EchoStar MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 65.7% Upside
$23.00 Price Target
Short Interest: Bearish
5.75% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$2.40 M Bought Last Quarter
Proj. Earnings Growth: Decreasing
From ($1.28) to ($1.93) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.21 out of 5 stars

Computer And Technology Sector

397th out of 589 stocks

Communication Services, Not Elsewhere Classified Industry

6th out of 9 stocks

3.3

Analyst's Opinion

Consensus Rating
EchoStar has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
EchoStar has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.75% of the outstanding shares of EchoStar have been sold short.
Short Interest Ratio / Days to Cover
EchoStar has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in EchoStar has recently decreased by 0.13%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
EchoStar does not currently pay a dividend.
Dividend Growth
EchoStar does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SATS.

2.4

News and Social Media Coverage

News Sentiment
EchoStar has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for EchoStar this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for SATS on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.
MarketBeat Follows
15 people have added EchoStar to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EchoStar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,402,600.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
55.90% of the stock of EchoStar is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.62% of the stock of EchoStar is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for EchoStar are expected to decrease in the coming year, from ($1.28) to ($1.93) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EchoStar is -1.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of EchoStar is -1.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
EchoStar has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About EchoStar Stock (NASDAQ:SATS)

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names. The Retail Wireless segment provides prepaid and postpaid wireless services under the Boost Mobile, Boost postpaid, and Gen Mobile brands, as well various wireless devices. The Network Deployment segment deploys a facilities-based 5G broadband network and commercializes deployment of 5G VoNR. The Broadband and Satellite Services offers broadband services to consumer customers, which include home, and small to medium-sized businesses; and satellite and multi-transport technologies, and managed network services to telecommunications providers, aeronautical service providers, civilian and defense government entities, and other enterprise customers. EchoStar Corporation was incorporated in 2007 and is headquartered in Englewood, Colorado.

SATS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SATS Stock News Headlines

April 15, 2024 | seekingalpha.com

EchoStar: High Debt But Space-Based And Merger Opportunities

April 13, 2024 | americanbankingnews.com

EchoStar (NASDAQ:SATS) Research Coverage Started at StockNews.com

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April 10, 2024 | prnewswire.com

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April 8, 2024 | prnewswire.com

Hughes Awarded Production Contract by GA-ASI to Connect Gray Eagle UAS with Next Gen Satellite Communications

April 3, 2024 | markets.businessinsider.com

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April 2, 2024 | finance.yahoo.com

Hughes Enables Worldwide LEO Connectivity with Eutelsat OneWeb Approval of New ESA

April 2, 2024 | prnewswire.com

Rewards Opens to All Sling Freestream Users and Subscribers

April 1, 2024 | msn.com

Liberty Media to acquire the commercial rightsholder of MotoGP in a €4.2B deal

March 29, 2024 | finance.yahoo.com

Q4 2023 Telesat Corp Earnings Call

March 22, 2024 | morningstar.com

EchoStar Corp Class A SATS

March 18, 2024 | finance.yahoo.com

Using Banuba SDKs Gives Businesses an Advantage in the Case of TikTok Ban

March 18, 2024 | markets.businessinsider.com

EchoStar Gets Contract Extension From DoD For 5G Deployments

March 18, 2024 | finance.yahoo.com

DoD Extends Contract for ORAN-based Private 5G Networks through 2025

March 17, 2024 | 247wallst.com

Buffett Can't Get Enough of This Stock, Plus Other Insider Buying

March 16, 2024 | finance.yahoo.com

SATS Dec 2024 12.500 call

March 16, 2024 | finance.yahoo.com

SATS Dec 2025 2.500 put

March 15, 2024 | nasdaq.com

SATS Crosses Above Key Moving Average Level

March 15, 2024 | investorplace.com

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March 15, 2024 | finance.yahoo.com

Nilesat Selects Hughes JUPITER System to Deliver Satellite Broadband Connectivity in Egypt

March 15, 2024 | finance.yahoo.com

James DeFranco Bought 2.4% More Shares In EchoStar

March 14, 2024 | finance.yahoo.com

EchoStar Completes Nationwide Drive Test for Boost Wireless Network, Completing All 2023 FCC Commitments

March 14, 2024 | prnewswire.com

SLING TV Unveils New Auto Record Feature Ahead of March Madness

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communication services, not elsewhere classified
Sub-Industry: Communications Equipment
Current Symbol: NASDAQ:SATS
CUSIP: 27876810
CIK: 1415404
Web: www.echostar.com
Phone: (303) 706-4000
Fax: 303-723-1999
Employees: 15,300
Year Founded: 1980

Price Target and Rating

Average Stock Price Target: $23.00
High Stock Price Target: $38.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +66.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.96)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,702,060,000.00
Net Margins: -36.33%
Pretax Margin: -11.35%
Return on Equity: 5.24%
Return on Assets: 2.14%

Debt

Debt-to-Equity Ratio: 0.99
Current Ratio: 0.61
Quick Ratio: 0.53

Sales & Book Value

Annual Sales: $17.02 billion
Price / Sales: 0.22
Cash Flow: $7.02 per share
Price / Cash Flow: 1.97
Book Value: $73.48 per share
Price / Book: 0.19

Miscellaneous

Outstanding Shares: 271,520,000
Free Float: 119,740,000
Market Cap: $3.76 billion
Optionable: Optionable
Beta: 0.69

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Key Executives

Mr. Hamid Akhavan-Malayeri (Age 63)
CEO, President & Director
Comp: $1.88M
Mr. Dean A. Manson (Age 57)
Chief Legal Officer & Secretary
Comp: $1.11M
Mr. Paul Gaske (Age 69)
Chief Operating Officer of Hughes
Comp: $1.11M
Mr. Charles William Ergen (Age 71)
Co-Founder & Executive Chairman of the Board
Mr. John W. Swieringa (Age 46)
President of Technology & COO
Ms. Veronika Takacs (Age 42)
Controller & Principal Accounting Officer
Mr. Deepak V. Dutt (Age 79)
Vice President of Investor Relations
Mr. Kenneth G. Carroll (Age 69)
Executive Vice President of Corporate and Business Development
Comp: $467.04k
Mr. Paul W. Orban (Age 55)
Executive VP & CFO of Dish
Ms. Jennifer A. Manner
Senior Vice President of Regulatory Affairs

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SATS Stock Analysis - Frequently Asked Questions

Should I buy or sell EchoStar stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EchoStar in the last twelve months. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SATS shares.
View SATS analyst ratings or view top-rated stocks.
What is EchoStar's stock price target for 2024?: 6 brokerages have issued twelve-month price objectives for EchoStar's stock. Their SATS share price targets range from $14.00 to $38.00. On average, they anticipate the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 65.7% from the stock's current price.
View analysts price targets for SATS or view top-rated stocks among Wall Street analysts.
How have SATS shares performed in 2024?: EchoStar's stock was trading at $16.57 at the start of the year. Since then, SATS shares have decreased by 16.2% and is now trading at $13.88.
View the best growth stocks for 2024 here.
When is EchoStar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our SATS earnings forecast.
How were EchoStar's earnings last quarter?: EchoStar Co. (NASDAQ:SATS) released its quarterly earnings results on Thursday, February, 29th. The communications equipment provider reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $1.19. The communications equipment provider earned $4.16 billion during the quarter. EchoStar had a negative net margin of 36.33% and a positive trailing twelve-month return on equity of 5.24%. The firm's revenue was up 732.2% compared to the same quarter last year. During the same period last year, the business earned $0.59 earnings per share.
What ETFs hold EchoStar's stock?: ETFs with the largest weight of EchoStar (NASDAQ:SATS) stock in their portfolio include Procure Space ETF (UFO), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Inspire Fidelis Multi Factor ETF (FDLS), AltShares Event-Driven ET (EVNT) and Fidelity Disruptive Communications ETF (FDCF).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).

What is Michael T. Dugan's approval rating as EchoStar's CEO?: 177 employees have rated EchoStar Chief Executive Officer Michael T. Dugan on Glassdoor.com. Michael T. Dugan has an approval rating of 44% among the company's employees. This puts Michael T. Dugan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of EchoStar own?: Based on aggregate information from My MarketBeat watchlists, some companies that other EchoStar investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Marvell Technology (MRVL), Cisco Systems (CSCO), Block (SQ), Intel (INTC), Corning (GLW), QUALCOMM (QCOM) and Freeport-McMoRan (FCX).
Who are EchoStar's major shareholders?: EchoStar's stock is owned by many different retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), Alaska Permanent Fund Corp (0.02%), Salem Investment Counselors Inc. (0.01%), Unison Advisors LLC (0.01%) and First Hawaiian Bank (0.01%). Insiders that own company stock include C Mike Schroeder, James Defranco and R Stanton Dodge.
View institutional ownership trends.
How do I buy shares of EchoStar?: Shares of SATS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does EchoStar have any subsidiaries?: The following companies are subsidiares of EchoStar: EchoStar Corporation, EchoStar Mexico Holdings Corporation, EchoStar Mobile Limited, EchoStar Operating L.L.C., EchoStar Orbital L.L.C., EchoStar Real Estate Corporation IV, EchoStar Satellite Services L.L.C., EchoStar XXIV L.L.C., HNS Americas Comunicacoes, HNS Participacoes e Empreendimentos, Helios Wire, Hughes Communications Inc., Hughes Communications India Private Ltd, Hughes Network Systems LLC, Hughes Satellite Systems Corporation, Hughes Systique Corporation, Hughes Telecommunicacoes do Brasil, Move Networks, Satmex, Sawatch Limited, and Sling Media.
Read More

This page (NASDAQ:SATS) was last updated on 4/16/2024 by MarketBeat.com Staff

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