EchoStar (SATS) to Release Earnings on Friday

Key Points

• EchoStar is set to announce its Q2 2025 earnings on August 8th, with projected earnings of ($1.07) per share and revenue of $3.80 billion.
• The company's most recent results showed a negative net margin of 1.37% and a year-over-year revenue decrease of 3.6%.
• Citigroup has raised EchoStar's target price from $27.00 to $28.50, reflecting a "neutral" rating amidst mixed analyst outlooks.

EchoStar (NASDAQ:SATS - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of ($1.07) per share and revenue of $3.80 billion for the quarter.

EchoStar (NASDAQ:SATS - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The communications equipment provider reported ($1.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.07) by $0.01. EchoStar had a negative net margin of 1.37% and a negative return on equity of 1.08%. The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same period in the prior year, the firm posted ($0.76) earnings per share. The firm's quarterly revenue was down 5.8% compared to the same quarter last year. On average, analysts expect EchoStar to post $-2 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

EchoStar Stock Performance

NASDAQ SATS traded down $5.66 during mid-day trading on Friday, reaching $26.93. 8,409,238 shares of the stock were exchanged, compared to its average volume of 2,468,024. The business's 50 day moving average is $25.44 and its 200-day moving average is $25.50. EchoStar has a 1 year low of $14.79 and a 1 year high of $34.20. The company has a market capitalization of $7.74 billion, a P/E ratio of -35.91 and a beta of 0.90. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.19 and a current ratio of 1.26.

Institutional Investors Weigh In On EchoStar

A number of hedge funds have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of EchoStar by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 331,476 shares of the communications equipment provider's stock valued at $8,479,000 after buying an additional 24,749 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in EchoStar by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 72,482 shares of the communications equipment provider's stock worth $1,854,000 after purchasing an additional 3,199 shares during the last quarter. AQR Capital Management LLC increased its position in EchoStar by 6.0% during the first quarter. AQR Capital Management LLC now owns 26,805 shares of the communications equipment provider's stock worth $672,000 after purchasing an additional 1,511 shares during the last quarter. Finally, Strs Ohio acquired a new stake in EchoStar during the first quarter worth about $128,000. 33.62% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Citigroup upped their price objective on shares of EchoStar from $27.00 to $28.50 and gave the stock a "neutral" rating in a research report on Monday, June 23rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $24.70.

EchoStar Company Profile

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.