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QQQ   385.05
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Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

EchoStar Stock Price, News & Analysis (NASDAQ:SATS)

$11.40
+0.37 (+3.35%)
(As of 12/6/2023 ET)
Compare
Today's Range
$11.12
▼
$11.66
50-Day Range
$9.68
▼
$16.94
52-Week Range
$9.53
▼
$24.80
Volume
1.69 million shs
Average Volume
437,539 shs
Market Capitalization
$956.54 million
P/E Ratio
10.27
Dividend Yield
N/A
Price Target
$27.00
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

EchoStar MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
136.8% Upside
$27.00 Price Target
Short Interest
Bearish
7.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.13mentions of EchoStar in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Computer And Technology Sector

208th out of 594 stocks

Communication Services, Not Elsewhere Classified Industry

3rd out of 7 stocks

See Top Rated MarketRank™ Stocks Here

SATS stock logo

About EchoStar Stock (NASDAQ:SATS)

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segment offers broadband network technologies, managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers. The segment also designs, provides, and installs gateway and terminal equipment to customers for other satellite systems, as well as offers satellite ground segment systems and terminals for other satellite systems, including mobile system operators. In addition, it designs, develops, constructs, and provides telecommunication networks comprising satellite ground segment systems and terminals to mobile system operators and enterprise customers. The ESS segment provides satellite services using its owned and leased to offer satellite services on a full-time and/or occasional-use basis to the U.S. government service providers, internet service providers, broadcast news organizations, content providers, and private enterprise customers. It serves customers in North America, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The company was incorporated in 2007 and is headquartered in Englewood, Colorado.

SATS Stock Price History

SATS Stock News Headlines

December 7, 2023 | americanbankingnews.com
EchoStar (NASDAQ:SATS) Earns Buy Rating from Analysts at StockNews.com
December 6, 2023 | msn.com
FCC grants approval for transfer of control of Dish Network to EchoStar
December 7, 2023 | Edge On The Street (Ad)
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November 30, 2023 | realmoney.thestreet.com
EchoStar price target lowered to $12 from $17 at Citi
November 29, 2023 | americanbankingnews.com
EchoStar (NASDAQ:SATS) Now Covered by StockNews.com
November 16, 2023 | finance.yahoo.com
Hughes JUPITER 3 Satellite Begins Over the Air Testing with the Ground System
November 15, 2023 | morningstar.com
Dish sees EchoStar's Akhavan assume CEO role
November 15, 2023 | finance.yahoo.com
Hughes Emerges as a Leader in 2023 Gartner® Magic Quadrant™ for Managed Network Services
December 7, 2023 | DTI Trader (Ad)
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November 13, 2023 | msn.com
EchoStar head joins Dish as CEO with merger on track for year-end
November 8, 2023 | msn.com
Locally-headquartered company has stock rocked by CEO departure, 'astonishingly bad' quarter
November 7, 2023 | finance.yahoo.com
EchoStar Corporation (NASDAQ:SATS) Q3 2023 Earnings Call Transcript
November 7, 2023 | finance.yahoo.com
Q3 2023 EchoStar Corp Earnings Call
November 7, 2023 | finance.yahoo.com
Q3 2023 DISH Network Corp Earnings Call
November 6, 2023 | uk.finance.yahoo.com
EchoStar Corporation (E20.F)
November 6, 2023 | markets.businessinsider.com
Dow Turns Lower; EchoStar Shares Plunge
November 6, 2023 | markets.businessinsider.com
EchoStar Q3 Net Income Declines; Revenue Down 17.0%
November 6, 2023 | finance.yahoo.com
EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2023
November 3, 2023 | benzinga.com
EchoStar's Earnings Outlook
November 3, 2023 | msn.com
EchoStar Q3 Earnings Preview
November 1, 2023 | finance.yahoo.com
EchoStar Corporation Announces Conference Call For Third Quarter 2023 Financial Results
November 1, 2023 | seekingalpha.com
EchoStar: Compressed Valuation Amidst Headwinds
October 27, 2023 | benzinga.com
ALERT: The M&A Class Action Firm Continues Investigating the Merger – SATS, SMMF, AMNB, JVA
October 24, 2023 | forbes.com
With Echostar Merger Approaching, What To Expect From Dish’s Q3 Results?
October 18, 2023 | benzinga.com
SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SMMF, AMTI, SATS, AMNB
October 17, 2023 | msn.com
Citigroup Maintains EchoStar Corp - (SATS) Neutral Recommendation
October 16, 2023 | msn.com
Citi revises price targets for Dish Network, EchoStar
See More Headlines
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Company Calendar

Last Earnings
11/06/2023
Today
12/06/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Communication services, not elsewhere classified
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:SATS
CUSIP
27876810
CIK
1415404
Web
www.echostar.com
Phone
(303) 706-4000
Fax
303-723-1999
Employees
2,300
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$27.00
High Stock Price Target
$37.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+136.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.11
Trailing P/E Ratio
10.27
Forward P/E Ratio
17.27
P/E Growth
N/A
Net Income
$177.05 million
Net Margins
5.14%
Pretax Margin
7.70%
Return on Equity
3.47%
Return on Assets
2.04%

Debt

Debt-to-Equity Ratio
0.41
Current Ratio
6.23
Quick Ratio
6.23

Sales & Book Value

Annual Sales
$1.81 billion
Price / Sales
0.53
Cash Flow
$7.76 per share
Price / Cash Flow
1.47
Book Value
$43.37 per share
Price / Book
0.26

Miscellaneous

Outstanding Shares
83,907,000
Free Float
34,318,000
Market Cap
$956.54 million
Optionable
Optionable
Beta
0.63

Social Links

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Key Executives

  • Mr. Charles William Ergen (Age 70)
    Executive Chairman of the Board
  • Mr. Hamid Akhavan-Malayeri (Age 62)
    Principal Financial Officer, CEO & President
    Comp: $1.53M
  • Mr. Dean A. Manson (Age 56)
    Chief Legal Officer & Secretary
    Comp: $1.1M
  • Mr. Paul Gaske (Age 69)
    Chief Operating Officer
  • Ms. Veronika Takacs (Age 41)
    Controller & Principal Accounting Officer
  • Mr. Adrian Morris (Age 68)
    Chief Technology Officer
  • Mr. Deepak V. Dutt (Age 78)
    Vice President of Investor Relations
  • Mr. Kenneth G. Carroll (Age 68)
    Executive Vice President of Corporate and Business Development
    Comp: $467.04k
  • Ms. Michelle Pearre (Age 54)
    Chief Human Resources Officer
  • Ms. Jennifer A. Manner
    Senior Vice President of Regulatory Affairs

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions














SATS Stock Analysis - Frequently Asked Questions

Should I buy or sell EchoStar stock right now?

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

What is EchoStar's stock price target for 2024?

2 Wall Street analysts have issued 12 month price targets for EchoStar's shares. Their SATS share price targets range from $17.00 to $37.00. On average, they predict the company's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 136.8% 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 2023?

EchoStar's stock was trading at $16.68 at the beginning of 2023. Since then, SATS shares have decreased by 31.7% and is now trading at $11.40.
View the best growth stocks for 2023 here.

Are investors shorting EchoStar?

EchoStar saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,680,000 shares, an increase of 27.6% from the October 31st total of 2,100,000 shares. Based on an average daily trading volume, of 648,500 shares, the days-to-cover ratio is currently 4.1 days. Currently, 7.9% of the company's shares are short sold.
View EchoStar's Short Interest.

When is EchoStar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our SATS earnings forecast.

How were EchoStar's earnings last quarter?

EchoStar Co. (NASDAQ:SATS) issued its earnings results on Monday, November, 6th. The communications equipment provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.32 by $0.17. The communications equipment provider had revenue of $413.07 million for the quarter, compared to analysts' expectations of $479 million. EchoStar had a trailing twelve-month return on equity of 3.47% and a net margin of 5.14%.

What ETFs hold EchoStar's stock?

ETFs with the largest weight of EchoStar (NASDAQ:SATS) stock in their portfolio include Procure Space ETF (UFO), Inspire Fidelis Multi Factor ETF (FDLS), Invesco Bloomberg MVP Multi-factor ETF (PWC), SPDR S&P Telecom ETF (XTL), Invesco Nasdaq Future Gen 200 ETF (QQQS) and Royce Quant Small-Cap Quality Value ETF (SQLV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

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 institutional and retail investors. Top institutional investors include Beryl Capital Management LLC (2.57%), Charles Schwab Investment Management Inc. (0.85%), Gabelli Funds LLC (0.83%), Thompson Siegel & Walmsley LLC (0.83%), Qube Research & Technologies Ltd (0.72%) and JPMorgan Chase & Co. (0.68%). Insiders that own company stock include Anders N Johnson 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/7/2023 by MarketBeat.com Staff

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