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NASDAQ:SATSEchostar Stock Price, Forecast & News

$29.85
+0.41 (+1.39 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$28.80
Now: $29.85
$29.97
50-Day Range
$27.09
MA: $30.30
$32.86
52-Week Range
$25.23
Now: $29.85
$45.15
Volume211,047 shs
Average Volume378,095 shs
Market Capitalization$2.92 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.7
EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services for home and small office customers, satellite operations, and satellite services worldwide. It operates in two segments, Hughes and EchoStar Satellite Services. The Hughes segments offers broadband satellite technologies and Internet services for home and small office customers; and broadband network technologies, managed services, equipment, hardware, satellite services, and communication solutions for aeronautical, enterprise, and government customers, as well as consumers. This segment also designs, provides, and installs gateways and terminal equipment for other satellite systems; and provides satellite ground segment systems and terminals to mobile system operators and enterprise customers. The EchoStar Satellite Services segment provides satellite operations and services using its owned and leased in-orbits satellites to corporates, the United States government service providers, Internet service providers, broadcast news organizations, content providers, and private enterprise customers. This segment also provides telemetry, tracking, and control services for satellites, as well as technical consulting services. EchoStar Corporation was founded in 2007 and is headquartered in Englewood, Colorado.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.81 out of 5 stars


Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:SATS
CUSIP27876810
Phone303-706-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.89 billion
Cash Flow$5.03 per share
Book Value$36.84 per share

Profitability

Net Income$-62,920,000.00

Miscellaneous

Employees2,300
Market Cap$2.92 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Echostar (NASDAQ:SATS) Frequently Asked Questions

How has Echostar's stock been impacted by COVID-19 (Coronavirus)?

Echostar's stock was trading at $31.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SATS stock has decreased by 6.1% and is now trading at $29.85. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Echostar?

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, resulting in a consensus recommendation of "Buy." View analyst ratings for Echostar.

When is Echostar's next earnings date?

Echostar is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Echostar.

How were Echostar's earnings last quarter?

Echostar Co. (NASDAQ:SATS) released its quarterly earnings results on Thursday, May, 7th. The communications equipment provider reported ($0.56) EPS for the quarter, missing the Zacks' consensus estimate of ($0.25) by $0.31. The communications equipment provider had revenue of $465.70 million for the quarter, compared to analysts' expectations of $457.70 million. Echostar had a negative net margin of 6.83% and a negative return on equity of 3.41%. The firm's revenue for the quarter was down 12.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 earnings per share. View Echostar's earnings history.

What price target have analysts set for SATS?

2 brokerages have issued 1 year price objectives for Echostar's stock. Their forecasts range from $36.00 to $54.00. On average, they anticipate Echostar's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price. View analysts' price targets for Echostar.

Has Echostar been receiving favorable news coverage?

News headlines about SATS stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Echostar earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave news headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutEchostar.

Are investors shorting Echostar?

Echostar saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,280,000 shares, a drop of 24.8% from the April 30th total of 3,030,000 shares. Based on an average trading volume of 573,700 shares, the days-to-cover ratio is currently 4.0 days. Approximately 4.8% of the shares of the stock are short sold. View Echostar's Current Options Chain.

Who are some of Echostar's key competitors?

What other stocks do shareholders of Echostar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Echostar investors own include Village Farms International (VFF), Netflix (NFLX), NVIDIA (NVDA), IBM (IBM), Sarepta Therapeutics (SRPT), Verizon Communications (VZ), WellCare Health Plans (WCG), Abbott Laboratories (ABT), Autodesk (ADSK) and Applied Materials (AMAT).

Who are Echostar's key executives?

Echostar's management team includes the following people:
  • Mr. Charles W. Ergen, Exec. Chairman (Age 66)
  • Mr. Michael T. Dugan, CEO, Pres & Director (Age 70)
  • Mr. David J. Rayner, Exec. VP, CFO, COO & Treasurer (Age 62)
  • Mr. Dean A. Manson, Exec. VP, Gen. Counsel & Sec. (Age 52)
  • Mr. Anders N. Johnson, Chief Strategy Officer & Pres of EchoStar Satellite Services L.L.C. (Age 62)

What is Echostar's stock symbol?

Echostar trades on the NASDAQ under the ticker symbol "SATS."

Who are Echostar's major shareholders?

Echostar's stock is owned by many different retail and institutional investors. Top institutional investors include EdgePoint Investment Group Inc. (5.76%), BlackRock Inc. (2.28%), CDAM UK Ltd (1.59%), Park West Asset Management LLC (1.45%), State Street Corp (0.91%) and Gabelli Funds LLC (0.77%). Company insiders that own Echostar stock include Anthony M Federico, C Mike Schroeder, Michael T Dugan and Pradman P Kaul. View institutional ownership trends for Echostar.

Which major investors are selling Echostar stock?

SATS stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Virginia National Bank, Gamco Investors INC. ET AL, Two Sigma Advisers LP, KBC Group NV, BNP Paribas Arbitrage SA, WINTON GROUP Ltd, and Invesco Ltd.. Company insiders that have sold Echostar company stock in the last year include C Mike Schroeder, Michael T Dugan, and Pradman P Kaul. View insider buying and selling activity for Echostar.

Which major investors are buying Echostar stock?

SATS stock was bought by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, State Street Corp, Deutsche Bank AG, AQR Capital Management LLC, Thrivent Financial for Lutherans, Legal & General Group Plc, Chicago Equity Partners LLC, and Raymond James & Associates. View insider buying and selling activity for Echostar.

How do I buy shares of Echostar?

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

What is Echostar's stock price today?

One share of SATS stock can currently be purchased for approximately $29.85.

How big of a company is Echostar?

Echostar has a market capitalization of $2.92 billion and generates $1.89 billion in revenue each year. The communications equipment provider earns $-62,920,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. Echostar employs 2,300 workers across the globe.

What is Echostar's official website?

The official website for Echostar is www.echostar.com.

How can I contact Echostar?

Echostar's mailing address is 100 INVERNESS TERRACE EAST, ENGLEWOOD CO, 80112. The communications equipment provider can be reached via phone at 303-706-4000.

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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