NASDAQ:SATSEchostar Stock Price, Forecast & News

$29.30

-0.70 (-2.33 %)

(As of 04/5/2020 05:04 AM ET)

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Today's Range

$28.66

Now: $29.30▼

$30.39

50-Day Range

$26.72

MA: $34.27▼

$40.64

52-Week Range

$25.23

Now: $29.30▼

$45.15

Volume720,806 shs

Average Volume745,267 shs

Market Capitalization$2.87 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.83

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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Echostar has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $52.50, Echostar has a potential upside of 79.2% from its current price of $29.30.
Amount of Analyst Coverage
Echostar has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Echostar has received 285 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Echostar has received 335 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Echostar has received 54.03% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Echostar and other stocks. Vote “Outperform” if you believe SATS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SATS will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Echostar insiders have not sold or bought any company stock.
Percentage Held by Insiders
51.80% 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
47.22% of the stock of Echostar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Echostar are expected to grow by 28.89% in the coming year, from ($0.45) to ($0.58) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Echostar is -45.08, 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 -45.08, 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 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.90 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio & t.v. communications equipment

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:SATS

Previous Symbol

CUSIP27876810

CIK1415404

Webhttp://www.echostar.com/

Phone303-706-4000

Debt

Debt-to-Equity Ratio0.66

Current Ratio5.72

Quick Ratio5.72

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.89 billion

Price / Sales1.52

Cash Flow$4.91 per share

Price / Cash Flow5.97

Book Value$38.30 per share

Price / Book0.77

Profitability

EPS (Most Recent Fiscal Year)($1.06)

Net Income$-62,920,000.00

Net Margins-3.09%

Return on Equity-1.47%

Return on Assets-0.75%

Miscellaneous

Employees2,300

Outstanding Shares97,800,000

Market Cap$2.87 billion

Next Earnings Date5/13/2020 (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 7.9% and is now trading at $29.30. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Echostar?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echostar in the last year. There are currently 2 hold ratings 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 Wednesday, May 13th 2020. View our earnings forecast for Echostar.

How were Echostar's earnings last quarter?

Echostar Co. (NASDAQ:SATS) announced its quarterly earnings results on Thursday, February, 20th. The communications equipment provider reported ($0.55) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.51. The communications equipment provider had revenue of $499 million for the quarter, compared to analysts' expectations of $471.50 million. Echostar had a negative net margin of 3.09% and a negative return on equity of 1.47%. The firm's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 earnings per share. View Echostar's earnings history.

What price target have analysts set for SATS?

3 brokerages have issued 1-year target prices for Echostar's shares. Their forecasts range from $44.00 to $61.00. On average, they expect Echostar's stock price to reach $52.50 in the next year. This suggests a possible upside of 79.2% from the stock's current price. View analysts' price targets for Echostar.

Has Echostar been receiving favorable news coverage?

Headlines about SATS stock have been trending very negative recently, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Echostar earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutEchostar.

Are investors shorting Echostar?

Echostar saw a increase in short interest in March. As of March 13th, there was short interest totaling 3,536,200 shares, an increase of 16.3% from the February 27th total of 3,040,000 shares. Based on an average trading volume of 686,100 shares, the short-interest ratio is presently 5.2 days. Currently, 7.4% of the shares of the company are sold short. View Echostar's Current Options Chain.

Who are some of Echostar's key competitors?

Some companies that are related to Echostar include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Finisar (FNSR), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Harmonic (HLIT), Calix (CALX) and ADTRAN (ADTN).

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), NVIDIA (NVDA), Sarepta Therapeutics (SRPT), WellCare Health Plans (WCG), Netflix (NFLX), Axon Enterprise (AAXN), Denny's (DENN), Micron Technology (MU), Smart Global (SGH) and SINA (SINA).

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."

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 $29.30.

How big of a company is Echostar?

Echostar has a market capitalization of $2.87 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. View additional information about Echostar.

What is Echostar's official website?

The official website for Echostar is http://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 4/5/2020 by MarketBeat.com Staff

NASDAQ:SATSEchostar Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.3 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment