NASDAQ:SATSEchostar Stock Price, Forecast & News

Echostar's stock was trading at $31.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SATS stock has decreased by 16.8% and is now trading at $26.46. View which stocks have been most impacted by Coronavirus.

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.

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

Echostar Co. (NASDAQ:SATS) posted its quarterly earnings data on Thursday, May, 7th. The communications equipment provider reported ($0.56) earnings per share 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 return on equity of 3.41% and a negative net margin of 6.83%. The firm's revenue for the quarter was down 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.15 earnings per share. View Echostar's earnings history.

2 Wall Street analysts have issued 12 month price targets 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 year. This suggests a possible upside of 70.1% from the stock's current price. View analysts' price targets for Echostar.

Media stories about SATS stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Echostar earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news about Echostar.

Some companies that are related to Echostar include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT), Ribbon Communications (RBBN) and ADTRAN (ADTN). View all competitors.

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).

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

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.

One share of SATS stock can currently be purchased for approximately $26.46.

Echostar has a market capitalization of $2.59 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.

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

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.