NASDAQ:SATS - Echostar Stock Price, Forecast & News

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

Echostar Co. (NASDAQ:SATS) issued its quarterly earnings results on Thursday, November, 7th. The communications equipment provider reported ($0.19) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.39) by $0.20. The communications equipment provider had revenue of $472.26 million for the quarter, compared to the consensus estimate of $470.15 million. Echostar had a negative net margin of 5.86% and a negative return on equity of 0.31%. Echostar's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS. View Echostar's Earnings History.

Echostar is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Echostar.

3 brokerages have issued twelve-month price targets for Echostar's shares. Their forecasts range from $44.00 to $61.00. On average, they expect Echostar's share price to reach $52.50 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View Analyst Price Targets for 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.

Media stories about SATS stock have been trending positive this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Echostar earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned headlines about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Echostar.

Echostar saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 2,500,000 shares, an increase of 8.2% from the November 28th total of 2,310,000 shares. Based on an average daily trading volume, of 404,400 shares, the short-interest ratio is currently 6.2 days. Currently, 5.3% of the shares of the company are sold short. View Echostar's Current Options Chain.

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), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR), Comtech Telecomm. (CMTL) and NetGear (NTGR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Echostar investors own include Village Farms International (VFF), Sarepta Therapeutics (SRPT), WellCare Health Plans (WCG), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), Axon Enterprise (AAXN), Denny's (DENN), Roku (ROKU) and Smart Global (SGH).

Echostar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include CenturyLink Investment Management Co (0.02%), Steward Partners Investment Advisory LLC (0.01%), Nisa Investment Advisors LLC (0.01%) and We Are One Seven LLC (0.00%). Company insiders that own Echostar stock include Anthony M Federico, David Rayner, Michael T Dugan, Pradman P Kaul and Tom A Ortolf. View Institutional Ownership Trends for Echostar.

SATS stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and CenturyLink Investment Management Co. Company insiders that have sold Echostar company stock in the last year include Michael T Dugan and Pradman P Kaul. View Insider Buying and Selling for Echostar.

SATS stock was purchased by a variety of institutional investors in the last quarter, including We Are One Seven LLC and Steward Partners Investment Advisory LLC. View Insider Buying and Selling for 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.

One share of SATS stock can currently be purchased for approximately $42.94.

Echostar has a market capitalization of $4.19 billion and generates $2.09 billion in revenue each year. The communications equipment provider earns $-40,470,000.00 in net income (profit) each year or $0.38 on an earnings per share basis. Echostar employs 2,200 workers across the globe.View Additional Information About Echostar.

The official website for Echostar is http://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.