NASDAQ:SATS EchoStar - SATS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding EchoStar Co. Please log in to your account or sign up in order to add this asset to your watchlist. $18.55 +0.37 (+2.04%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$18.20▼$19.0050-Day Range$16.50▼$20.3652-Week Range$15.26▼$25.64Volume206,946 shsAverage Volume255,112 shsMarket Capitalization$1.54 billionP/E Ratio8.92Dividend YieldN/APrice Target$26.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EchoStar MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside42.9% Upside$26.50 Price TargetShort InterestBearish10.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth22.95%From $0.61 to $0.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.31 out of 5 starsComputer And Technology Sector270th out of 604 stocksCommunication Services, Not Elsewhere Classified Industry3rd out of 10 stocks 3.3 Analyst's Opinion Consensus RatingEchoStar has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.50, EchoStar has a forecasted upside of 42.9% from its current price of $18.55.Amount of Analyst CoverageEchoStar has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.85% of the float of EchoStar has been sold short.Short Interest Ratio / Days to CoverEchoStar has a short interest ratio ("days to cover") of 13.6, which indicates bearish sentiment.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldEchoStar does not currently pay a dividend.Dividend GrowthEchoStar does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SATS. Previous Next 1.9 News and Social Media Coverage News SentimentEchoStar has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for EchoStar this week, compared to 2 articles on an average week.Search Interest14 people have searched for SATS on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added EchoStar to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EchoStar insiders have not sold or bought any company stock.Percentage Held by Insiders59.10% 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 InstitutionsOnly 39.06% of the stock of EchoStar is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for EchoStar are expected to grow by 22.95% in the coming year, from $0.61 to $0.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EchoStar is 8.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.50.Price to Earnings Ratio vs. SectorThe P/E ratio of EchoStar is 8.92, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 371.06.Price to Book Value per Share RatioEchoStar has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About EchoStar (NASDAQ:SATS) StockEchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Hughes, and EchoStar Satellite Services (ESS). The Hughes segment provides broadband satellite technologies and broadband internet services to domestic and international consumer customers and broadband network technologies, managed services, equipment, hardware, satellite services and communication solutions to service providers and enterprise customers. The ESS segment owns and leases in-orbit satellites and licenses to lease capacity on a full time and occasional use. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.Read More Receive SATS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EchoStar and its competitors with MarketBeat's FREE daily newsletter. Email Address SATS Stock News HeadlinesMarch 14, 2023 | finance.yahoo.comMEASAT Selects the Hughes JUPITER System to Help Connect the Unconnected across MalaysiaMarch 13, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Upgraded by StockNews.com to BuyMarch 20, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 12, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) and Globalstar (NYSE:GSAT) Critical AnalysisMarch 9, 2023 | finance.yahoo.comUZ-SAT Chooses Hughes JUPITER System to Help Bridge the Digital DivideMarch 8, 2023 | finance.yahoo.comHughes and Stargroup Extend Mobile Networks in Mexico, Help Connect the UnconnectedFebruary 24, 2023 | finance.yahoo.comQ4 2022 EchoStar Corp Earnings CallFebruary 24, 2023 | finance.yahoo.comEchoStar Full Year 2022 Earnings: Beats ExpectationsMarch 20, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 22, 2023 | finance.yahoo.comEchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2022February 17, 2023 | finance.yahoo.comEchoStar Corporation Announces Conference Call For Fourth Quarter and Full Year 2022 Financial ResultsFebruary 8, 2023 | finance.yahoo.comSES, ThinKom and Hughes Enable Multi-orbit Resilient Connectivity for Critical Airborne MissionsFebruary 1, 2023 | finance.yahoo.comEchoStar Begins Construction of Global S-band NetworkJanuary 10, 2023 | finance.yahoo.comHughes Introduces Active Power Edge, Showcases Suite of Managed Services at NRF 2023January 5, 2023 | finance.yahoo.comHughes Launches New Managed Cybersecurity Services for Small to Mid-sized Enterprise NetworksJanuary 2, 2023 | thestreet.comWhat EchoStar Might See in Sirius XMDecember 26, 2022 | finance.yahoo.comAfter losing 35% in the past year, EchoStar Corporation (NASDAQ:SATS) institutional owners must be relieved by the recent gainDecember 19, 2022 | finance.yahoo.comHughes Recognized as a Leader in Managed SD-WAN Services by Frost & Sullivan for Fourth Consecutive YearDecember 13, 2022 | finance.yahoo.comOneWeb Acquires 10,000 Hughes LEO Terminals To Enable Low Latency, Broadband Connectivity WorldwideDecember 7, 2022 | finance.yahoo.comHughes Recognized for the Third Time in Gartner® Magic Quadrant™ for Managed Network ServicesDecember 6, 2022 | finance.yahoo.comCommonwealth of Pennsylvania Again Selects Hughes for Managed Network Services ContractDecember 1, 2022 | finance.yahoo.comPradman Kaul, President of Hughes Network Systems, to Retire at Year EndNovember 22, 2022 | finance.yahoo.comEchoStar and Maxar Amend Agreement for Hughes JUPITER 3 Satellite ProductionNovember 17, 2022 | finance.yahoo.comDirty Dough Cookie Company Selects Hughes for Managed Digital SignageNovember 16, 2022 | finance.yahoo.comBullish insiders at EchoStar Corporation (NASDAQ:SATS) loaded up on US$507k of stock earlier this yearNovember 15, 2022 | finance.yahoo.comMinnesota Student Wins National 4-H Youth in Action Award and Scholarship for Leadership in STEMNovember 14, 2022 | finance.yahoo.comIs EchoStar Corporation (SATS) a “Value-Trap” / “Melting-Ice Cube”?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SATS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EchoStar and its competitors with MarketBeat's FREE daily newsletter. Email Address SATS Company Calendar Last Earnings11/08/2021Today3/20/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Communication services, not elsewhere classified Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:SATS CUSIP27876810 CIK1415404 Webwww.echostar.com Phone(303) 706-4000Fax303-723-1999Employees2,300Year Founded1980Price Target and Rating Average Stock Price Forecast$26.50 High Stock Price Forecast$28.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+43.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.08 Trailing P/E Ratio8.90 Forward P/E Ratio30.36 P/E GrowthN/ANet Income$177.05 million Net Margins8.86% Pretax Margin11.67% Return on Equity3.69% Return on Assets2.13% Debt Debt-to-Equity Ratio0.42 Current Ratio5.03 Quick Ratio5.03 Sales & Book Value Annual Sales$2.00 billion Price / Sales0.77 Cash Flow$7.81 per share Price / Cash Flow2.37 Book Value$43.37 per share Price / Book0.43Miscellaneous Outstanding Shares83,280,000Free Float34,062,000Market Cap$1.54 billion OptionableOptionable Beta0.75 Social Links Key ExecutivesHamid Akhavan-MalayeriPresident, CEO & Principal Financial OfficerT. Paul GaskeChief Operating OfficerAdrian MorrisChief Technology OfficerJeffrey S. BoggsChief Accounting OfficerTerry BrownInvestor Relations ContactKey CompetitorsCalixNYSE:CALXGlobalstarNYSE:GSATGogoNASDAQ:GOGOAST SpaceMobileNASDAQ:ASTSCogent CommunicationsNASDAQ:CCOIView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Sold 1,933 shares on 2/21/2023Ownership: 0.048%Truist Financial CorpBought 28,673 shares on 2/17/2023Ownership: 0.034%Gamco Investors INC. ET ALSold 5,501 shares on 2/15/2023Ownership: 0.262%Legal & General Group PlcSold 2,681 shares on 2/15/2023Ownership: 0.151%Public Employees Retirement System of OhioSold 3,161 shares on 2/15/2023Ownership: 0.002%View All Institutional Transactions SATS Stock - Frequently Asked Questions Should I buy or sell EchoStar stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EchoStar in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SATS shares. View SATS analyst ratings or view top-rated stocks. What is EchoStar's stock price forecast for 2023? 2 analysts have issued 12-month target prices for EchoStar's stock. Their SATS share price forecasts range from $25.00 to $28.00. On average, they predict the company's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 43.1% 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 on January 1st, 2023. Since then, SATS shares have increased by 11.0% and is now trading at $18.52. View the best growth stocks for 2023 here. When is EchoStar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our SATS earnings forecast. How were EchoStar's earnings last quarter? EchoStar Co. (NASDAQ:SATS) released its earnings results on Monday, November, 8th. The communications equipment provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The communications equipment provider had revenue of $504.66 million for the quarter, compared to analysts' expectations of $496 million. EchoStar had a net margin of 8.86% and a trailing twelve-month return on equity of 3.69%. During the same period in the prior year, the business posted $0.26 earnings per share. What ETFs hold EchoStar's stock? ETFs with the largest weight of EchoStar (NASDAQ:SATS) stock in their portfolio include Invesco Dynamic Market ETF (PWC), Royce Quant Small-Cap Quality Value ETF (SQLV), Invesco Nasdaq Future Gen 200 ETF (QQQS), First Trust Active Factor Mid Cap ETF (AFMC), First Trust Active Factor Small Cap ETF (AFSM), iShares US Small Cap Value Factor ETF (SVAL), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) and Inspire Small/Mid Cap ETF (ISMD). 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). 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 a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.63%), Renaissance Technologies LLC (2.13%), Brown Advisory Inc. (1.50%), Millennium Management LLC (1.37%), JPMorgan Chase & Co. (1.17%) and Thompson Siegel & Walmsley LLC (1.06%). Insiders that own company stock include Anders N Johnson, C Mike Schroeder 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. What is EchoStar's stock price today? One share of SATS stock can currently be purchased for approximately $18.52. How much money does EchoStar make? EchoStar (NASDAQ:SATS) has a market capitalization of $1.54 billion and generates $2.00 billion in revenue each year. The communications equipment provider earns $177.05 million in net income (profit) each year or $2.08 on an earnings per share basis. How many employees does EchoStar have? The company employs 2,300 workers across the globe. 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 How can I contact EchoStar? EchoStar's mailing address is 100 INVERNESS TERRACE EAST, ENGLEWOOD CO, 80112. The official website for the company is www.echostar.com. The communications equipment provider can be reached via phone at (303) 706-4000 or via fax at 303-723-1999. 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