NASDAQ:SATS - Echostar Stock Price, Price Target & More

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

Echostar Holding Corp (NASDAQ:SATS) issued its quarterly earnings results on Thursday, May, 10th. The communications equipment provider reported $0.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.11. The communications equipment provider had revenue of $501.79 million for the quarter, compared to the consensus estimate of $492.55 million. Echostar had a net margin of 17.06% and a return on equity of 1.61%. The firm's quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS. View Echostar's Earnings History.

Echostar is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Echostar.

2 equities research analysts have issued 1 year price objectives for Echostar's shares. Their predictions range from $70.00 to $76.00. On average, they anticipate Echostar's share price to reach $73.00 in the next year. View Analyst Ratings for Echostar.

Echostar saw a decrease in short interest during the month of April. As of April 30th, there was short interest totalling 981,513 shares, a decrease of 26.6% from the April 13th total of 1,337,552 shares. Based on an average daily volume of 220,054 shares, the short-interest ratio is presently 4.5 days. Currently, 2.1% of the company's shares are short sold.

Some companies that are related to Echostar include Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), CommScope (COMM), ARRIS Group (ARRS), ViaSat (VSAT), Maxar Technologies (MAXR), Casa Systems (CASA), Mitel Networks (MITL), Loral Space & Communications (LORL), CalAmp (CAMP), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Energous (WATT) and Gilat Satellite Networks (GILT).

News stories about SATS stock have trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Echostar earned a media sentiment score of 0.02 on Accern's scale. They also gave news articles about the communications equipment provider an impact score of 47.62 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Echostar's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.32%), Dimensional Fund Advisors LP (1.35%), Gabelli Funds LLC (0.76%), State of New Jersey Common Pension Fund D (0.70%), Gamco Investors INC. ET AL (0.61%) and Thompson Siegel & Walmsley LLC (0.47%). Company insiders that own Echostar stock include Anders N Johnson, David Rayner, Dean Manson, Kranti Kilaru, 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 Millennium Management LLC, MD Sass Investors Services Inc., Harvest Capital Strategies LLC, Pagoda Asset Management LP, Hsbc Holdings PLC, Gamco Investors INC. ET AL, Gabelli Funds LLC and Allianz Asset Management GmbH. Company insiders that have sold Echostar company stock in the last year include Anders N Johnson, David Rayner, Michael T Dugan, Pradman P Kaul and Tom A Ortolf. View Insider Buying and Selling for Echostar.

SATS stock was acquired by a variety of institutional investors in the last quarter, including Pelorus Jack Capital L.P., Prudential Financial Inc., BlackRock Inc., Mackay Shields LLC, Red Cedar Management LP, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Wells Fargo & Company MN and Verition Fund Management 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, Scottrade, Fidelity and Charles Schwab.

One share of SATS stock can currently be purchased for approximately $49.05.

Echostar has a market capitalization of $4.69 billion and generates $1.89 billion in revenue each year. The communications equipment provider earns $392.56 million in net income (profit) each year or $0.84 on an earnings per share basis. Echostar employs 2,100 workers across the globe.

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