NASDAQ:SATS

EchoStar - SATS Stock Forecast, Price & News

$16.47

-0.05 (-0.30%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $16.44
▼
$16.93
50-Day Range: $15.48
▼
$20.92
52-Week Range: $15.26
▼
$30.90

Volume: 296,082 shs
Average Volume: 265,867 shs
Market Capitalization: $1.37 billion

P/E Ratio: 22.88
Dividend Yield: N/A
Price Target: $42.00

EchoStar MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 155.0% Upside
$42.00 Price Target
Short Interest: Bearish
21.77% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.25
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -57.86%
From $1.40 to $0.59 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Computer And Technology Sector

397th out of 652 stocks

Communication Services, Not Elsewhere Classified Industry

5th out of 9 stocks

3.5

Analyst's Opinion

Consensus Rating
EchoStar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.00, EchoStar has a forecasted upside of 155.0% from its current price of $16.47.
Amount of Analyst Coverage
EchoStar has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
21.77% of the float of EchoStar has been sold short.
Short Interest Ratio / Days to Cover
EchoStar has a short interest ratio ("days to cover") of 32.1, which indicates bearish sentiment.
Change versus previous month
Short interest in EchoStar has recently increased by 2.42%, indicating that investor sentiment is decreasing.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SATS.

3.5

News and Social Media Coverage

News Sentiment
EchoStar has a news sentiment score of 1.25. 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 is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for EchoStar this week, compared to 2 articles on an average week.
Search Interest
4 people have searched for SATS on MarketBeat in the last 30 days.
MarketBeat Follows
Only 3 people have added EchoStar to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7

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
59.10% of the stock of EchoStar is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Earnings Growth
Earnings for EchoStar are expected to decrease by -57.86% in the coming year, from $1.40 to $0.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EchoStar is 22.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of EchoStar is 22.88, 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 370.10.
Price to Book Value per Share Ratio
EchoStar has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About EchoStar (NASDAQ:SATS) Stock

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segment offers broadband network technologies, managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers. The segment also designs, provides, and installs gateway and terminal equipment to customers for other satellite systems. In addition, it designs, develops, constructs, and provides telecommunication networks comprising satellite ground segment systems and terminals to mobile system operators and enterprise customers. Further, this segment designs, provides, and installs gateway and terminal equipment to customers for other satellite systems, as well as offers satellite ground segment systems and terminals for other satellite systems, including mobile system operators. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses to offer satellite services on a full-time and/or occasional-use basis to the U.S. government service providers, internet service providers, broadcast news organizations, content providers, and private enterprise customers. It serves customers in North America, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The company was incorporated in 2007 and is headquartered in Englewood, Colorado.

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SATS Stock News Headlines

September 24, 2022 | americanbankingnews.com

EchoStar (NASDAQ:SATS) Shares Gap Down to $16.54

September 19, 2022 | nasdaq.com

5 Low Leverage Stocks to Buy Amid Macroeconomic Challenges - Nasdaq

September 19, 2022 | finance.yahoo.com

5 Low Leverage Stocks to Buy Amid Macroeconomic Challenges

September 19, 2022 | businesswire.com

Global Satellite Services Market Report 2022: Increasing Need for Global Coverage Drives Growth - ResearchAndMarkets.com - Business Wire

September 16, 2022 | nasdaq.com

Is the Options Market Predicting a Spike in EchoStar (SATS) Stock? - Nasdaq

September 16, 2022 | finance.yahoo.com

Is the Options Market Predicting a Spike in EchoStar (SATS) Stock?

September 15, 2022 | benzinga.com

EchoStar (NASDAQ:SATS) – Hughes Wins GVF Quarter Century of Excellence Award - Benzinga

September 12, 2022 | benzinga.com

EchoStar (NASDAQ:SATS) – Hughes Launches New High-speed, Low-latency Satellite Service Plans for Consumer - Benzinga

September 9, 2022 | businesswire.com

Worldwide Digital Video Recorder Industry to 2026 - Players Include Canon, Cisco Systems, EchoStar and Honeywell International - ResearchAndMarkets.com - Business Wire

September 6, 2022 | nasdaq.com

Bet on These 5 Low-Leverage Stocks as Inflation Looms Large - Nasdaq

September 6, 2022 | nasdaq.com

Is EchoStar (NASDAQ:SATS) A Risky Investment? - Nasdaq

September 5, 2022 | nasdaq.com

Here's Why EchoStar (SATS) is Poised for a Turnaround After Losing 13.3% in 4 Weeks - Nasdaq

September 5, 2022 | finance.yahoo.com

Here's Why EchoStar (SATS) is Poised for a Turnaround After Losing 13.3% in 4 Weeks

September 4, 2022 | nasdaq.com

EchoStar (SATS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now - Nasdaq

September 2, 2022 | finance.yahoo.com

EchoStar (SATS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now - Yahoo Finance

September 2, 2022 | finance.yahoo.com

EchoStar (SATS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

August 31, 2022 | tmcnet.com

MConnected Selects EchoStar Mobile S-band Satellite Services for Offering in Europe and the UK

August 26, 2022 | finance.yahoo.com

Satellite Connectivity Market Size, Share, Growth [2022] | Global Trends, Latest Technology & Innovations, Industry Revenue, Value & Volume, Future Prospects, Growth Opportunities, Challenges and Forecast To 2028 | Industry Research Biz - Yahoo Finance

August 26, 2022 | globenewswire.com

August 18, 2022 | nasdaq.com

5 Low Leverage Stocks to Buy Amid Inflation Woes - Nasdaq

August 16, 2022 | benzinga.com

EchoStar's Return On Capital Employed Overview - Benzinga

August 16, 2022 | msn.com

EchoStar's Return On Capital Employed Overview

August 9, 2022 | nasdaq.com

EchoStar (SATS) Upgraded to Strong Buy: Here's What You Should Know - Nasdaq

August 8, 2022 | finance.yahoo.com

EchoStar (SATS) Upgraded to Strong Buy: Here's What You Should Know

August 7, 2022 | finance.yahoo.com

A Look At The Fair Value Of EchoStar Corporation (NASDAQ:SATS)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SATS Company Calendar

Last Earnings: 8/04/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/08/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communication services, not elsewhere classified
Sub-Industry: Communications Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:SATS
CUSIP: 27876810
CIK: 1415404
Web: www.echostar.com
Phone: (303) 706-4000
Fax: 303-723-1999
Employees: 2,500
Year Founded: 1980

Price Target and Rating

Average Stock Price Forecast: $42.00
High Stock Price Forecast: $59.00
Low Stock Price Forecast: $25.00
Forecasted Upside/Downside: +155.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.72
Trailing P/E Ratio: 22.88
Forward P/E Ratio: 11.76
P/E Growth: N/A
Net Income: $72.88 million
Net Margins: 3.11%
Pretax Margin: 5.49%
Return on Equity: 3.10%
Return on Assets: 1.77%

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 4.51
Quick Ratio: 4.51

Sales & Book Value

Annual Sales: $1.99 billion
Price / Sales: 0.69
Cash Flow: $6.43 per share
Price / Cash Flow: 2.56
Book Value: $39.51 per share
Price / Book: 0.42

Miscellaneous

Outstanding Shares: 83,170,000
Free Float: 34,017,000
Market Cap: $1.37 billion
Optionable: Optionable
Beta: 0.73

Social Links

Key Executives

Mr. Charles William Ergen (Age 69)
Exec. Chairman

Mr. David J. Rayner (Age 65)
Exec. VP, CFO, COO & Treasurer
Comp: $1.2M

Mr. Dean A. Manson (Age 55)
Exec. VP, Gen. Counsel & Sec.
Comp: $1.09M

Mr. Pradman P. Kaul (Age 76)
CEO & Pres of Hughes Network Systems, LLC and Director
Comp: $1.63M

Mr. Hamid Akhavan (Age 61)
CEO & Pres

Ms. Michelle Pearre
Sr. VP of HR & Admin.

Mr. Deepak V. Dutt (Age 77)
VP of Investor Relations

Mr. Kenneth G. Carroll (Age 67)
Exec. VP of Corp. and Bus. Devel.

Ms. Jennifer A. Manner
Sr. VP of Regulatory Affairs

Terry Brown
VP of Fin.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SATS Stock - Frequently Asked Questions

Should I buy or sell EchoStar stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EchoStar in the last twelve months. There are currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street 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 2022?: 2 Wall Street research analysts have issued 12 month price objectives for EchoStar's stock. Their SATS share price forecasts range from $25.00 to $59.00. On average, they expect the company's share price to reach $42.00 in the next year. This suggests a possible upside of 155.0% 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 2022?: EchoStar's stock was trading at $26.35 at the start of the year. Since then, SATS shares have decreased by 37.5% and is now trading at $16.47.
View the best growth stocks for 2022 here.
When is EchoStar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our SATS earnings forecast.
How were EchoStar's earnings last quarter?: EchoStar Co. (NASDAQ:SATS) posted its quarterly earnings data on Thursday, August, 4th. The communications equipment provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.32 by $0.05. The communications equipment provider had revenue of $499.32 million for the quarter, compared to the consensus estimate of $491.20 million. EchoStar had a trailing twelve-month return on equity of 3.10% and a net margin of 3.11%.
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."
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 $16.47.
How much money does EchoStar make?: EchoStar (NASDAQ:SATS) has a market capitalization of $1.37 billion and generates $1.99 billion in revenue each year. The communications equipment provider earns $72.88 million in net income (profit) each year or $0.72 on an earnings per share basis.
How many employees does EchoStar have?: The company employs 2,500 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.

This page (NASDAQ:SATS) was last updated on 10/2/2022 by MarketBeat.com Staff

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EchoStar - SATS Stock Forecast, Price & News

EchoStar MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows