NASDAQ:SATS EchoStar (SATS) Stock Forecast, Price & News $15.77 -0.46 (-2.83%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$15.63▼$16.3150-Day Range$15.13▼$18.5152-Week Range$14.66▼$24.63Volume210,987 shsAverage Volume198,495 shsMarket Capitalization$1.32 billionP/E Ratio11.51Dividend YieldN/APrice Target$28.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EchoStar MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside77.6% Upside$28.00 Price TargetShort InterestBearish8.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.37Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-50.94%From $1.06 to $0.52 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.2.45 out of 5 starsComputer And Technology Sector174th out of 621 stocksCommunication Services, Not Elsewhere Classified Industry2nd out of 10 stocks 3.5 Analyst's Opinion Consensus RatingEchoStar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.00, EchoStar has a forecasted upside of 77.6% from its current price of $15.77.Amount of Analyst CoverageEchoStar has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.37% of the float of EchoStar has been sold short.Short Interest Ratio / Days to CoverEchoStar has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.Change versus previous monthShort interest in EchoStar has recently decreased by 14.63%, indicating that investor sentiment is improving significantly. 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 4.1 News and Social Media Coverage News SentimentEchoStar has a news sentiment score of 1.37. 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 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for EchoStar this week, compared to 2 articles on an average week.Search Interest1 people have searched for SATS on MarketBeat in the last 30 days. MarketBeat Follows2 people have added EchoStar to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for EchoStar are expected to decrease by -50.94% in the coming year, from $1.06 to $0.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EchoStar is 11.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.60.Price to Earnings Ratio vs. SectorThe P/E ratio of EchoStar is 11.51, 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 342.98.Price to Book Value per Share RatioEchoStar has a P/B Ratio of 0.36. 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 HeadlinesMay 29, 2023 | americanbankingnews.comEchoStar Co. (NASDAQ:SATS) Short Interest Down 14.6% in MayMay 23, 2023 | msn.comEchoStar Earnings Perspective: Return On Invested CapitalJune 1, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 23, 2023 | finance.yahoo.comGogo Elevates its Global Broadband Offering with Second, Higher Throughput AntennaMay 18, 2023 | finance.yahoo.comHughesNet and National 4-H Honored with a 2023 Silver Stevie® Award for Fostering the STEM Leaders of TomorrowMay 13, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Sees Unusually-High Trading VolumeMay 10, 2023 | markets.businessinsider.comEchoStar A earnings preview: what to expectMay 10, 2023 | seekingalpha.comEchoStar GAAP EPS of $0.35, revenue of $439.6MJune 1, 2023 | Vantage Point (Ad)Major Financial Crisis Could Hit AmericaSomething strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs? May 10, 2023 | washingtonpost.comEchoStar: Q1 Earnings SnapshotMay 9, 2023 | finance.yahoo.comEchoStar Announces Financial Results for the Three Months Ended March 31, 2023May 8, 2023 | americanbankingnews.comEchoStar (SATS) Set to Announce Quarterly Earnings on TuesdayMay 8, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Upgraded to "Buy" by StockNews.comMay 5, 2023 | finance.yahoo.comAre Investors Undervaluing EchoStar Corporation (NASDAQ:SATS) By 36%?May 2, 2023 | finance.yahoo.comEchoStar Corporation Announces Conference Call For First Quarter 2023 Financial ResultsMay 2, 2023 | finance.yahoo.comHughes Launches New HughesNet Plans for Small BusinessesApril 30, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Downgraded by StockNews.com to HoldApril 24, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Upgraded to Buy at StockNews.comApril 20, 2023 | finance.yahoo.comHughes Wins Fortinet's SD-WAN Partner of the Year AwardApril 17, 2023 | finance.yahoo.comHughes Introduces Smart Network Edge Software for Mission-Critical DoD CommunicationsApril 13, 2023 | bbc.co.ukKS2 Maths SATs revision - ArithmeticApril 5, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Upgraded by StockNews.com to "Buy"April 4, 2023 | finance.yahoo.comHughes Welcomes The Vitamin Shoppe as Managed Network Services ClientMarch 30, 2023 | americanbankingnews.comEchoStar (NASDAQ:SATS) Downgraded to "Hold" at StockNews.comMarch 29, 2023 | seekingalpha.comEchoStar: Includes Catalysts For An UpsideMarch 28, 2023 | finance.yahoo.com2.0% earnings growth over 5 years has not materialized into gains for EchoStar (NASDAQ:SATS) shareholders over that periodMarch 14, 2023 | finance.yahoo.comMEASAT Selects the Hughes JUPITER System to Help Connect the Unconnected across MalaysiaSee 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 Earnings11/08/2021Today6/01/2023Next Earnings (Estimated)8/03/2023Fiscal 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$28.00 High Stock Price Forecast$28.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+77.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.37 Trailing P/E Ratio11.51 Forward P/E Ratio14.88 P/E GrowthN/ANet Income$177.05 million Net Margins5.92% Pretax Margin7.79% Return on Equity3.78% Return on Assets2.19% Debt Debt-to-Equity Ratio0.41 Current Ratio5.76 Quick Ratio5.76 Sales & Book Value Annual Sales$2.00 billion Price / Sales0.66 Cash Flow$7.44 per share Price / Cash Flow2.12 Book Value$43.49 per share Price / Book0.36Miscellaneous Outstanding Shares83,780,000Free Float34,265,000Market Cap$1.32 billion OptionableOptionable Beta0.72 Social Links Key ExecutivesHamid Akhavan-MalayeriPresident, CEO & Principal Financial OfficerT. Paul GaskeChief Operating OfficerAdrian MorrisChief Technology OfficerVeronika TakacsChief Accounting Officer & ControllerTerry BrownInvestor Relations ContactKey CompetitorsCalixNYSE:CALXAST SpaceMobileNASDAQ:ASTSGogoNASDAQ:GOGOCogent CommunicationsNASDAQ:CCOISapiens InternationalNASDAQ:SPNSView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 2,001 shares on 5/22/2023Ownership: 0.309%Putnam Investments LLCSold 2,060 shares on 5/22/2023Ownership: 0.059%JPMorgan Chase & Co.Sold 15,964 shares on 5/18/2023Ownership: 1.149%New York State Common Retirement FundSold 5,700 shares on 5/18/2023Ownership: 0.021%Geode Capital Management LLCSold 2,934 shares on 5/16/2023Ownership: 0.889%View All Institutional Transactions SATS Stock - Frequently Asked Questions Should I buy or sell EchoStar stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EchoStar in the last year. There are currently 1 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 2023? 1 brokers have issued 12-month target prices for EchoStar's stock. Their SATS share price forecasts range from $28.00 to $28.00. On average, they anticipate the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 77.6% 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 at the beginning of 2023. Since then, SATS stock has decreased by 5.5% and is now trading at $15.77. View the best growth stocks for 2023 here. Are investors shorting EchoStar? EchoStar saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,800,000 shares, a decrease of 14.6% from the April 30th total of 3,280,000 shares. Based on an average trading volume of 236,900 shares, the short-interest ratio is currently 11.8 days. Approximately 8.4% of the company's stock are sold short. View EchoStar's Short Interest. When is EchoStar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our SATS earnings forecast. How were EchoStar's earnings last quarter? EchoStar Co. (NASDAQ:SATS) posted its earnings results on Monday, November, 8th. The communications equipment provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. The communications equipment provider earned $504.66 million during the quarter, compared to the consensus estimate of $496 million. EchoStar had a net margin of 5.92% and a trailing twelve-month return on equity of 3.78%. During the same quarter last year, the business earned $0.26 EPS. What ETFs hold EchoStar's stock? ETFs with the largest weight of EchoStar (NASDAQ:SATS) stock in their portfolio include Procure Space ETF (UFO), Inspire Fidelis Multi Factor ETF (FDLS), Invesco Dynamic Market ETF (PWC), SPDR S&P Telecom ETF (XTL), Royce Quant Small-Cap Quality Value ETF (SQLV), Invesco Nasdaq Future Gen 200 ETF (QQQS), First Trust Active Factor Mid Cap ETF (AFMC) and First Trust Active Factor Small Cap ETF (AFSM). 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (4.70%), Dimensional Fund Advisors LP (2.84%), Renaissance Technologies LLC (2.07%), JPMorgan Chase & Co. (1.15%), State Street Corp (1.01%) and Thompson Siegel & Walmsley LLC (1.01%). Insiders that own company stock include Anders N Johnson 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 $15.77. How much money does EchoStar make? EchoStar (NASDAQ:SATS) has a market capitalization of $1.32 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 $1.37 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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