NASDAQ:SATSEchostar Stock Price, Forecast & News

$33.16

+0.58 (+1.78 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$32.85

Now: $33.16▼

$33.67

50-Day Range

$27.09

MA: $30.22▼

$32.86

52-Week Range

$25.23

Now: $33.16▼

$45.15

Volume296,094 shs

Average Volume355,702 shs

Market Capitalization$3.25 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.69

EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services for home and small office customers, satellite operations, and satellite services worldwide. It operates in two segments, Hughes and EchoStar Satellite Services. The Hughes segments offers broadband satellite technologies and Internet services for home and small office customers; and broadband network technologies, managed services, equipment, hardware, satellite services, and communication solutions for aeronautical, enterprise, and government customers, as well as consumers. This segment also designs, provides, and installs gateways and terminal equipment for other satellite systems; and provides satellite ground segment systems and terminals to mobile system operators and enterprise customers. The EchoStar Satellite Services segment provides satellite operations and services using its owned and leased in-orbits satellites to corporates, the United States government service providers, Internet service providers, broadcast news organizations, content providers, and private enterprise customers. This segment also provides telemetry, tracking, and control services for satellites, as well as technical consulting services. EchoStar Corporation was founded in 2007 and is headquartered in Englewood, Colorado.

Beat the Market (BTM) Rank^™

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 $45.00, Echostar has a potential upside of 35.7% from its current price of $33.16.
Amount of Analyst Coverage
Echostar has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Echostar has received 288 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Echostar has received 339 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Echostar has received 54.07% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Echostar and other stocks. Vote “Outperform” if you believe SATS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SATS will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Echostar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $134,750.00 in company stock.
Percentage Held by Insiders
51.80% 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 Institutions
45.30% of the stock of Echostar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Echostar are expected to grow in the coming year, from ($1.23) to $0.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Echostar is -24.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Echostar is -24.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Echostar has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.81 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio & t.v. communications equipment

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:SATS

Previous Symbol

CUSIP27876810

CIK1415404

Webwww.echostar.com

Phone303-706-4000

Debt

Debt-to-Equity Ratio0.69

Current Ratio6.20

Quick Ratio6.20

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.89 billion

Price / Sales1.72

Cash Flow$5.12 per share

Price / Cash Flow6.48

Book Value$38.30 per share

Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)($1.06)

Net Income$-62,920,000.00

Net Margins-6.83%

Return on Equity-3.41%

Return on Assets-1.79%

Miscellaneous

Employees2,300

Outstanding Shares97,870,000

Market Cap$3.25 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Echostar (NASDAQ:SATS) Frequently Asked Questions

How has Echostar's stock been impacted by COVID-19 (Coronavirus)?

Echostar's stock was trading at $31.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SATS shares have increased by 4.3% and is now trading at $33.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Echostar?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Echostar in the last year. There are currently 1 hold rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Echostar.

When is Echostar's next earnings date?

Echostar is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Echostar.

How were Echostar's earnings last quarter?

Echostar Co. (NASDAQ:SATS) released its quarterly earnings data on Thursday, May, 7th. The communications equipment provider reported ($0.56) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.25) by $0.31. The communications equipment provider earned $465.70 million during the quarter, compared to analyst estimates of $457.70 million. Echostar had a negative net margin of 6.83% and a negative return on equity of 3.41%. The firm's revenue for the quarter was down 12.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.15 EPS. View Echostar's earnings history.

What price target have analysts set for SATS?

2 analysts have issued 12 month price targets for Echostar's shares. Their forecasts range from $36.00 to $54.00. On average, they expect Echostar's stock price to reach $45.00 in the next year. This suggests a possible upside of 35.7% from the stock's current price. View analysts' price targets for Echostar.

Has Echostar been receiving favorable news coverage?

Media headlines about SATS stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Echostar earned a coverage optimism score of 4.0 on InfoTrie's scale. They also gave news articles 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 company's share price in the immediate future. View the latest news aboutEchostar.

Are investors shorting Echostar?

Echostar saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,280,000 shares, a drop of 24.8% from the April 30th total of 3,030,000 shares. Based on an average daily trading volume, of 573,700 shares, the days-to-cover ratio is currently 4.0 days. Currently, 4.8% of the shares of the company are sold short. View Echostar's Current Options Chain.

Who are some of Echostar's key competitors?

Some companies that are related to Echostar include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Ribbon Communications (RBBN), Plantronics (PLT) and ADTRAN (ADTN). View all competitors.

What other stocks do shareholders of Echostar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Echostar investors own include Village Farms International (VFF), Netflix (NFLX), NVIDIA (NVDA), IBM (IBM), Sarepta Therapeutics (SRPT), Verizon Communications (VZ), WellCare Health Plans (WCG), Abbott Laboratories (ABT), Autodesk (ADSK) and Applied Materials (AMAT).

Who are Echostar's key executives?

Echostar's management team includes the following people:

Mr. Charles W. Ergen, Exec. Chairman (Age 66)
Mr. Michael T. Dugan, CEO, Pres & Director (Age 70)
Mr. David J. Rayner, Exec. VP, CFO, COO & Treasurer (Age 62)
Mr. Dean A. Manson, Exec. VP, Gen. Counsel & Sec. (Age 52)
Mr. Anders N. Johnson, Chief Strategy Officer & Pres of EchoStar Satellite Services L.L.C. (Age 62)

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 many different retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (5.76%), BlackRock Inc. (2.28%), CDAM UK Ltd (1.59%), Park West Asset Management LLC (1.45%), State Street Corp (0.91%) and Gabelli Funds LLC (0.77%). Company insiders that own Echostar stock include Anthony M Federico, C Mike Schroeder, Michael T Dugan and Pradman P Kaul. View institutional ownership trends for Echostar.

Which institutional investors are selling Echostar stock?

SATS stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Virginia National Bank, Gamco Investors INC. ET AL, Two Sigma Advisers LP, KBC Group NV, BNP Paribas Arbitrage SA, WINTON GROUP Ltd, and Invesco Ltd.. Company insiders that have sold Echostar company stock in the last year include C Mike Schroeder, Michael T Dugan, and Pradman P Kaul. View insider buying and selling activity for Echostar.

Which institutional investors are buying Echostar stock?

SATS stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, State Street Corp, Deutsche Bank AG, AQR Capital Management LLC, Thrivent Financial for Lutherans, Legal & General Group Plc, Chicago Equity Partners LLC, and Raymond James & Associates. View insider buying and selling activity for Echostar.

How do I buy shares of 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.

What is Echostar's stock price today?

One share of SATS stock can currently be purchased for approximately $33.16.

How big of a company is Echostar?

Echostar has a market capitalization of $3.25 billion and generates $1.89 billion in revenue each year. The communications equipment provider earns $-62,920,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. Echostar employs 2,300 workers across the globe.

What is Echostar's official website?

The official website for Echostar is www.echostar.com.

How can I contact Echostar?

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.

This page was last updated on 6/4/2020 by MarketBeat.com Staff