EchoStar (SATS) Stock Price, News & Analysis

Company Overview

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names. The Retail Wireless segment provides prepaid and postpaid wireless services under the Boost Mobile, Boost postpaid, and Gen Mobile brands, as well various wireless devices. The Network Deployment segment deploys a facilities-based 5G broadband network and commercializes deployment of 5G VoNR. The Broadband and Satellite Services offers broadband services to consumer customers, which include home, and small to medium-sized businesses; and satellite and multi-transport technologies, and managed network services to telecommunications providers, aeronautical service providers, civilian and defense government entities, and other enterprise customers. EchoStar Corporation was incorporated in 2007 and is headquartered in Englewood, Colorado.

Key Stats

• Today's Range: $22.99 to $24.32
• 50-Day Range: $21.52 to $28.04
• 52-Week Range: $10.18 to $30.08
• Volume: 1.68 million shs
• Average Volume: 1.81 million shs
• Market Capitalization: $6.37 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $19.25
• Consensus Rating: Hold

EchoStar Stock Analysis - MarketRank™

EchoStar scored higher than 18% of companies evaluated by MarketBeat, and ranked 594th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

EchoStar has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

EchoStar has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for EchoStar are expected to decrease in the coming year, from ($1.83) to ($4.19) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EchoStar is -2.56, 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 -2.56, 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 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.30% of the outstanding shares of EchoStar have been sold short.

Short Interest Ratio / Days to Cover

EchoStar has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in EchoStar has recently increased by 3.45%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

EchoStar does not currently pay a dividend.

Dividend Growth

EchoStar does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.30% of the outstanding shares of EchoStar have been sold short.

Short Interest Ratio / Days to Cover

EchoStar has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in EchoStar has recently increased by 3.45%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.14

News Sentiment

EchoStar has a news sentiment score of 0.14. 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 lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for EchoStar this week, compared to 6 articles on an average week.

Search Interest

5 people have searched for SATS on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added EchoStar to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, EchoStar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $43,499,994.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

55.90% 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

Only 33.62% of the stock of EchoStar is held by institutions.

SATS Stock Analysis - Frequently Asked Questions

How have SATS shares performed this year?

EchoStar's stock was trading at $16.57 at the beginning of the year. Since then, SATS shares have increased by 41.4% and is now trading at $23.43.
View the best growth stocks for 2024 here.

How were EchoStar's earnings last quarter?

EchoStar Co. (NASDAQ:SATS) issued its earnings results on Friday, August, 9th. The communications equipment provider reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.37) by $0.39. The company's revenue was down 9.3% compared to the same quarter last year.

Does EchoStar have any subsidiaries?

EchoStar subsidiaries include Helios Wire, Move Networks, Satmex, Sling Media, EchoStar Corporation, EchoStar Mexico Holdings Corporation, EchoStar Mobile Limited, and more.

Who are EchoStar's major shareholders?

Top institutional shareholders of EchoStar include State Street Corp (1.76%), Charles Schwab Investment Management Inc. (1.12%), Darsana Capital Partners LP (1.10%) and Geode Capital Management LLC (1.07%). Insiders that own company stock include Charles W Ergen, James Defranco and C Mike Schroeder.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of EchoStar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EchoStar investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/09/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:SATS
• CUSIP: 27876810
• CIK: 1415404
• Web: www.echostar.com
• Phone: (303) 706-4000
• Fax: 303-723-1999
• Employees: 15,300
• Year Founded: 1980

Price Target and Rating

• Average Stock Price Target: $19.25
• High Stock Price Target: $30.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: -17.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($9.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,702,060,000.00
• Net Margins: -15.51%
• Pretax Margin: -18.43%
• Return on Equity: -0.64%
• Return on Assets: -0.22%

Debt

• Debt-to-Equity Ratio: 1.11
• Current Ratio: 0.67
• Quick Ratio: 0.61

Sales & Book Value

• Annual Sales: $16.02 billion
• Price / Sales: 0.40
• Cash Flow: $7.41 per share
• Price / Cash Flow: 3.16
• Book Value: $73.48 per share
• Price / Book: 0.32

Miscellaneous

• Outstanding Shares: 271,681,000
• Free Float: 119,811,000
• Market Cap: $6.37 billion
• Optionable: Optionable
• Beta: 0.70