EchoStar Corp [NASDAQ: SATS] surged by $2.01 during the normal trading session on Wednesday and reaching a high of $73.58 during the day while it closed the day at $71.81.
EchoStar Corp stock has also loss -10.11% of its value over the past 7 days. However, SATS stock has inclined by 194.54% in the 3 months of the year. Over the past six months meanwhile, it has gained 177.69% and gained 195.88% year-on date.
The market cap for SATS stock reached $20.66 billion, with 156.30 million shares outstanding and 132.76 million shares in the current float. Compared to the average trading volume of 4.95M shares, SATS reached a trading volume of 7562944 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about EchoStar Corp [SATS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SATS shares is $67.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SATS stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for EchoStar Corp shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on December 16, 2024. The new note on the price target was released on October 01, 2024, representing the official price target for EchoStar Corp stock. Previously, the target price had yet another raise to $12, while JP Morgan analysts kept a Underweight rating on SATS stock.
The Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 15.70.
SATS stock trade performance evaluation
EchoStar Corp [SATS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.11. With this latest performance, SATS shares gained by 157.66% in over the last four-week period, additionally plugging by 177.69% over the last 6 months – not to mention a rise of 213.58% in the past year of trading.
EchoStar Corp [SATS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and EchoStar Corp [SATS] shares currently have an operating margin of -3.40% and a Gross Margin at 12.82%. EchoStar Corp’s Net Margin is presently recorded at -2.04%.
EchoStar Corp (SATS) Capital Structure & Debt Analysis
According to recent financial data for EchoStar Corp. ( SATS), the Return on Equity (ROE) stands at -1.60%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.55%, reflecting the company’s efficiency in generating profits from its assets. Additionally, EchoStar Corp’s Return on Invested Capital (ROIC) is -0.65%, showcasing its effectiveness in deploying capital for earnings.
EchoStar Corp (SATS) Efficiency & Liquidity Metrics
Based on EchoStar Corp’s (SATS) latest financial statements, the Debt-to-Equity Ratio is 1.50%, indicating its reliance on debt financing relative to shareholder equity.
EchoStar Corp (SATS) Efficiency & Liquidity Metrics
From an operational efficiency perspective, EchoStar Corp. (SATS) effectively leverages its workforce, generating an average of -$23020.44 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.22% and a Quick Ratio of 1.15%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for EchoStar Corp [SATS] stock
With the latest financial reports released by the company, EchoStar Corp posted -0.52/share EPS, while the average EPS was predicted by analysts to be reported at -0.46/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.06. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SATS.
EchoStar Corp [SATS]: Institutional Ownership
There are presently around $88.68%, or 102.61%% of SATS stock, in the hands of institutional investors. The top three institutional holders of SATS stocks are: BLACKROCK INC. with ownership of 19.18 million shares, which is approximately 7.0639%. VANGUARD GROUP INC, holding 13.57 million shares of the stock with an approximate value of $$241.69 million in SATS stocks shares; and VANGUARD GROUP INC, currently with $$241.58 million in SATS stock with ownership which is approximately 4.9944%.