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Echostar Corp. (SATS)
NASDAQ:SATS
Echostar (SATS) Stock Price & Analysis
352 Followers
SATS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.53 - $24.80
Previous Close$16.75
Volume564.65K
Average Volume (3M)1.69M
Market Cap
$4.74B
Enterprise Value$4.28B
Total Cash (Recent Filing)$1.99B
Total Debt (Recent Filing)$1.63B
Price to Earnings (P/E)-2.4
Beta0.93
Next Earnings
Jul 31, 2024EPS Estimate
-$0.37Last Dividend Ex-Date
Sep 11, 2019Dividend YieldN/A
Share Statistics
EPS (TTM)-7.03
Shares Outstanding271,522,445
10 Day Avg. Volume1,736,334
30 Day Avg. Volume1,692,501
Standard Deviation0.51
R-Squared0.00660
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)-0.23
Price to Sales (P/S)4.70
Price to Cash Flow (P/CF)0.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.37
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda7.73
Forecast
1Y Price Target
$18.60Price Target Upside6.65% Upside
Rating ConsensusHold
Number of Analyst Covering5
Echostar News
Bulls Say, Bears Say
Bulls Say
Capital ExpenditureManagement expects network deployment capex to be less than half of previous levels, signaling a strategic reduction in spending.
Cash FlowThe company guided to positive operating free cash flow due to the cost reductions and lower capex.
Cost ManagementSATS management guided to a $1 billion reduction in total operating expenses in 2024 driven by a combination of synergies and other cost measures.
Bears Say
Debt And FinancingEchoStar faces significant debt maturities, with $2 billion due in November and a looming maturity wall of over $9 billion, raising concerns over its ability to meet these obligations.
Financial PerformanceEchoStar's initiative to reduce operating expenses may not be enough to counteract the negative trends in revenue, potentially leading to further financial strain.
Liquidity And Capital RaisingThe necessity for EchoStar to secure new capital to fund debt and spectrum purchases raises uncertainties about its financial health and future prospects.
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Ownership Overview
15.87% Insiders
10.82% Mutual Funds
53.29% Other Institutional Investors
20.02% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SATS FAQ
What was Echostar Corp.’s price range in the past 12 months?
Echostar Corp. lowest stock price was $9.53 and its highest was $24.80 in the past 12 months.
What is Echostar Corp.’s market cap?
Currently, no data Available
When is Echostar Corp.’s upcoming earnings report date?
Echostar Corp.’s upcoming earnings report date is Jul 31, 2024 which is in 77 days.
How were Echostar Corp.’s earnings last quarter?
Echostar Corp. released its earnings results on May 08, 2024. The company reported -$0.4 earnings per share for the quarter, missing the consensus estimate of -$0.2 by -$0.2.
Is Echostar Corp. overvalued?
According to Wall Street analysts Echostar Corp.’s price is currently Undervalued.
Does Echostar Corp. pay dividends?
Echostar Corp. pays a Notavailable dividend of $8.74 which represents an annual dividend yield of N/A. See more information on Echostar Corp. dividends here
What is Echostar Corp.’s EPS estimate?
Echostar Corp.’s EPS estimate is -$0.37.
How many shares outstanding does Echostar Corp. have?
Echostar Corp. has 140,173,980 shares outstanding.
What happened to Echostar Corp.’s price movement after its last earnings report?
Echostar Corp. reported an EPS of -$0.4 in its last earnings report, missing expectations of -$0.2. Following the earnings report the stock price went down -11.009%.
Which hedge fund is a major shareholder of Echostar Corp.?
Among the largest hedge funds holding Echostar Corp.’s share is Goldentree Asset Management Lp. It holds Echostar Corp.’s shares valued at 34M.
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Echostar Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$18.60 (6.65% Upside)
$18.60 (6.65% Upside)
Blogger Sentiment
Bullish
SATS Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 6.3%
Last 30 Days ▼ 6.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.34%
12-Months-Change
Fundamentals
Return on Equity
-15.77%
Trailing 12-Months
Asset Growth
796.97%
Trailing 12-Months
Company Description
Echostar Corp.
EchoStar 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. The Hughes segment provides broadband satellite technologies and broadband services to home and small office customers and network technologies, managed services, and communication solutions. 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.
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SATS Earnings Call
Q1 2024
0:00 / 0:00
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SATS Stock 12 Month Forecast
Average Price Target
$18.60
▲(6.65% Upside)
Technical Analysis
Best Analysts Covering SATS
1 Year
1 Year Success Rate
8/33 ratings generated profit
1 Year Average Return
-7.87%
upgraded a buy rating 9 months ago
Copying Ric Prentiss's trades and holding each position for 1 Year would result in 24.24% of your transactions generating a profit, with an average return of -7.87% per trade.
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