In last trading session, EchoStar Corp (NASDAQ:SATS) saw 1.56 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $21.97 trading at $0.66 or 3.10% at ring of the bell on the day assigns it a market valuation of $6.30B. That closing price of SATS’s stock is at a discount of -47.84% from its 52-week high price of $32.48 and is indicating a premium of 34.46% from its 52-week low price of $14.40. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.21 million shares which gives us an average trading volume of 2.40 million if we extend that period to 3-months.
For EchoStar Corp (SATS), analysts’ consensus is at an average recommendation of Strong Buy while assigning it a mean rating of 2.71. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
EchoStar Corp (NASDAQ:SATS) trade information
Upright in the green during last session for gaining 3.10%, in the last five days SATS remained trading in the red while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $21.97 price level, adding 4.44% to its value on the day. EchoStar Corp’s shares saw a change of -4.06% in year-to-date performance and have moved -4.40% in past 5-day. EchoStar Corp (NASDAQ:SATS) showed a performance of -18.27% in past 30-days. Number of shares sold short was 15.91 million shares which calculate 4.94 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14.12 to the stock, which implies a fall of -55.54% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 14.25. It follows that stock’s current price would jump 36.28% in reaching the projected high whereas dropping to the targeted low would mean a gain of 36.28% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.68% during past 5 years.
EchoStar Corp (NASDAQ:SATS)’s Major holders
Insiders are in possession of 13.69% of company’s total shares while institution are holding 93.58 percent of that, with stock having share float percentage of 108.43%. Investors also watch the number of corporate investors in a company very closely, which is 93.58% institutions for EchoStar Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SATS for having 19.18 million shares of worth $341.68 million. And as of 2024-06-30, it was holding 7.0639 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 13.57 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.9967 of outstanding shares, having a total worth of $241.69 million.
