EchoStar Corp (NASDAQ:SATS) has a beta value of 0.85 and has seen 12.59 million shares traded in the last trading session. The company, currently valued at $5.78B, closed the last trade at $20.18 per share which meant it lost -$4.01 on the day or -16.58% during that session. The SATS stock price is -60.95% off its 52-week high price of $32.48 and 26.71% above the 52-week low of $14.79.
The consensus among analysts is that EchoStar Corp (SATS) is Strong Buy stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.05.
EchoStar Corp (NASDAQ:SATS) trade information
Sporting -16.58% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SATS stock price touched $20.18 or saw a rise of 20.11%. Year-to-date, EchoStar Corp shares have moved -11.88%, while the 5-day performance has seen it change -15.49%. Over the past 30 days, the shares of EchoStar Corp (NASDAQ:SATS) have changed -8.69%.
Wall Street analysts have a consensus price target for the stock at $14.12, which means that the shares’ value could drop -42.92% from current levels. The projected low price target is $14.0 while the price target rests at a high of $14.25. In that case, then, we find that the current price level is 29.39% off the targeted high while a plunge would see the stock lose 30.62% from current levels.
EchoStar Corp (SATS) estimates and forecasts
The company’s shares have lost -25.73% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -2.56%.
4 analysts offering their estimates for the company have set an average revenue estimate of 3.8B for the current quarter. 4 have an estimated revenue figure of 3.78B for the next ending quarter. Year-ago sales stood 3.95B and 3.89B respectively for this quarter and the next, and analysts expect sales will shrink by -3.76% for the current quarter and -2.56% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.68% over the past 5 years.
SATS Dividends
EchoStar Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
EchoStar Corp (NASDAQ:SATS)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 19.18 million shares worth more than $341.68 million. As of 2024-06-30, BLACKROCK INC. held 7.0639% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 13.57 million shares as of 2024-06-30. The firm’s total holdings are worth over $241.69 million and represent 4.9967% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Funds-Dodge & Cox Stock Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . As of Dec 31, 2024 , the former fund manager holds about 5.99% shares in the company for having 9.3 shares of worth $187.7 million while later fund manager owns 3.94 shares of worth $79.52 million as of Mar 31, 2025 , which makes it owner of about 2.54% of company’s outstanding stock.
