Is EchoStar Corp (NASDAQ: SATS) Stock An Instant Disaster Or An Incredible Opportunity?

In the last trading session, 2.04 million EchoStar Corp (NASDAQ:SATS) shares changed hands as the company’s beta touched 0.81. With the company’s per share price at $22.16 changed hands at $0.16 or 0.73% during last session, the market valuation stood at $6.37B. SATS’s last price was a discount, traded about -46.57% off its 52-week high of $32.48. The share price had its 52-week low at $14.79, which suggests the last value was 33.26% up since then.

Analysts gave the EchoStar Corp (SATS) stock a consensus recommendation rating of Strong Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 0 recommended SATS as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.

EchoStar Corp (NASDAQ:SATS) trade information

Instantly SATS was in green as seen at the end of in last trading. With action 12.03%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -3.23%, with the 5-day performance at 12.03% in the green. However, in the 30-day time frame, EchoStar Corp (NASDAQ:SATS) is 5.52% up.

The consensus price target for the stock as assigned by Wall Street analysts is 14.12, meaning bulls need a downside of -56.94% from its current market value. According to analyst projections, SATS’s forecast low is 14 with 14.25 as the target high. To hit the forecast high, the stock’s price needs a 35.69% surge from its current level, while the stock would need to tank 36.82% for it to hit the projected low.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.68%. The 2025 estimates are for EchoStar Corp earnings to decrease by -777.41%.

SATS Dividends

EchoStar Corp is expected to release its next quarterly earnings report in June.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.9967% or 13.57 million shares worth $241.69 million as of 2024-06-30.

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