EchoStar Corp (SATS) concluded trading on Thursday at a closing price of $28.12, with 4.14 million shares of worth about $116.39 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 42.02% during that period and on January 23, 2025 the price saw a gain of about 2.18%. Currently the company’s common shares owned by public are about 140.48M shares, out of which, 118.75M shares are available for trading.
Stock saw a price change of 14.87% in past 5 days and over the past one month there was a price change of 24.37%. Year-to-date (YTD), SATS shares are showing a performance of 22.79% which increased to 93.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.83 but also hit the highest price of $30.08 during that period. The average intraday trading volume for EchoStar Corp shares is 1.70 million. The stock is currently trading 16.57% above its 20-day simple moving average (SMA20), while that difference is up 17.74% for SMA50 and it goes to 34.53% higher than SMA200.
EchoStar Corp (NASDAQ: SATS) currently have 140.48M outstanding shares and institutions hold larger chunk of about 43.07% of that.
The stock has a current market capitalization of $7.64B and its 3Y-monthly beta is at 0.73. It has posted earnings per share of -$8.48 in the same period. It has Quick Ratio of 0.61 while making debt-to-equity ratio of 1.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SATS, volatility over the week remained 4.33% while standing at 3.67% over the month.
Analysts are in expectations that EchoStar Corp (SATS) stock would likely to be making an EPS of -0.54 in the current quarter, while forecast for next quarter EPS is -1.19 and it is -3.45 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.73 which is -0.35 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -6.8 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 67.26% while it is estimated to decrease by -53.22% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on December 16, 2024 offering an Equal-weight rating for the stock and assigned a target price of $25 to it. On August 12, 2024, JP Morgan Downgrade their recommendations, while on January 17, 2024, JP Morgan Initiated their ratings for the stock with a price target of $18. Stock get a Strong buy rating from Raymond James on August 07, 2023.
