EchoStar Corp (SATS) stock shows 52-week fluctuation between $9.53 and $24.80

Currently, EchoStar Corp [SATS] is trading at $14.20, down -1.73%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SATS shares have gain 6.77% over the last week, with a monthly amount drifted -8.15%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

EchoStar Corp [NASDAQ: SATS] stock has seen the most recent analyst activity on January 17, 2024, when JP Morgan initiated its Neutral rating and assigned the stock a price target of $18. Previously, Raymond James upgraded its rating to Strong Buy on August 07, 2023, and kept the price target unchanged to $28. On November 04, 2022, downgrade downgraded it’s rating to Outperform and revised its price target to $27 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $44 on October 04, 2019. Daiwa Securities downgraded its rating to a Neutral. Raymond James upgraded its rating to Strong Buy for this stock on May 11, 2018. In a note dated September 08, 2017, Jefferies initiated an Hold rating and provided a target price of $65 on this stock.

This stock has fluctuated between a low of $9.53 and a high of $24.80 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $14.25 within the next 12 months. EchoStar Corp [NASDAQ: SATS] shares were valued at $14.20 at the most recent close of the market. An investor can expect a potential return of 0.35% based on the average SATS price forecast.

Analyzing the SATS fundamentals

Trailing Twelve Months sales for EchoStar Corp [NASDAQ:SATS] were 17.02B which represents 3042.87% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.22 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.96 points at the first support level, and at 13.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.37, and for the 2nd resistance point, it is at 14.53.

Ratios To Look Out For

To put it in perspective, the Current Ratio for EchoStar Corp [NASDAQ:SATS] is 0.61. Further, the Quick Ratio stands at 0.53, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 0.19.

Transactions by insiders

Recent insider trading involved DEFRANCO JAMES, Director, that happened on Mar 08 ’24 when 0.11 million shares were purchased. Director, DEFRANCO JAMES completed a deal on Mar 07 ’24 to buy 20000.0 shares. Meanwhile, Director DEFRANCO JAMES bought 70000.0 shares on Mar 06 ’24.

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