At the time of writing, EchoStar Corp [SATS] stock is trading at $19.93, up 1.68%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SATS shares have gain 7.44% over the last week, with a monthly amount glided 6.69%, and 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.
For the past year, the stock price of EchoStar Corp fluctuated between $9.53 and $24.80. Currently, Wall Street analysts expect the stock to reach $14.25 within the next 12 months. EchoStar Corp [NASDAQ: SATS] shares were valued at $19.93 at the most recent close of the market. An investor can expect a potential drop of -28.5% based on the average SATS price forecast.
Analyzing the SATS fundamentals
According to EchoStar Corp [NASDAQ:SATS], the company’s sales were 20.59B for trailing twelve months, which represents an 813.30% jump. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.16 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.12.
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 19.52 points at the first support level, and at 19.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.36, and for the 2nd resistance point, it is at 20.80.
Ratios To Look Out For
It is important to note that EchoStar Corp [NASDAQ:SATS] has a current ratio of 0.44. As well, the Quick Ratio is 0.35, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 0.27.
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.
