A share price of EchoStar Corp [SATS] is currently trading at $17.72, down -1.28%. An important factor to consider is whether the stock is rising or falling in short-term value. The SATS shares have gain 14.32% over the last week, with a monthly amount drifted -8.19%, 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 August 12, 2024, when JP Morgan downgraded its rating to a Underweight but kept the price target unchanged to $12 for it. Previously, JP Morgan started tracking the stock with Neutral rating on January 17, 2024, and set its price target to $18. On August 07, 2023, upgrade upgraded it’s rating to Strong Buy but maintained its price target of $28 on the stock. Raymond James downgraded its rating to a Outperform and decreased its price target to $27 on November 04, 2022. Citigroup downgraded its rating to a Neutral and reduced its price target to $44 on October 04, 2019. Daiwa Securities downgraded its rating to Neutral for this stock on May 17, 2019. In a note dated May 11, 2018, Raymond James upgraded an Strong Buy rating on this stock.
EchoStar Corp experienced fluctuations in its stock price throughout the past year between $9.53 and $21.02. Currently, Wall Street analysts expect the stock to reach $14.13 within the next 12 months. EchoStar Corp [NASDAQ: SATS] shares were valued at $17.72 at the most recent close of the market. An investor can expect a potential drop of -20.26% based on the average SATS price forecast.
Analyzing the SATS fundamentals
Trailing Twelve Months sales for EchoStar Corp [NASDAQ:SATS] were 24.09B which represents 772.36% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.13 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.14.
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 17.45 points at the first support level, and at 17.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.05, and for the 2nd resistance point, it is at 18.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for EchoStar Corp [NASDAQ:SATS] is 0.40. On the other hand, the Quick Ratio is 0.32, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 0.25.
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 06 ’24 to buy 70000.0 shares. Meanwhile, Director DEFRANCO JAMES bought 20000.0 shares on Mar 07 ’24.
