EchoStar Corp [SATS] stock prices are up 3.04% to $23.42 at the moment. 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 2.27% over the last week, with a monthly amount drifted -2.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Raymond James downgraded its rating to Mkt Perform on October 01, 2024. On August 12, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $12 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $18 on January 17, 2024. Raymond James upgraded its rating to a Strong Buy but $28 remained the price target by the analyst firm on August 07, 2023. Raymond James downgraded its rating to Outperform for this stock on November 04, 2022, and downed its price target to $27. In a note dated October 04, 2019, Citigroup downgraded an Neutral rating on this stock and revised its target price from $47.79 to $44.
The stock price of EchoStar Corp [SATS] has been fluctuating between $11.83 and $30.08 over the past year. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. EchoStar Corp [NASDAQ: SATS] shares were valued at $23.42 at the most recent close of the market. An investor can expect a potential drop of -40.22% based on the average SATS price forecast.
Analyzing the SATS fundamentals
The EchoStar Corp [NASDAQ:SATS] reported sales of 27.57B for trailing twelve months, representing a surge of 841.96%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.09%, 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 -0.12 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.97.
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 22.76 points at the first support level, and at 22.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.01, and for the 2nd resistance point, it is at 24.59.
Ratios To Look Out For
It’s worth pointing out that EchoStar Corp [NASDAQ:SATS]’s Current Ratio is 0.67. As well, the Quick Ratio is 0.61, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 0.33.
Transactions by insiders
Recent insider trading involved ERGEN CHARLES W, CHAIRMAN, that happened on Nov 12 ’24 when 1.55 million shares were purchased. Director, DEFRANCO JAMES completed a deal on Mar 08 ’24 to buy 0.11 million shares. Meanwhile, Director DEFRANCO JAMES bought 70000.0 shares on Mar 06 ’24.
