Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of EchoStar Corp (NASDAQ: SATS) closed at $15.30 in the last session, up 1.59% from day before closing price of $15.06. In other words, the price has increased by $1.59 from its previous closing price. On the day, 1.5 million shares were traded. SATS stock price reached its highest trading level at $15.46 during the session, while it also had its lowest trading level at $14.89.
Ratios:
We take a closer look at SATS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on January 17, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.
On August 07, 2023, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $28.
Raymond James Downgraded its Strong Buy to Outperform on November 04, 2022, whereas the target price for the stock was revised from $57 to $27.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when DEFRANCO JAMES bought 110,000 shares for $13.48 per share. The transaction valued at 1,482,800 led to the insider holds 306,951 shares of the business.
DEFRANCO JAMES bought 20,000 shares of SATS for $268,800 on Mar 07 ’24. The Director now owns 196,951 shares after completing the transaction at $13.44 per share. On Mar 06 ’24, another insider, DEFRANCO JAMES, who serves as the Director of the company, bought 70,000 shares for $13.14 each. As a result, the insider paid 919,800 and bolstered with 176,951 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SATS now has a Market Capitalization of 4154240768 and an Enterprise Value of 28037990400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at 1.648 whereas that against EBITDA is 15.483.
Stock Price History:
Over the past 52 weeks, SATS has reached a high of $24.80, while it has fallen to a 52-week low of $9.53. The 50-Day Moving Average of the stock is 12.09%, while the 200-Day Moving Average is calculated to be 1.20%.
Shares Statistics:
According to the various share statistics, SATS traded on average about 1.69M shares per day over the past 3-months and 1405930 shares per day over the past 10 days. A total of 140.15M shares are outstanding, with a floating share count of 120.47M. Insiders hold about 55.63% of the company’s shares, while institutions hold 16.39% stake in the company. Shares short for SATS as of 1711584000 were 15609562 with a Short Ratio of 9.25, compared to 1709164800 on 15564631. Therefore, it implies a Short% of Shares Outstanding of 15609562 and a Short% of Float of 14.46.
