The closing price of EchoStar Corp (NASDAQ: SATS) was $12.14 for the day, down -4.18% from the previous closing price of $12.67. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 2087337 shares were traded.
Ratios:
Our analysis of SATS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.16. For the most recent quarter (mrq), Quick Ratio is recorded 5.81 and its Current Ratio is at 6.23. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.45.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 13 when SCHROEDER C MIKE sold 3,020 shares for $12.29 per share. The transaction valued at 37,120 led to the insider holds 0 shares of the business.
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 3.44B. As of this moment, EchoStar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 1.63 whereas that against EBITDA is 4.80.
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 14.13, while the 200-Day Moving Average is calculated to be 15.69.
Shares Statistics:
SATS traded an average of 2.59M shares per day over the past three months and 1.72M shares per day over the past ten days. A total of 271.41M shares are outstanding, with a floating share count of 120.53M. Insiders hold about 55.59% of the company’s shares, while institutions hold 21.28% stake in the company. Shares short for SATS as of Jan 31, 2024 were 15.62M with a Short Ratio of 6.03, compared to 3.61M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.75% and a Short% of Float of 11.64%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of $0.14 and a low estimate of -$0.32, while EPS last year was $0.59. The consensus estimate for the next quarter is $0, with high estimates of $0.26 and low estimates of -$0.25.
Analysts are recommending an EPS of between $0.76 and $0.43 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is -$0.56, with 6 analysts recommending between $0.71 and -$2.27.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $4.16B to a low estimate of $3.75B. As of the current estimate, EchoStar Corp’s year-ago sales were $499.86M, an estimated increase of 679.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $4.11B, an increase of 817.80% over than the figure of $679.20% in the same quarter last year. There is a high estimate of $4.15B for the next quarter, whereas the lowest estimate is $4.07B.
A total of 6 analysts have provided revenue estimates for SATS’s current fiscal year. The highest revenue estimate was $17.2B, while the lowest revenue estimate was $15.3B, resulting in an average revenue estimate of $15.91B. In the same quarter a year ago, actual revenue was $2B, up 696.50% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $15.89B in the next fiscal year. The high estimate is $17.19B and the low estimate is $14.34B. The average revenue growth estimate for next year is down -0.20% from the average revenue estimate for this year.
