Perhaps timely catching EchoStar Corp (SATS) would be a good idea

With 1.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.85 million shares. During the session, the Communication Equipment company that operates in wider Technology sector, reached to the highest price of $22.83 whereas the lowest price it dropped to was $22.05. The 52-week range on SATS shows that it touched its highest point at $30.08 and its lowest point at $11.83 during that stretch. It currently has a 1-year price target of $23.83. Beta for the stock currently stands at 0.70.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SATS was down-trending over the past week, with a drop of -4.42%, but this was down by -3.73% over a month. Three-month performance dropped to -10.42% while six-month performance rose 32.23%. The stock gained 61.38% in the past year, while it has gained 36.93% so far this year. A look at the trailing 12-month EPS for SATS yields -8.48 with Next year EPS estimates of -3.22. For the next quarter, that number is -0.51. This implies an EPS growth rate of 68.85% for this year and -64.63% for next year.

Float and Shares Shorts:

At present, 140.48 million SATS shares are outstanding with a float of 118.84 million shares on hand for trading. On 2024-11-29, short shares totaled 13.57 million, which was 473.99997999999994 higher than short shares on 1730332800. In addition to Mr. Hamid Akhavan-Malayeri as the firm’s CEO, President & Director, Mr. Dean A. Manson serves as its Chief Legal Officer & Secretary.

Institutional Ownership:

Through their ownership of 0.81227 of SATS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SATS reported revenue of $3890984000.0 and operating income of -$160767000.0. The EBITDA in the recently reported quarter was $321326000.0 and diluted EPS was -$0.52.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SATS since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SATS analysts setting a high price target of 34.0 and a low target of 15.0, the average target price over the next 12 months is 25.0. Based on these targets, SATS could surge 49.85% to reach the target high and fall by -33.89% to reach the target low. Reaching the average price target will result in a growth of 10.18% from current levels.

Analysts have provided yearly estimates in a range of -$1.83868 being high and -$2.18287 being low. For SATS, this leads to a yearly average estimate of -$1.95643. Based on analyst estimates, the high estimate for the next quarter is -$0.19 and the low estimate is -$1.65. The average estimate for the next quarter is thus -$0.86.