With 1.41 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.56 million shares. The 52-week range on SATS shows that it touched its highest point at $30.55 and its lowest point at $11.83 during that stretch. It currently has a 1-year price target of $29.50. Beta for the stock currently stands at 0.68.
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 -3.33%, but this was up by 7.09% over a month. Three-month performance surged to 23.08% while six-month performance rose 48.62%. The stock gained 128.97% in the past year, while it has gained 26.68% so far this year. A look at the trailing 12-month EPS for SATS yields -8.48 with Next year EPS estimates of -3.11. For the next quarter, that number is -0.56. This implies an EPS growth rate of 67.61% for this year and -52.86% for next year. EPS is expected to grow by 14.06% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -71.75%.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.47547 being high and -$2.48662 being low. For SATS, this leads to a yearly average estimate of -$2.05327. Based on analyst estimates, the high estimate for the next quarter is -$0.73 and the low estimate is -$1.65. The average estimate for the next quarter is thus -$1.19.
