With 2.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.87 million shares. The 52-week range on SATS shows that it touched its highest point at $32.48 and its lowest point at $14.79 during that stretch. It currently has a 1-year price target of $29.33. Beta for the stock currently stands at 0.84.
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 -3.31%, but this was up by 5.84% over a month. Three-month performance dropped to -20.06% while six-month performance rose 2.77%. The stock gained 39.64% in the past year, while it has gained 2.14% so far this year. A look at the trailing 12-month EPS for SATS yields -0.82 with Next year EPS estimates of -4.64. For the next quarter, that number is -0.94. This implies an EPS growth rate of -777.41% for this year and -20.11% for next year.
Float and Shares Shorts:
At present, 155.26 million SATS shares are outstanding with a float of 132.38 million shares on hand for trading.
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.
