With 1.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.83 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 $29.50. Beta for the stock currently stands at 0.81.
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 -8.00%, but this was down by -10.28% over a month. Three-month performance dropped to -28.58% while six-month performance fell -13.62%. The stock gained 10.90% in the past year, while it has lost -11.62% so far this year. A look at the trailing 12-month EPS for SATS yields -0.82 with Next year EPS estimates of -5.10. For the next quarter, that number is -1.01. This implies an EPS growth rate of -839.60% for this year and -23.29% 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. Based on analyst estimates, the high estimate for the next quarter is -$1.04 and the low estimate is -$1.33. The average estimate for the next quarter is thus -$1.19.
