EchoStar Corp (NASDAQ: SATS) is -8.65% lower on its value in year-to-date trading and has touched a low of $13.00 and a high of $32.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SATS stock was last observed hovering at around $21.21 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $20.92, the stock is -17.18% and -23.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.16 million and changing -1.37% at the moment leaves the stock -11.62% off its SMA200. SATS registered 57.29% gain for a year compared to 6-month gain of -10.18%. The firm has a 50-day simple moving average (SMA 50) of $27.4042 and a 200-day simple moving average (SMA200) of $23.66925.
The stock witnessed a -16.92% loss in the last 1 month and extending the period to 3 months gives it a -10.33%, and is -16.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.28% over the week and 5.82% over the month.
EchoStar Corp (SATS) has around 13700 employees, a market worth around $5.99B and $15.83B in sales. Profit margin for the company is -0.76%. Distance from 52-week low is 60.92% and -35.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.24%).
with sales reaching $3.87B over the same period.The EPS is expected to shrink by -587.79% this year, but quarterly earnings will post -2.36% year-over-year. Quarterly sales are estimated to shrink -3.58% in year-over-year returns.
EchoStar Corp (SATS) Top Institutional Holders
373.0 institutions hold shares in EchoStar Corp (SATS), with institutional investors hold 107.89% of the company’s shares. The shares outstanding are 155.05M, and float is at 131.68M with Short Float at 12.42%. Institutions hold 93.11% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.18 million shares valued at $341.68 million. The investor’s holdings represent 7.0639% of the SATS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.57 million shares valued at $241.69 million to account for 4.9981 of the shares outstanding. The other top investors are DODGE & COX which holds 13.56 million shares representing 4.9944% and valued at over $241.58 million, while REDWOOD CAPITAL MANAGEMENT, LLC holds 2.1782 of the shares totaling 5.92 million with a market value of $105.36 million.
EchoStar Corp (SATS) Insider Activity
The most recent transaction is an insider sale by Manson Dean, the company’s CHIEF LEGAL OFFICER. SEC filings show that Manson Dean sold 5,000 shares of the company’s common stock on Mar 06 ’25 at a price of $30.05 per share for a total of $0.15 million. Following the sale, the insider now owns 2332.0 shares.
Still, SEC filings show that on Feb 28 ’25, Messner Timothy A. (Officer) Proposed Sale 24,331 shares at an average price of $31.01 for $0.75 million. The insider now directly holds shares of EchoStar Corp (SATS).
