EchoStar Corp (NASDAQ: SATS) is -13.62% lower on its value in year-to-date trading and has touched a low of $14.79 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 $20.18 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $19.78, the stock is -12.31% and -18.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.57 million and changing -1.98% at the moment leaves the stock -18.05% off its SMA200. SATS registered 26.71% gain for a year compared to 6-month loss of -24.13%.
The stock witnessed a -12.01% gain in the last 1 month and extending the period to 3 months gives it a -31.03%, and is -17.31% 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 12.74% over the week and 5.90% over the month.
EchoStar Corp (SATS) has around 13700 employees, a market worth around $5.67B and $15.68B in sales. Profit margin for the company is -1.37%. Distance from 52-week low is 33.74% and -39.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.44%).
The EPS is expected to shrink by -815.23% this year.
EchoStar Corp (SATS) Top Institutional Holders
The shares outstanding are 155.26M, and float is at 133.91M with Short Float at 9.37%.
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 4.9967 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
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EchoStar Corp disclosed in a document filed with the SEC on Mar 06 ’25 that Manson Dean (CHIEF LEGAL OFFICER) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Mar 06 ’25 and was made at $30.05 per share for $0.15 million. Following the transaction, the insider now directly holds 2332.0 shares of the SATS stock.
Still, SEC filings show that on Mar 06 ’25, Manson Dean (Officer) Proposed Sale 5,000 shares at an average price of $30.05 for $0.15 million. The insider now directly holds shares of EchoStar Corp (SATS).
