EchoStar Corp (NASDAQ: SATS): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

SATS belongs to the Technology sector of the NASDAQ while operating in the Communication Equipment industry. The current market capitalization of EchoStar Corp is $6.34B. A total of 1.9 million shares were traded on the day, compared to an average of 1.60M shares.

In the most recent transaction, ERGEN CHARLES W bought 1,551,355 shares of SATS for 28.04 per share on Nov 12 ’24. After the transaction, the CHAIRMAN now owns 1,551,355 company shares. In a previous transaction on Mar 08 ’24, DEFRANCO JAMES bought 110,000 shares at 13.48 per share. SATS shares that Director owns now total 306,951.

Among the insiders who bought shares, DEFRANCO JAMES acquired of 70,000 shares on Mar 06 ’24 at a per-share price of $13.14. This resulted in the Director holding 176,951 shares of SATS after the transaction. In another insider transaction, DEFRANCO JAMES bought 20,000 shares at $13.44 per share on Mar 07 ’24. Company shares held by the Director now total 196,951.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SATS has a high of $30.08 and a low of $11.83.

As of this writing, SATS has an earnings estimate of -$0.54 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of -$0.35 per share and a lower estimate of -$0.73.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SATS’s latest balance sheet shows that the firm has $1.55B in Cash & Short Term Investments as of fiscal 2021. There were $1.65B in debt and $460.12M in liabilities at the time. Its Book Value Per Share was $71.53, while its Total Shareholder’s Equity was $3.41B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SATS is Buy with a score of 3.75.

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