The Street Is Finally Waking Up To EchoStar Corp (NASDAQ: SATS)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

EchoStar Corp is listed on the NASDAQ as a member of the Technology sector and is a part of the Communication Equipment industry. The current market capitalization of EchoStar Corp is $7.52B. A total of 1.97 million shares were traded on the day, compared to an average of 1.75M 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on 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

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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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