EchoStar Corp (NASDAQ: SATS) has seen a decline in its stock price by -0.66 in relation to its previous close of 22.90. However, the company has experienced a -1.17% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-23 that SATS, a Singapore-based aviation services provider, offers catering, cargo handling, and passenger services, benefiting from growing air travel demand without airline volatility or airport CapEx burdens. FY24 revenues surged to S$5.15 billion, driven by the World Freight Services acquisition, expanding SATS’s presence to Europe, Brazil, South Africa, and the US. Risks include macroeconomic downturns and potential loss of concessions; low OTC trading volume suggests investing via the Singapore Stock Exchange for better liquidity.
Is It Worth Investing in EchoStar Corp (NASDAQ: SATS) Right Now?
The 36-month beta value for SATS is also noteworthy at 0.71. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SATS is 118.92M, and at present, short sellers hold a 12.39% of that float. The average trading volume of SATS on January 03, 2025 was 1.68M shares.
SATS’s Market Performance
SATS stock saw a decrease of -1.17% in the past week, with a monthly decline of -9.72% and a quarterly a decrease of -6.61%. The volatility ratio for the week is 3.66%, and the volatility levels for the last 30 days are 3.83% for EchoStar Corp (SATS). The simple moving average for the last 20 days is -1.85% for SATS stock, with a simple moving average of 12.77% for the last 200 days.
Analysts’ Opinion of SATS
Many brokerage firms have already submitted their reports for SATS stocks, with Morgan Stanley repeating the rating for SATS by listing it as a “Equal-Weight.” The predicted price for SATS in the upcoming period, according to Morgan Stanley is $25 based on the research report published on December 16, 2024 of the previous year 2024.
JP Morgan gave a rating of “Underweight” to SATS, setting the target price at $12 in the report published on August 12th of the previous year.
SATS Trading at -5.16% from the 50-Day Moving Average
After a stumble in the market that brought SATS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.36% of loss for the given period.
Volatility was left at 3.83%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares sank -7.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.56% lower at present.
During the last 5 trading sessions, SATS fell by -1.17%, which changed the moving average for the period of 200-days by +79.13% in comparison to the 20-day moving average, which settled at $23.18. In addition, EchoStar Corp saw -0.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SATS starting from ERGEN CHARLES W, who purchase 1,551,355 shares at the price of $28.04 back on Nov 12 ’24. After this action, ERGEN CHARLES W now owns 1,551,355 shares of EchoStar Corp, valued at $43,499,994 using the latest closing price.
DEFRANCO JAMES, the Director of EchoStar Corp, purchase 110,000 shares at $13.48 during a trade that took place back on Mar 08 ’24, which means that DEFRANCO JAMES is holding 306,951 shares at $1,482,800 based on the most recent closing price.
Stock Fundamentals for SATS
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.21 for the gross margin
The net margin for EchoStar Corp stands at -0.08. The total capital return value is set at 0.0. Equity return is now at value -19.12, with -6.90 for asset returns.
Based on EchoStar Corp (SATS), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 2.97. The interest coverage ratio of the stock is 0.11.
Currently, EBITDA for the company is -247.35 million with net debt to EBITDA at 100.4. When we switch over and look at the enterprise to sales, we see a ratio of 2.22. The receivables turnover for the company is 25.07for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
In summary, EchoStar Corp (SATS) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
