EchoStar Corporation (SATS): Facts to know about SATS?

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EchoStar Corporation (NASDAQ:SATS) changes shares on Friday trading session, with a change of -1.59% or -$0.44 shares. The trading starts at $27.50 and closed at $27.63 throughout the day. The trading session low price was $26.61 and day high was $27.81 on Friday, June 26. After the session, the Technology sector daily volume shifted to 0.55 million while its average volume is 373.40K. In other hand, the SATS market cap reached to $2.74B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.33% and down -12.35% for month. Its quarterly performance was -15.22% below, while its half year performance is down -38.43%. SATS yearly performance stood at negative -21.69% and fall -37.22% for year-to-date. Current recommendation for EchoStar Corporation is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SATS EPS (TTM) for 12-month is -1.55. EPS for this year is 24.10%, while for the next year its value is -0.60. Its EPS Q/Q reached -949.50%. It has an EPS of -21.00% down for past five years and for the next five years will be up 5.00%.

Edgepoint Investment Group Inc., Vanguard Group, Inc. (The) and Renaissance Technologies, LLC are the top three holders in EchoStar Corporation (SATS) stock. On Mar 30, 2020, Edgepoint Investment Group Inc. has 5.63 million shares which valued 180.13 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 4.56 million shares which valued at 145.78 million. On Mar 30, 2020, Renaissance Technologies, LLC has a total of 3.7 million shares which valued at 118.4 million. In the end, Renaissance Technologies, LLC have 7.38% shares outstanding of EchoStar Corporation (SATS) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 90.80%.

The company posted an EPS (TTM) of -1.55. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.21, while -0.06 EPS posted a year ago period. Analyst Estimated EPS for SATS published in the report was -0.3–0.11 during the same period. Comparing with last year, the average estimated EPS was -0.06 which is higher than -0.56 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SATS fall -25.26% for period of 200 days. SMA for 50 days was -10.63% which is showing red signal, while SMA-20 was -12.48%. The moving average value for EchoStar Corporation (SATS) is 34.95 and 30.26 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SATS stock. On May 14, SCHROEDER C MIKE, Director, sold 5,000 trading shares at the cost of $26.95, which valued at 0.13 million. On Nov 27, KAUL PRADMAN P, President-Hughes Comm. Inc, sold 1,321 shares at the cost of $42.27, with total shares of 0. On Nov 13, DUGAN MICHAEL T, CEO and President, sold 55,945 shares at the cost of 40.77. After this transaction, DUGAN MICHAEL T total shares reached to 42,279 which valued at 2.28 million.