Echostar (NASDAQ:SATS) Receives Media Impact Score of 0.10

Media coverage about Echostar (NASDAQ:SATS) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Echostar earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.7358313078394 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Echostar stock traded down $1.33 during trading on Thursday, hitting $55.38. The company had a trading volume of 32,041 shares, compared to its average volume of 154,178. The company has a debt-to-equity ratio of 0.86, a current ratio of 8.98 and a quick ratio of 8.78. Echostar has a 12 month low of $52.11 and a 12 month high of $62.50. The stock has a market capitalization of $5,404.98, a PE ratio of 66.35, a PEG ratio of 3.10 and a beta of 0.76.

Echostar (NASDAQ:SATS) last released its quarterly earnings data on Thursday, February 22nd. The communications equipment provider reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). Echostar had a net margin of 20.82% and a return on equity of 2.06%. The business had revenue of $506.05 million for the quarter, compared to analysts’ expectations of $508.33 million. During the same period last year, the business earned $0.40 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. research analysts anticipate that Echostar will post 0.98 earnings per share for the current fiscal year.

A number of equities research analysts have recently commented on SATS shares. TheStreet raised Echostar from a “c+” rating to a “b-” rating in a research note on Tuesday, February 27th. Zacks Investment Research raised Echostar from a “hold” rating to a “buy” rating and set a $67.00 target price on the stock in a research note on Tuesday, February 27th. Citigroup increased their target price on Echostar from $71.00 to $76.00 and gave the stock a “buy” rating in a research note on Monday, February 26th. BidaskClub raised Echostar from a “sell” rating to a “hold” rating in a research note on Saturday, December 30th. Finally, Jefferies Group set a $70.00 target price on Echostar and gave the stock a “hold” rating in a research note on Friday, December 1st. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $71.00.

In other news, CFO David Rayner sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $58.76, for a total value of $235,040.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Michael T. Dugan sold 1,800 shares of the firm’s stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $62.11, for a total value of $111,798.00. Following the completion of the transaction, the chief executive officer now directly owns 26,746 shares in the company, valued at approximately $1,661,194.06. The disclosure for this sale can be found here. Insiders sold 18,381 shares of company stock worth $1,105,920 over the last three months. Insiders own 73.54% of the company’s stock.

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About Echostar

EchoStar Corporation is a holding company. The Company is a provider of satellite operations, video delivery solutions, digital set-top boxes, and broadband satellite technologies and services for home and office, delivering network technologies, managed services, and solutions for enterprises and governments.

Insider Buying and Selling by Quarter for Echostar (NASDAQ:SATS)

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