News stories about Echostar (NASDAQ:SATS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Echostar earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the communications equipment provider an impact score of 45.9187712057404 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
SATS has been the topic of several research analyst reports. Zacks Investment Research upgraded Echostar from a “hold” rating to a “strong-buy” rating and set a $65.00 price objective on the stock in a research note on Friday, November 10th. Jefferies Group set a $70.00 price objective on Echostar and gave the stock a “hold” rating in a research note on Friday, December 1st. Finally, BidaskClub upgraded Echostar from a “sell” rating to a “hold” rating in a research note on Saturday, December 30th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Echostar currently has an average rating of “Buy” and a consensus target price of $68.33.
Echostar (NASDAQ SATS) opened at $61.78 on Friday. Echostar has a one year low of $50.30 and a one year high of $62.50. The stock has a market capitalization of $5,859.39, a price-to-earnings ratio of 49.82, a P/E/G ratio of 3.21 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a quick ratio of 8.40 and a current ratio of 8.61.
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.
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