Skip to Content

EchoStar Corp Class A SATS

Morningstar Rating
$19.64 +0.19 (0.98%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

EchoStar Is Increasingly at the Mercy of the Capital Markets

EchoStar primarily consists of Dish Network assets following the firms’ merger, which closed at the end of 2023 and left EchoStar as the surviving entity. Dish has made a massive bet on wireless spectrum, spending about $30 billion (more than $100 per EchoStar share) to acquire various spectrum licenses over the past 15 years. The Dish/EchoStar merger pushes the wireless effort toward the enterprise and wholesale telecom markets, which makes sense given the maturity of the traditional smartphone wireless market. Still, the firm faces a highly uncertain future as it seeks to carve out a niche.

Price vs Fair Value

SATS is trading at a 791% premium.
Price
$19.44
Fair Value
$74.00
Uncertainty
Extreme
1-Star Price
$66.00
5-Star Price
$6.00
Economic Moat
Wqql
Capital Allocation
Dtnj

Bulls Say, Bears Say

Bulls

Additional wireless spectrum will be needed to meet exploding demand for wireless data services. As carriers struggle to add capacity efficiently, the value of EchoStar's largely fallow spectrum will increase.

Bears

After more than a decade, EchoStar has yet to put a viable wireless network or business strategy in place.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SATS is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$19.45
Day Range
$19.3019.81
52-Week Range
$9.5424.75
Bid/Ask
$19.62 / $19.64
Market Cap
$5.34 Bil
Volume/Avg
266,510 / 1.2 Mil

Key Statistics

Price/Earnings (Normalized)
84.61
Price/Sales
0.26
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Following the Dish Network merger, satellite television provides the bulk of EchoStar’s revenue. The firm serves about 6 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar’s future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 7 million customers, primarily under the Boost brand. EchoStar’s legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.
Sector
Technology
Industry
Communication Equipment
Stock Style Box
Small Value
Total Number of Employees
15,300

Competitors

Valuation

Metric
SATS
VZ
TMUS
Price/Earnings (Normalized)
84.618.3921.50
Price/Book Value
0.271.723.37
Price/Sales
0.261.232.69
Price/Cash Flow
2.014.208.03
Price/Earnings
SATS
VZ
TMUS

Financial Strength

Metric
SATS
VZ
TMUS
Quick Ratio
0.260.520.73
Current Ratio
0.440.710.94
Interest Coverage
−11.983.724.42
Quick Ratio
SATS
VZ
TMUS

Profitability

Metric
SATS
VZ
TMUS
Return on Assets (Normalized)
−4.30%4.57%4.83%
Return on Equity (Normalized)
−11.23%18.50%15.54%
Return on Invested Capital (Normalized)
−5.41%7.87%7.04%
Return on Assets
SATS
VZ
TMUS
See how this stock stacks up to its competitors with Morningstar Investor

Communication Equipment Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Cisco Systems Inc
CSCO
DmtkjzwsrDsdg$188.6 Bil
Motorola Solutions Inc
MSI
ZdyjjszwzHngq$66.1 Bil
Hewlett Packard Enterprise Co
HPE
BxynsxwdRsdd$26.8 Bil
Telefonaktiebolaget L M Ericsson Class B
ERIXF
VPRwjp$22.4 Bil
Telefonaktiebolaget L M Ericsson ADR
ERIC
DvpmwrqhTnm$22.4 Bil
Nokia Oyj
NOKBF
Ydwq$20.7 Bil
Nokia Oyj ADR
NOK
QbhvybffZkzc$20.7 Bil
ZTE Corp Class H
ZTCOF
Qgmlx$17.2 Bil
Zebra Technologies Corp Class A
ZBRA
QjmykpznTtlpcp$16.8 Bil

Sponsor Center