에 대한 최신 뉴스 EchoStar (NASDAQ:SATS) 주식

EchoStar

Satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million US 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 has agreed to sell this business to television rival DirecTV. The firm's focus is now on the wireless market. EchoStar has amassed an extensive portfolio of spectrum licenses 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.

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금요일 아침 (현지 시간 기준) 미국 주식 선물이 상승하면서 오늘 투자자의 관심을 끌 수 있는 일부 주식은 다음과 같다:  월스트리트는 에코스타 코퍼레이션(NASDAQ:SATS)이 개장 전에 39억 8천만 달러의 매출과 주당 25센트의 분기 손실을 보고할 것으로 예상하고 있다. 에코스타의 주가는 시간외 거래에서 0.4% 하락한 20.00달러를 기록했다.

금요일 주목해야 할 주식: 테이크투 인터랙티브, 에코스타, 닥시미티 그리고 2종목

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미국의 금리가 20년 넘게 유지되는 동안 투자자들은 이익을 창출하고 주식과 부동산을 다양화 하는 고수익 기업채의 영역으로 눈을 돌리고 있습니다. 



투자자들은 이익을 창출하고 있으며, 지난 2023년 10월에 관찰된 최저치에서 10% 증가한 금액으로 급등하고 있습니다. 



채권에 대한 관점에서 살펴보면, 이자율과 가격은 반대 방향으로 움직이며, 이는 이자율이 상승함에 따라 가격이

2024년 4월, 수익률 20% 이상인 미국 고수익 회사채 상위 10개

EchoStar Corp

SATS (Ordinals) - United States Dollar

SATS Ltd

SATSUMA PHARMACEUTICALS INC COM

Throughout the last three months, 4 analysts have evaluated EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $21.0, a high estimate of $37.00, and a low estimate of $12.00. This current average reflects an increase of 7.69% from the previous average price target of $19.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1727805648_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive EchoStar. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Benjamin Swinburne</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$37.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Philip Cusick</td>
<td>JP Morgan</td>
<td>Maintains</td>
<td>Underweight</td>
<td>$12.00</td>
<td>$12.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to EchoStar. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of EchoStar compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for EchoStar's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of EchoStar's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SATS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on EchoStar analyst ratings.</a>
<h2>Get to Know EchoStar Better</h2>
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million us 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.
<h3>Key Indicators: EchoStar's Financial Health</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: EchoStar's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -9.27%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: EchoStar's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -5.2%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.04%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): EchoStar's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.37%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.27, EchoStar adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

4 Analysts Assess EchoStar: What You Need To Know

Raymond James analyst Ric Prentiss downgrades EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) from Strong Buy to Market Perform.

Downgrades

Raymond James Downgrades EchoStar to Market Perform

<h3>Gainers</h3>
<ul>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) shares increased by 126.1% to $2.85 during Monday's regular session. The market value of their outstanding shares is at $18.4 million. </li>
<li>36KR Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRKR#NASDAQ">KRKR</a>) stock rose 22.25% to $0.29. The market value of their outstanding shares is at $11.3 million. </li>
<li>9F (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFU#NASDAQ">JFU</a>) stock rose 20.0% to $2.76. The company's market cap stands at $32.4 million. </li>
<li>HWH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWH#NASDAQ">HWH</a>) stock moved upwards by 17.31% to $0.82. The company's market cap stands at $13.3 million. </li>
<li>NIP Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIPG#NASDAQ">NIPG</a>) shares moved upwards by 15.93% to $8.19. The company's market cap stands at $460.3 million. </li>
<li>iHuman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IH#NYSE">IH</a>) stock increased by 13.92% to $2.34. The market value of their outstanding shares is at $122.9 million. As per the press release, Q2 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>VS Media Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) stock fell 18.4% to $0.8 during Monday's regular session. The market value of their outstanding shares is at $2.6 million. </li>
<li>EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) stock declined by 12.13% to $24.64. The market value of their outstanding shares is at $6.6 billion. </li>
<li>Snail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNAL#NASDAQ">SNAL</a>) stock declined by 9.22% to $0.69. The market value of their outstanding shares is at $25.2 million. </li>
<li>E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) shares declined by 8.3% to $2.15. The company's market cap stands at $184.0 million. </li>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) stock fell 8.17% to $1.35. The company's market cap stands at $4.6 million. </li>
<li>Motorsport Games (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) shares decreased by 8.14% to $1.58. The company's market cap stands at $6.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Monday's Intraday Session

Management

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Live On CNBC, EchoStar CEO Hamid Akhavan Discusses Wireless Business

WIIM

EchoStar shares are trading lower. The company announced DirecTV will acquire its video business including Dish TV for a $11.7 billion debt exchange deal.

EchoStar Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) shares are trading lower. The company on Monday announced that DirecTV will acquire its <a href="https://www.benzinga.com/pressreleases/24/09/n41088487/directv-to-acquire-echostars-video-distribution-business-including-dish-tv-and-sling-tv">video distribution business</a>.
What Happened: EchoStar and DirecTV entered into a definitive agreement in which DirecTV will acquire EchoStar&#8217;s video distribution business, including DISH TV and Sling TV, through a debt exchange transaction.
&#8220;This agreement is in the best interests of EchoStar&#8217;s customers, shareholders, bondholders, employees, and partners,&#8221; said&nbsp;Hamid Akhavan, president and CEO of EchoStar. 
&#8220;With an improved financial profile, we will be better positioned to continue enhancing and deploying our nationwide 5G Open RAN&nbsp;wireless network. This will provide U.S. wireless consumers with more choices and help to drive innovation at a faster pace. We expect DISH and EchoStar bondholders to benefit from two companies with stronger financial profiles and more sustainable capital structures.&#8221;
Under terms of the agreement, <a href="https://www.benzinga.com/m-a/24/09/41089650/at-t-gets-major-exit-cue-as-directv-clinches-dish-deal">DirecTV </a>will acquire EchoStar&#8217;s video business for a nominal consideration of $1 plus the assumption of Dish DBS net debt. Dish and DirecTV have commenced an exchange offer for five different series of Dish DBS notes with a total face value of approximately&nbsp;$9.75 billion. The transaction is expected to close in the fourth quarter of 2025.
See Also: <a href="https://www.benzinga.com/news/24/09/40826886/t-mobile-sends-first-wireless-emergency-alert-via-spacexs-starlink-satellites-in-space">T-Mobile Sends First Wireless Emergency Alert Via SpaceX&#8217;s Starlink Satellites In Space</a>
The combined offerings are expected to give consumers more choice and better value. The combined video company is expected to allow programmers to deliver packages at lower prices, bring together multiple content sources in one place, have enhanced ability to invest to improve its services, and help realize efficiencies of shared infrastructure.
The transaction is also expected to benefit U.S. wireless consumers by allowing EchoStar to focus on enhancing and further deploying its 5G Open RAN cloud-native wireless network. 
EchoStar also announced that TPG Angelo Gordon and certain co-investors have provided&nbsp;$2.5 billion&nbsp;of financing. All holders of Dish convertible notes will have the opportunity to exchange their notes for new secured notes and secured convertible notes of EchoStar maturing in 2030.&nbsp;
In addition, certain members of the Dish supporting investors and a related party of&nbsp;chairman Charles Ergen have entered into a commitment agreement in which EchoStar will issue&nbsp;$5.1 billion&nbsp;of new senior secured notes maturing in 2029 for cash.
The&nbsp;$5.1 billion&nbsp;new money financing from the Supporting Investors will provide EchoStar with significant capital for the buildout of its Boost Mobile nationwide 5G Open RAN network.&nbsp;
&#8220;With an improved financial profile and a unique approach, we expect to gain&nbsp;share, drive shareholder value, and provide more options for U.S. wireless consumers. Our collaboration with our existing stakeholders to achieve this holistic recapitalization solution at EchoStar is a testament to their continued support of our vision, and we greatly appreciate their partnership and continued investment in our mission,&#8221; Akhaven said.
SATS Price Action: <a href="http://benzinga.com/quote/sats">EchoStar shares</a> were down 15.2% at $23.84 at the time of publication Monday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Contracts

EchoStar Stock Dives On DirecTV, Dish Deal: The Details

DIRECTV (the "Company") and EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) today announced that they have entered into a definitive agreement under which DIRECTV will acquire EchoStar's video distribution business DISH DBS ("DISH"), including DISH TV and Sling TV, through a debt exchange transaction. The combination of DIRECTV and DISH will benefit U.S. video consumers by creating a more robust competitive force in a video industry dominated by streaming services owned by large tech companies and programmers. The transaction will provide consumers with compelling video options while separately improving EchoStar's financial profile as it continues to enhance and further deploy its nationwide 5G Open RAN wireless network.
"DIRECTV operates in a highly competitive video distribution industry," said Bill Morrow, Chief Executive Officer, DIRECTV. "With greater scale, we expect a combined DIRECTV and DISH will be better able to work with programmers to realize our vision for the future of TV, which is to aggregate, curate, and distribute content tailored to customers' interests, and to be better positioned to realize operating efficiencies while creating value for customers through additional investment."
"This agreement is in the best interests of EchoStar's customers, shareholders, bondholders, employees, and partners," said Hamid Akhavan, President and Chief Executive Officer, EchoStar. "With an improved financial profile, we will be better positioned to continue enhancing and deploying our nationwide 5G Open RAN&nbsp;wireless network. This will provide U.S. wireless consumers with more choices and help to drive innovation at a faster pace. We expect DISH and EchoStar bondholders to benefit from two companies with stronger financial profiles and more sustainable capital structures."
"DIRECTV was founded 30 years ago to give consumers greater choices than incumbent cable companies for video content, and the Company's acquisition of DISH TV and Sling TV positions it to again provide more choices and better value in an industry currently dominated by large streaming platforms," said David Trujillo and John Flynn, Partners at TPG. "Our ability to execute these transactions, alongside our proposed acquisition of AT&amp;T's 70% stake in DIRECTV announced earlier today, exemplifies the unique capabilities of the TPG platform and our experienced sector-focused investment approach as we support DIRECTV's continued investment in innovating the next generation of video services that benefit consumers."
Compelling Transaction Benefits
A combination of DIRECTV and DISH will help the new company provide consumers with more choices and better value. The combined video company is expected to:
<ul>
<li>Have increased scale to incentivize programmers to allow DIRECTV to deliver smaller packages at lower price points. &nbsp;</li>
<li>Be better positioned to bring together multiple content sources in one easily accessible place. &nbsp;</li>
<li>Have an enhanced ability to make the investments required to improve its streaming services. &nbsp;</li>
<li>Improve the viability of the satellite platform by realizing efficiencies of some shared fixed infrastructure and operating expenses. &nbsp;</li>
<li>Continue to provide the broadest array of programming and diverse voices available on pay TV, including local news.</li>
</ul>
The transaction will also benefit U.S. wireless consumers by allowing EchoStar to focus on enhancing and further deploying its 5G Open RAN cloud-native wireless network. This transaction will:
<ul>
<li>Alleviate a material portion of EchoStar's financial constraints. &nbsp;</li>
<li>Free up operational and financial resources that EchoStar can dedicate to its mission of deploying a nationwide facilities-based wireless service to compete with dominant incumbent wireless carriers.&nbsp; &nbsp;</li>
<li>Benefit consumers by enabling EchoStar (through its Boost Mobile brand) to strengthen its position as the fourth facilities-based carrier in the U.S. &nbsp;</li>
<li>Enable EchoStar to further leverage its satellite assets and experience, including developing innovative direct-to-device (D2D) solutions.&nbsp;</li>
</ul>
Highly Competitive Industry
The video distribution industry has undergone a massive transformation and is highly competitive, now dominated by streaming services owned by large tech companies and programmers.
<ul>
<li>Streaming services owned by large tech companies and programmers now have subscription numbers that far exceed those of pay TV distributors. &nbsp;</li>
<li>Content that was historically the mainstay of traditional pay TV – news, sports, and entertainment – is now available exclusively or first-run on direct-to-consumer streaming services. &nbsp;</li>
<li>The vast majority of consumers who leave satellite video are "cutting the cord" for streaming services – wherever they live.&nbsp;
<ul>
<li>Combined, DIRECTV and DISH have collectively lost 63% of their satellite customers since 2016. &nbsp;</li>
<li>Traditional pay TV penetration in U.S. households is now less than 50%.</li>
</ul>
</li>
</ul>
Improve Both Companies' Financial Profiles
The transaction is expected to strengthen the financial profiles of DIRECTV and EchoStar, creating opportunities for additional investment.
<ul>
<li>Upon transaction close, DIRECTV expects to have a leverage position&nbsp;just over 2.0x, and plans to reduce to under 2.0x within 12 months, consistent with its stated 1.5x - 2.0x financial policy on a pro forma basis.&nbsp;As a result, DIRECTV will have one of the best leverage profiles in the pay TV industry. &nbsp; &nbsp;</li>
<li>DIRECTV estimates that the combination of DIRECTV and DISH has the potential to generate cost synergies of at least $1 billion per annum. These synergies are expected to be achieved by the third anniversary of closing, assuming the closing is in late 2025.1 &nbsp;</li>
<li>The transaction will provide EchoStar with greater financial flexibility by improving its access to capital and reducing overall refinancing needs.
<ul>
<li>At close, EchoStar will have reduced its total consolidated debt&nbsp;(excluding financing leases and other notes payable)&nbsp;by&nbsp;approximately&nbsp;$11.7 billion and reduced its consolidated refinancing needs through 2026 by&nbsp;approximately&nbsp;$6.7 billion&nbsp;(excluding financing leases and other notes payable). &nbsp;</li>
<li>The transaction, in conjunction with the exchange offer announced today (the "Exchange Offer"), will also result in the termination of all Intercompany Obligations between DISH Network and DISH DBS and creates the ability for EchoStar to fully unencumber the 3.45-3.55 GHz spectrum, unlocking incremental strategic and operating flexibility.</li>
</ul>
</li>
</ul>
Transaction Details
Under the terms of the purchase agreement, DIRECTV will acquire EchoStar's video distribution business, including DISH TV and Sling TV, in exchange for a nominal consideration of $1 plus the assumption of DISH DBS net debt. DISH Network will also benefit from the releases of a substantial amount of intercompany receivables, including spectrum, but will have contractually limited access to the cash flow generated by its business between signing and closing. DISH DBS and DIRECTV have commenced the Exchange Offer for five different series of DISH DBS notes with a total face value of approximately $9.75 billion, including seeking certain consents from the holders of such notes to facilitate the acquisition. The indentures governing the new DISH DBS&nbsp;notes will provide for an amendment without the consent of holders of the new DISH DBS notes to allow for the mandatory exchange of such notes following receipt of certain regulatory approvals and provided the acquisition has been or will be consummated before the outside date described in the purchase agreement, into a reduced principal amount of DIRECTV debt which will have terms and collateral that mirror DIRECTV's existing secured debt. Such mandatory exchange is conditioned, amongst other things, on an aggregate reduction in the principal amount of DISH DBS' notes in such exchange of at least $1.568 billion. If noteholders do not accept the Exchange Offer on terms satisfactory to DIRECTV, including to the extent the above mentioned minimum principal reduction is not achieved, it has the right to terminate the acquisition without closing.
The transaction is subject to various closing conditions, including, but not limited to, a requisite amount of the outstanding DISH DBS notes being tendered into the Exchange Offer, completion of a pre-closing reorganization, and receipt of required regulatory approvals.
In addition, TPG Angelo Gordon and certain of its Co-Investors, as well as DIRECTV, provided $2.5 billion of financing to fully refinance DISH DBS' November 2024 debt maturity. The proceeds of the funding will be distributed to DISH DBS via a secured intercompany loan to fully repay DISH DBS' November 2024 debt maturity and for general corporate purposes. The financing can be exchanged or refinanced into DIRECTV debt at the closing of the acquisition.
"We built our business to provide bespoke financing solutions. We are pleased to partner with DIRECTV and DISH DBS on a transaction that is value-enhancing for all stakeholders," said Ryan Mollett, Partner, and Michael Ginnings, Managing Director, TPG Angelo Gordon.
Leadership and Corporate Governance
Upon closing of this transaction, DIRECTV will be led by a proven management team that reflects the strengths and capabilities of both organizations. DIRECTV will continue to be led by&nbsp;Bill Morrow, DIRECTV's Chief Executive Officer, and Ray Carpenter, DIRECTV's Chief Financial Officer. The combined company will be headquartered in El Segundo, California.
TPG Inc. to Acquire AT&amp;T's 70% Stake in DIRECTV
TPG Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>) and AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) today announced a definitive agreement under which TPG will acquire from AT&amp;T the remaining 70% stake in DIRECTV that it does not already own. TPG will invest in DIRECTV through TPG Capital, the firm's U.S. and European private equity platform. The transaction between TPG and AT&amp;T is expected to close in the second half of 2025, subject to customary closing conditions. Completion of this transaction is not contingent on DIRECTV's acquisition of DISH.

DIRECTV to Acquire EchoStar's Video Business Including DISH TV in $11.7B Debt Exchange Deal

EchoStar shares are trading higher after the WSJ reported DirecTV is near a deal to acquire the company's Dish and Sling businesses.

DirecTV and Dish Network are reportedly in advanced talks to merge, potentially creating the largest U.S. pay-TV provider, with around 20 million subscribers. If completed, the deal could be announced in the coming days, the Wall Street Journal reported.
According to <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-09-26/directv-dish-are-said-close-to-clinching-merger-agreement" rel="noreferrer noopener">Bloomberg</a>, DirecTV, owned by AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and TPG Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>), will control the newly formed entity, though details are still under negotiation.
The two companies have been steadily losing customers, with viewers opting for cheaper, more flexible streaming services such as Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
A merger would help DirecTV and EchoStar Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>), Dish&#8217;s owner, better compete with streaming services while addressing Dish&#8217;s rising debt levels.
Charlie Ergen, co-founder of Dish, has long sought this combination, though regulatory concerns hindered previous merger attempts. However, shifting from traditional pay TV to streaming may change regulators&#8217; stance.
According to the WSJ report, DirecTV currently <a target="_blank" href="https://www.wsj.com/business/media/directv-and-dish-near-deal-that-has-eluded-them-for-years-04238d00?mod=latest_headlines" rel="noreferrer noopener">serves</a> about 11 million customers, while Dish has 8 million, which is down significantly from its peak a decade ago.
The pay-TV industry has faced mounting challenges as viewers transition to streaming, with U.S. subscribers falling from 104 million in 2015 to less than 70 million in 2023. Both companies seek ways to cut costs and adapt to the rapidly evolving entertainment landscape.
A deal would also include Dish&#8217;s streaming brand, Sling TV, offering a broader range of services under the merged entity.
AT&amp;T previously spun off DirecTV in 2021, moving it into a joint venture with TPG. The telecom giant took a $15.5 billion impairment charge in 2020 to account for subscriber losses, while Dish has shifted focus to building a wireless network, accumulating debt in the process.
Regulatory hurdles remain a concern, particularly in rural areas where satellite TV has been a dominant service.
Price Action: At last check Friday, SATS stock was up 4.62% to $26.95&nbsp;during the premarket session. T stock was up 0.18% to $21.69.
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Image via DirecTV

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Struggling Satellite-TV Players DirecTV And Dish Merger Could Be Finalized Soon: WSJ

<a href="https://www.wsj.com/business/media/directv-and-dish-near-deal-that-has-eluded-them-for-years-04238d00" title="https://www.wsj.com/business/media/directv-and-dish-near-deal-that-has-eluded-them-for-years-04238d00">https://www.wsj.com/business/media/directv-and-dish-near-deal-that-has-eluded-them-for-years-04238d00</a>

The Wall Street Journal Reported Thursday, DirecTV Near Deal to Acquire EchoStar's Dish and Sling Businesses

U.S. stocks were mixed, with the Dow Jones index gaining around 200 points on Monday.
Shares of Alcoa Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) rose sharply during Monday's session after the company agreed to sell its 25.1% joint venture stake in Ma&#8217;aden for $1.1 billion, including $950 million <a href="https://www.benzinga.com/markets/equities/24/09/40873786/alcoa-pockets-1-1b-from-saudi-joint-venture-sale-details">in Ma&#8217;aden shares.</a>
Alcoa shares jumped 6.5% to $34.63 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Ascendis Pharma A/S (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NASDAQ">ASND</a>) shares jumped 19.8% to $142.76 after the company announced topline data from its pivotal approach trial of Transcon CNP (Navepegritide).</li>
<li>Bausch + Lomb Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NASDAQ">BLCO</a>) shares gained 15% to $17.86. Needham reiterated a Hold rating on Bausch &amp; Lomb.</li>
<li>Nuvalent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVL#NASDAQ">NUVL</a>) climbed 12.8% to $98.70 after the company highlighted results for its ROS1 and ALK-Positive NSCLC programs and accelerated its development timeline. Also, the company announced a $350 million public offering and multiple firms raised their respective price targets on the stock.</li>
<li>Fitell Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) gained 12.5% to $17.75.</li>
<li>JBDI Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBDI#NASDAQ">JBDI</a>) jumped 11.1% to $29.38.</li>
<li>Lattice Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) surged 10.3% to $49.46. Lattice Semiconductor appointed Ford Tamer as CEO, effective immediately.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) rose 8.4% to $26.33. Morgan Stanley, on Friday, raised its price target on the stock from $14 to $20.</li>
<li>Stratasys Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSYS#NASDAQ">SSYS</a>) rose 7.9% to $7.61 after the company authorized a share repurchase program of up to $50 million.</li>
<li>Corvus Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRVS#NASDAQ">CRVS</a>) gained 7.5% to $5.48. The announced it initiated the registrational Phase 3 clinical trial of Soquelitinib for patients with relapsed or refractory peripheral T-cell lymphoma.</li>
<li>Viasat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>) rose 6.3% to $13.57.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) rose 5.5% to $3.1650.</li>
<li>Sprouts Farmers Market, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFM#NASDAQ">SFM</a>) gained 4.2% to $106.42. Evercore ISI Group analyst Michael Morris upgraded Sprouts Farmers Market from In-Line to Outperform and raised the price target from $96 to $120.</li>
</ul>
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Alcoa, Lattice Semiconductor, Stratasys And Other Big Stocks Moving Higher On Monday

EchoStar shares are trading higher after Morgan Stanley raised its price target on the stock from $14 to $20.

Analysts' ratings for EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $21.0, a high estimate of $37.00, and a low estimate of $12.00. Witnessing a positive shift, the current average has risen by 7.69% from the previous average price target of $19.50.
<img src="https://www.benzinga.com/files/images/story/2024/1726228902_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive EchoStar. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Benjamin Swinburne</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$37.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Philip Cusick</td>
<td>JP Morgan</td>
<td>Maintains</td>
<td>Underweight</td>
<td>$12.00</td>
<td>$12.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to EchoStar. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of EchoStar compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for EchoStar's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of EchoStar's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SATS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on EchoStar analyst ratings.</a>
<h2>Get to Know EchoStar Better</h2>
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million us 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.
<h3>Breaking Down EchoStar's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining EchoStar's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -9.27% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Net Margin: EchoStar's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -5.2%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.04%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): EchoStar's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.37%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: EchoStar's debt-to-equity ratio is below the industry average. With a ratio of 1.27, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On EchoStar Through 4 Analysts

Morgan Stanley analyst Benjamin Swinburne maintains EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) with a Equal-Weight and raises the price target from $14 to $20.

Price Target

Morgan Stanley Maintains Equal-Weight on EchoStar, Raises Price Target to $20

U.S. stocks were mostly lower, with the Dow Jones index falling around 300 points on Thursday.
Shares of G-III Apparel Group, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) rose sharply during Thursday's session after the company reported better-than-expected second-quarter adjusted EPS results and issued its FY25 guidance above estimates.
G-III Apparel Group reported second-quarter adjusted earnings per share of 52 cents, beating the analyst consensus of 27 cents. Quarterly revenues of $644.75 million (down 2%) missed the street view of $649.44 million.
G-III Apparel Group shares surged 23.6% to $30.95 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) shares jumped 68.1% to $5.45 after the company entered agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors including NVIDIA and Related Companies.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) gained 14.9% to $21.15.</li>
<li>Larimar Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRMR#NASDAQ">LRMR</a>) climbed 13.5% to $8.81.</li>
<li>Uniti Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNIT#NASDAQ">UNIT</a>) rose 13.3% to $5.32.</li>
<li>Yext, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) climbed 13% to $5.56 after the company reported better-than-expected second-quarter adjusted EPS results and issued FY25 revenue guidance above estimates. Also, Needham upgraded the stock from Hold to Buy and announced an $8 price target.</li>
<li>Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>) rose 11.8% to $9.05 after the company announced the U.S. forest service has completed the final environmental impact statement and issued a draft record of decision authorizing the Stibnite gold project.</li>
<li>Vestis Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTS#NYSE">VSTS</a>) gained 11.7% to $15.28 following a report suggesting Elis SA made an offer to buy the company.</li>
<li>WK Kellogg Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLG#NYSE">KLG</a>) climbed 10.7% to $18.63.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) gained 10.4% to $4.6850 after the company reported second-quarter financial results and issued better-than-expected third-quarter outlook..</li>
<li>Shoe Carnival, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) rose 10% to $41.32 after the company reported better-than-expected second-quarter revenue results. Also, the company raised its FY24 guidance.</li>
<li>Primo Water Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRMW#NASDAQ">PRMW</a>) gained 9.4% to $23.92.</li>
<li>QuidelOrtho Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QDEL#NASDAQ">QDEL</a>) gained 8.5% to $43.79. Craig-Hallum analyst Alexander Nowak upgraded QuidelOrtho from Hold to Buy and raised the price target from $40 to $57.</li>
<li>Polestar Automotive Holding UK PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) gained 8.3% to $1.3095.</li>
<li>Myriad Genetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) gained 7.9% to $27.36.</li>
<li>Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) gained 7.8% to $26.83. Zeta Global priced $204.9 million public offering of 13.2 million class A common shares at $23.50 per share.</li>
<li>Sotera Health Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHC#NASDAQ">SHC</a>) gained 7.7% to $16.59. The company announced a secondary offering of 25 million shares.</li>
<li>Dollar Tree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) rose 6.2% to $67.52. Dollar Tree, on Wednesday, reported worse-than-expected second-quarter 2024 earnings.</li>
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G-III Apparel Posts Upbeat Results, Joins NIO, Yext, Shoe Carnival And Other Big Stocks Moving Higher On Thursday

<a href="https://www.bloomberg.com/news/articles/2024-09-05/dish-network-in-talks-with-investors-to-settle-lawsuit?srnd=phx-fixed-income">https://www.bloomberg.com/news/articles/2024-09-05/dish-network-in-talks-with-investors-to-settle-lawsuit?srnd=phx-fixed-income</a>
&nbsp;
<a href="https://www.bloomberg.com/quote/DISH:US">Dish Network Corp.</a>, the ailing satellite-TV provider with more than $20 billion in debt, is in talks with a group of creditors to resolve a lawsuit tied to a controversial transfer of assets.
A meeting between the company and investors represented by <a href="https://www.bloomberg.com/quote/LAZ:US">Lazard Inc.</a> and <a href="https://www.bloomberg.com/quote/1174L:US">Milbank</a> could take place as soon as this week, according to people familiar with the matter, who asked not to be named because they aren't authorized to talk about it. Confidential negotiations also include the possible extension of a $2 billion bond due Nov. 15, they said.

Legal

'Dish Network In Talks With Investors To Settle Lawsuit; Company Is Holding Confidential Talks With Some Creditors; Satellite Television Company Shuffled Assets In January' - Bloomberg News

EchoStar Corporation&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sats#NASDAQ">SATS</a>) subsidiaries, Hughes Network Systems and Boost Mobile, jointly demonstrated optimized, multi-transport network management for the U.S. Navy. The demonstration, conducted earlier this year, evaluated remote network orchestration, wide area network (WAN) resiliency and secure Radio Access Network (RAN) sharing between standalone Private 5G networks at the U.S. Navy Air Station in Whidbey Island, WA, and a base in Hawaii.
The demo established that the EchoStar Private 5G ORAN network can sustain safe connectivity for devices and applications when users move from the naval base. This capability enables devices connected to the Whidbey Island NAS 5G network to securely access applications located at Whidbey Island, regardless of their location. This secure Internet access supports Navy missions that involve relocating users between bases.
Boost Mobile&#39;s advanced Open-RAN-based 5G networking technologies, designed for U.S.-wide public network deployment, laid the foundation for secure, standalone 5G networks at each base. Hughes also deployed its intelligent network orchestration capabilities, including Smart Network Edge mission-planning technology and Network Management System (NMS). Combined, these technologies ensured reliable communication even in &quot;contested and congested environments.&quot;
The network also facilitated Automated Primary Alternate Contingency Emergency (PACE) planning by harnessing Hughes&#39; NMS and SNE technologies, which dynamically use multiple transport paths to enhance situational awareness. These automation techniques optimize capacity, quality of service and resource allocation, accelerating changes and access to SATCOM resources. With command-in-the-loop capability, Hughes technology processes new service requests in under five seconds to address emerging threats and automatically distributes information across orchestrated paths. The NMS and SNE are essential for maintaining resilient communications through diverse transports, including geostationary equatorial orbit, medium-earth orbit, low-earth orbit and 5G systems.
Earlier this month, Hughes Network Systems LLC achieved a milestone of shipping more than 5,000 HL1120W electronically steerable antenna LEO terminals, underscoring its leadership in delivering top-tier, enterprise-class satellite terminals for the Eutelsat OneWeb LEO constellation.
<div class="chart_embed">
<h3>EchoStar Corporation Price and Consensus</h3>
<img alt="EchoStar Corporation Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/d0/1724942318.png" style="height:265px; width:578px" title="" />
EchoStar Corporation price-consensus-chart | EchoStar Corporation Quote
EchoStar is a global provider of satellite service operations, video delivery services, broadband satellite technologies and broadband Internet services for home and small office customers.
</div>
The company reported second-quarter 2024 revenues of $3.96 billion, declining 9% year over year, missing the consensus estimate by 0.6%. Net subscriber losses in Pay-TV, Retail Wireless, Broadband and satellite services contributed to the drop. It reported a non-GAAP loss of 76 cents per share against earnings of 69 cents in the year-ago quarter, and the loss was 105.4% wider than the Zacks Consensus Estimate of a loss of 37 cents.
<h2>SATS&#39; Zacks Rank &amp; Stock Price Performance</h2>
At present, SATS has a Zacks Rank #5 (Strong Sell). Shares have gained 10.9% against the sub-industry&#39;s decline of 30.2% in the past year.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/1f/75976.jpg?v=470235090" /> 
Image Source: Zacks Investment Research
<h2>Stocks to Consider</h2>
Some better-ranked stocks from the broader technology space are Manhattan Associates, Inc., ANSYS, Inc. and Adobe Inc.&nbsp;MANH presently sports a Zacks Rank #1 (Strong Buy) each, whereas ANSS &amp; ADBE carry a Zacks Rank #2 (Buy).
Manhattan Associates delivered an earnings surprise of 26.6%, on average, in the trailing four quarters. In the last reported quarter, MANH pulled off an earnings surprise of 22.9%. The Zacks Consensus Estimate for MANH increased 9.2% in the past 60 days to $4.26.
ANSYS delivered an earnings surprise of 4.8%, on average, in three of the trailing four quarters. In the last reported quarter, ANSS pulled off an earnings surprise of 28.9%. It has a long-term earnings growth expectation of 6.4%.
Adobe delivered an earnings surprise of 2.7%, on average, in the trailing four quarters. In the last reported quarter, ADBE pulled off an earnings surprise of 2.1%. It has a long-term earnings growth expectation of 13%.
<a href="https://www.zacks.com/stock/news/2329118/echostar-s-hughes-boost-mobile-exhibit-resilient-network-management?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2329118">To read this article on Zacks.com click here.</a>

Echostar's Hughes & Boost Mobile Exhibit Resilient Network Management

EchoStar shares are trading higher. UBS raised its price target on the stock from $14 to $15.

UBS analyst John Hodulik maintains EchoStar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) with a Neutral and raises the price target from $14 to $15.

UBS Maintains Neutral on EchoStar, Raises Price Target to $15

EchoStar shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight and TD Cowen lowered its price target from $38 to $37.

Wall Street Breakfast Podcast: Bristol-Myers Wins FDA Nod For Novel Antipsychotic

Deals this week: Chesapeake, Visa, KKR, Mondelēz and more

EchoStar gains as DirecTV and Dish merge to create largest U.S. Pay-TV provider

Echostar ( ($SATS) ) just unveiled an announcement. EchoStar Corporation and DIRECTV Holdings LLC have entered into an agreement for DIRECTV to acq...

EchoStar Divests Pay-TV Business to DIRECTV for Debt Relief

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Emcore (EMKR – Research Report), Echostar (SATS – ...

Analysts Conflicted on These Technology Names: Emcore (EMKR), Echostar (SATS) and AudioEye (AEYE)

EchoStar ($SATS) announced that it will sell its satellite television business, DISH DBS Corp. (DBS), including Sling TV, to DirecTV, forming one o...

M&A News: DirecTV Will Acquire Dish from EchoStar (NASDAQ:SATS)

Wall Street Lunch: DirecTV To Buy EchoStar's Video Business

EchoStar Gets Some Much-Needed Breathing Room, But Little Else

Following Paramount ($PARA) for any length of time has illustrated that linear television is having its share of troubles lately, and then some. Bu...

Disney (NYSE:DIS) Suffers Television Layoffs, Legal Troubles

Entertainment company Walt Disney Co. ($DIS) is planning to layoff 75 people from its ABC News operations, as well as from local television station...

Walt Disney (NYSE:DIS) Lays Off Television Staff

AEYE

AMZN

ARMK

BRZHR

DANOY

EMKR

GLNG

IBDRY

IBDSF

LSPD

LWAY

MDLZ

PARA

PDCO

SDXOF

SIVBQ

SPRC

TBNK

Press Releases

Boost Mobile is Now the Official Wireless Provider for University of Colorado and Offering a New Boost-Exclusive Coach Prime Device - the moto g 5G Coach Prime

Hughes and Boost Mobile Demonstrate Automated, Multi-Transport Network Management for Resiliency at the Tactical Edge

Boost Mobile Brings Customers More Value: FREE Year of Service with Purchase of a Boost Mobile Network-Compatible 5G Phone

Boost Mobile Delivers Unmatched Value with iPhone 16 - One FREE Year of Unlimited 5G Service or $1,000 Off Device - with No Trade-In Required

Boost Mobile to Offer All-New iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max

Hughes HS600 Media Player Enables Live TV Within Digital Signage

FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network

Entertainment

DIRECTV to Acquire EchoStar's Video Distribution Business, Including DISH TV and Sling TV

Offerings

EchoStar Corporation Announces Exchange Offers and Consent Solicitations to exchange 5.25% Senior Secured Notes due 2026, 5.75% Senior Secured Notes due 2028, 7.75% Senior Notes due 2026, 7.375% Senior Notes due 2028, and 5.125% Senior Notes due 2029 Issued by DISH DBS Corporation for New DBS Notes (as defined herein) issued by DISH DBS Corporation

EchoStar Announces Suite of Transformative Transactions to Delever Its Balance Sheet and Improve Its Debt Maturity Profile, Transition Its Strategic Focus and Pave the Road for it to Enhance and Further Deploy its Nationwide 5G Open RAN Wireless Network

Altice USA

Cable One

Charter Communications, Inc. - Class A Common Stock

Charter Communications

Comcast Corporation - Class A Common Stock

Comcast

Liberty Broadband Corporation - Class A Common Stock

Liberty Broadband

Liberty Broadband Corporation - Class C Common Stock

Grupo Televisa

WideOpenWest

Morgan Stanley

TD Cowen

JP Morgan

Citigroup

금요일 아침 (현지 시간 기준) 미국 주식 선물이 상승하면서 오늘 투자자의 관심을 끌 수 있는 일부 주식은 다음과 같다:
<ul>
<li>월스트리트는 에코스타 코퍼레이션(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>)이 개장 전에 39억 8천만 달러의 매출과 주당 25센트의 분기 손실을 보고할 것으로 예상하고 있다. 에코스타의 주가는 시간외 거래에서 0.4% 하락한 20.00달러를 기록했다.</li>
<li>테이크투 인터랙티브 소프트웨어(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>)가 회계연도 <a href="https://kr.benzinga.com/news/usa/stocks/%ed%85%8c%ec%9d%b4%ed%81%ac%ed%88%ac-%ec%9d%b8%ed%84%b0%eb%9e%99%ed%8b%b0%eb%b8%8c%ec%9d%98-%ec%a3%bc%ec%8b%9d%ec%9d%80-1%eb%b6%84%ea%b8%b0-%ec%8b%a4%ec%a0%81%ea%b3%bc-2%eb%b6%84%ea%b8%b0-%ec%a0%84/" target="_blank" rel="noopener">1분기 재무 결과 발표</a>한 후 시간외 거래에서 주가가 올랐다. 이 회사는 1분기 매출이 전년 동기 대비 5% 증가한 13억 4천만 달러를 기록했다고 밝혔다. 순 예약은 12억 2천만 달러로 전년 대비 1% 증가했다. 테이크투의 주가는 시간외 거래에서 5.3% 상승한 146.13달러를 기록했다.</li>
<li>분석가들은 아메리칸 엑슬 앤 메뉴펙처링(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>)이 매출 15억 8천만 달러에 주당 11센트의 분기 이익을 기록할 것으로 예상하고 있다. 이 회사는 개장 전에 실적을 발표할 예정이다. 아메리칸 엑슬의 주식은 시간외 거래에서 0.3% 상승한 6.23달러를 기록했다.</li>
</ul>
당사의 <a href="https://www.benzinga.com/premarket/">프리마켓 개요는 이곳</a>
<ul>
<li>닥시미티(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>)는 예상보다 나은 <a href="https://kr.benzinga.com/news/usa/stocks/%eb%8b%a5%ec%8b%9c%eb%af%b8%ed%8b%b0%ec%9d%98-%ec%a3%bc%ec%8b%9d%ec%9d%80-%ec%98%88%ec%83%81%eb%b3%b4%eb%8b%a4-%ec%a2%8b%ec%9d%80-1%eb%b6%84%ea%b8%b0-%eb%a7%a4%ec%b6%9c%ea%b3%bc-%ec%88%9c%ec%9d%b4/" target="_blank" rel="noopener">1분기 재무 실적</a>을 보고하고 강력한 FY24 매출 지침을 발표했다. Benzinga Pro에 따르면 닥시미티의 1분기 매출은 전년 동기 대비 17% 증가한 1억 2,668만 달러로 컨센서스 추정치 1억 1,992만 달러를 넘어섰다. 이 회사는 주당 28센트의 조정 이익을 보고했는데, 이는 애널리스트 추정치인 주당 22센트를 뛰어넘는 수치이다. 닥시미티의 주가는 시간외 거래에서 28.5% 상승한 32.97달러를 기록했다.</li>
<li>분석가들은 AMC 네트웍스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMCX#NASDAQ">AMCX</a>)가 개장 전에 6억 134만 달러의 매출과 분기 이익을 주당 1.52달러로 기록할 것으로 예상한다. AMC 네트웍스의 주가는 시간외 거래에서 0.4% 상승한 10.34달러를 기록했다.</li>
</ul>
사진제공: 테이크 투 인터랙티브
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

미국 금리가 20여년 만에 최고 수준을 계속 유지함에 따라 투자자들은 높은 수익과 <a href="https://www.benzinga.com/money/high-yield-bonds" target="_blank" rel="noopener">주식으로 부터의 다각화</a>를 모두 추구하는 고수익 회사채 영역으로 점점 더 관심을 끌고 있다.
iShares iBoxx $ High Yield Corporate Bond ETF (<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/hyg" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for HYG">HYG</a>)가 추적한 미국 고수익 회사채 시장은 최근 긍정적인 성과를 보여 2023년 10월보다 10%나 급등했다.
채권에 대한 관점에서 살펴보면, 이자율과 가격은 반대 방향으로 움직이며, 이는 이자율이 상승함에 따라 가격이 하락하고 그 반대도 성립한다는 뜻이다.
2024년 연방준비제도(연준)가 이자율 인하의 가능성을 눈여겨보는 많은 트레이더들에게, 이것은 회사채 시장의 새로운 장기 상승 추세가 시작된 것으로 생각될 수 있다. 
읽기: <a href="https://www.benzinga.com/yield-investments">30만명이 알고 있는 2024년 최고의 고수익 투자</a>
고수익 채권의 영역을 탐색하려면 주의가 필요하다.
정크본드라고도 불리는 하이일드 채권은 안전한 투자 등급 채권보다 신용 등급이 낮은 기업이 발행한 회사채이다. 이 채권은 스탠더드 앤드 푸어스(Standard &amp; Poor&#8217;s), 무디스(Moody&#8217;s) 또는 피치(Fitch)와 같은 기관으로부터 BBB 미만의 투기 등급을 받는다.
막대한 이익의 매력 뒤에는 높아진 리스크라는 현실이 숨어 있다. 투자의 황금룰은 여기서 크게 울려 퍼진다 &#8211; 기업이 의무를 이행하지 않을 위험이 높을수록 투자자에게 잠재적인 보상도 높아진다.
회사의 암울한 이익 전망 때문에 주식 투자를 경계하는 사람들에게 채권으로의 전환은 회사의 만기까지 생존 가능성을 고려한 대안 전략을 제시한다.
투자자들은 이러한 고수익 채권의 잠재적인 보상을 활용하려고 할 때 모든 눈부신 기회에는 그에 따른 위험이 따른다는 점을 인식하고 경계심을 유지해야 한다.
<h3 class="wp-block-heading">2024년 4월 기준, 만기 수익률이 가장 높은 미국 회사채 상위 10개</h3>
다음은 2024년 4월 초 기준으로 퍼블릭닷컴(Public.com)의 채권 스크리너에 따른 미국의 최고 수익을 창출하는 회사채 10개이다:
<ol>
<li>AMC 6.125% 05/15/2027
<ul>
<li>발행처: AMC 엔터데인먼트 홀딩스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)</li>
<li>수익률: 34.19%</li>
<li>쿠폰: 6.125%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 48.62달러</li>
<li>만기: 2027년 05월 15일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>SATSX 6.625% 08/01/2026
<ul>
<li>발행처: 휴즈 새틀라이트 시스템즈(Hughes Satellite Systems Corp.), 에코스타 코퍼레이션(Echostar Corp.)의 100% 자회사 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>)</li>
<li>수익률: 33.81%</li>
<li>쿠폰: 6.625%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 58.47달러</li>
<li>만기: 2026년 08월 01일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>DISH 7.375% 07/01/2028
<ul>
<li>발행처: 디시 네트워크(Dish Network Corporation)</li>
<li>수익률: 30.74%</li>
<li>쿠폰: 7.375%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 46.55달러</li>
<li>만기: 2028년 07월 01일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>LUMN 6.875% 01/15/2028 
<ul>
<li>발행처: 루멘 테크놀러지스(Lumen Technologies Inc.) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>)</li>
<li>수익률: 30.71%</li>
<li>쿠폰: 6.875%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 48.70달러</li>
<li>만기: 2028년 01월 15일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>OPI 2.4% 02/01/2027
<ul>
<li>발행처: 오피스 프로퍼티 인컴 트러스트(Office Properties Income Trust) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPI#NYSE">OPI</a>)</li>
<li>수익률: 30.45%</li>
<li>쿠폰: 2.4%</li>
<li>가격: 49.26달러</li>
<li>만기: 2027년 02월 01일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>OPI 2.65% 06/15/2026
<ul>
<li>발행처: 오피스 프로퍼티 인컴 트러스트(Office Properties Income Trust)</li>
<li>수익률: 29.82%</li>
<li>쿠폰: 2.65%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 58.38달러</li>
<li>만기: 2026년 06월 15일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>OPI 4.5% 02/01/2025
<ul>
<li>발행처: 오피스 프로퍼티 인컴 트러스트(Office Properties Income Trust)</li>
<li>수익률: 28.37%</li>
<li>쿠폰: 4.5%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 83.48달러</li>
<li>만기: 2025년 02월 01일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>AMC 5.875% 11/15/2026
<ul>
<li>발행처: AMC 엔터데인먼트 홀딩스</li>
<li>수익률: 28.31%</li>
<li>쿠폰: 5.875%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 60.42달러</li>
<li>만기: 2026년 11월 15일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>DISH 5.125% 06/01/2029
<ul>
<li>발행처: 디시 네트워크(Dish Network Corporation)</li>
<li>수익률: 27.46%</li>
<li>쿠폰: 5.125%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 40.22달러</li>
<li>만기: 2029년 06월 01일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
<li>AMC 5.75% 06/15/2025
<ul>
<li>발행처: AMC 엔터데인먼트 홀딩스</li>
<li>수익률: 25.06%</li>
<li>쿠폰: 5.75%</li>
<li>쿠폰 주기: 반기</li>
<li>가격: 81.03달러</li>
<li>만기: 2025년 06월 15일</li>
<li>등급: 투기 등급</li>
</ul>
</li>
</ol>
지금 기사 읽기: <a href="https://www.benzinga.com/money/best-high-yield-etfs-right-now">제일 먼저 알아보자: 2024년 최고의 고수익 ETF</a>
사진 제공: 셔터스톡

Comments

EchoStar

뉴스

에 대한 최신 뉴스 EchoStar (NASDAQ:SATS) 주식

금요일, 8월 09, 2024

목요일, 4월 04, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌