DISH Network Corp. Hits New 52-Week High at $58.55 (DISH)
Shares of DISH Network Corp. (NASDAQ:DISH) hit a new 52-week high on Monday, Analyst Ratings Network.com reports. The company traded as high as $58.55 and last traded at $58.11, with a volume of 1,380,138 shares trading hands. The stock had previously closed at $57.80.
A number of research firms have recently commented on DISH. Analysts at Zacks upgraded shares of DISH Network Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, December 23rd. They now have a $59.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of DISH Network Corp. in a research note to investors on Thursday, December 19th. They set a “buy” rating and a $63.00 price target on the stock. Finally, analysts at Northland Securities initiated coverage on shares of DISH Network Corp. in a research note to investors on Wednesday, December 4th. They set a “market perform” rating on the stock. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the stock. DISH Network Corp. has a consensus rating of “Hold” and a consensus price target of $51.23.
DISH Network Corp. has a one year low of $33.79 and a one year high of $58.30. The stock has a 50-day moving average of $54.33 and a 200-day moving average of $47.7. The company has a market cap of $26.489 billion and a price-to-earnings ratio of 36.38.
DISH Network Corp. (NASDAQ:DISH) last released its earnings data on Tuesday, November 12th. The company reported $0.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.43 by $0.25. The company had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter last year, the company posted ($0.35) earnings per share. DISH Network Corp.’s revenue was up 2.3% compared to the same quarter last year. Analysts expect that DISH Network Corp. will post $1.55 EPS for the current fiscal year.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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