DISH Network Corp PT Raised to $72.00 (DISH)
Analysts at Evercore Partners raised their price target on shares of DISH Network Corp (NASDAQ:DISH) from $67.00 to $72.00 in a research report issued to clients and investors on Monday, AnalystRatings.Net reports. Evercore Partners’ target price points to a potential upside of 20.10% from the company’s current price.
DISH Network Corp (NASDAQ:DISH) opened at 59.95 on Monday. DISH Network Corp has a 52-week low of $37.30 and a 52-week high of $64.52. The stock has a 50-day moving average of $60.22 and a 200-day moving average of $56.87. The company has a market cap of $27.518 billion and a P/E ratio of 36.29.
DISH Network Corp (NASDAQ:DISH) last announced its earnings results on Thursday, May 8th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.43 by $0.05. The company had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts predict that DISH Network Corp will post $1.81 earnings per share for the current fiscal year.
A number of other firms have also recently commented on DISH. Analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of DISH Network Corp in a research note on Friday, May 9th. Separately, analysts at Nomura raised their price target on shares of DISH Network Corp from $44.00 to $49.00 in a research note on Friday, May 9th. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of DISH Network Corp from $57.00 to $61.00 in a research note on Friday, May 9th. They now have a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company. DISH Network Corp currently has an average rating of “Hold” and an average price target of $61.44.
In other DISH Network Corp news, EVP Michael K. Mcclaskey unloaded 10,080 shares of the company’s stock on the open market in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $59.83, for a total transaction of $603,086.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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