Directv Stock Rating Reaffirmed by Buckingham Research (DTV)
Directv (NYSE:DTV)‘s stock had its “neutral” rating restated by investment analysts at Buckingham Research in a note issued to investors on Monday. They currently have a $95.00 price target on the stock, up from their previous price target of $93.00. Buckingham Research’s price target would suggest a potential upside of 10.23% from the stock’s previous close.
Directv (NYSE:DTV) traded down 1.80% during mid-day trading on Monday, hitting $84.63. The stock had a trading volume of 13,676,570 shares. Directv has a 52-week low of $57.05 and a 52-week high of $89.46. The stock has a 50-day moving average of $79.37 and a 200-day moving average of $72.30. The company has a market cap of $42.639 billion and a price-to-earnings ratio of 16.98.
Directv (NYSE:DTV) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.13. The company had revenue of $7.86 billion for the quarter, compared to the consensus estimate of $7.91 billion. During the same quarter in the previous year, the company posted $1.43 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts predict that Directv will post $5.91 earnings per share for the current fiscal year.
A number of other firms have also recently commented on DTV. Analysts at ING reiterated a “buy” rating on shares of Directv in a research note on Monday. They now have a $95.00 price target on the stock, down previously from $96.00. Separately, analysts at Nomura upgraded shares of Directv from a “reduce” rating to a “neutral” rating in a research note on Monday. They now have a $95.00 price target on the stock, up previously from $50.00. Finally, analysts at Brean Capital reiterated a “buy” rating on shares of Directv in a research note on Monday. They now have a $95.00 price target on the stock, down previously from $96.00. Fifteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Directv presently has a consensus rating of “Hold” and a consensus target price of $84.71.
DIRECTV is a provider of digital television entertainment in the United States and Latin America. The Company operates two direct-to-home (NYSE:DTV), operating segments: DIRECTV U.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.