Directv Upgraded to Neutral by Nomura (DTV)
Directv (NYSE:DTV) was upgraded by Nomura from a “reduce” rating to a “neutral” rating in a research note issued on Monday. The firm currently has a $95.00 price objective on the stock, up from their previous price objective of $50.00. Nomura’s price target would indicate a potential upside of 10.23% from the company’s current price.
DTV has been the subject of a number of other recent research reports. 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. Separately, analysts at Wunderlich downgraded shares of Directv from a “buy” rating to a “hold” rating in a research note on Monday. They now have a $95.00 price target on the stock, down previously from $97.00. Finally, analysts at Atlantic Securities downgraded shares of Directv from an “overweight” rating to a “neutral” rating in a research note on Monday. Fifteen equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $84.62.
Shares of Directv (NYSE:DTV) traded down 2.06% on Monday, hitting $84.405. The stock had a trading volume of 11,823,494 shares. Directv has a one year low of $57.05 and a one year high of $89.46. The stock’s 50-day moving average is $79.37 and its 200-day moving average is $72.30. The company has a market cap of $42.525 billion and a P/E ratio of 16.98.
Directv (NYSE:DTV) last released its earnings data 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. Analysts expect that Directv will post $5.91 EPS for the current fiscal year.
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.
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