Directv Stock Rating Reaffirmed by Telsey Advisory Group (DTV)
Directv (NYSE:DTV)‘s stock had its “sell” rating restated by analysts at Telsey Advisory Group in a research report issued to clients and investors on Wednesday. They currently have a $90.00 price target on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 9.02% from the company’s current price.
Shares of Directv (NYSE:DTV) traded up 0.10% on Wednesday, hitting $82.55. 5,586,830 shares of the company’s stock traded hands. Directv has a 1-year low of $57.05 and a 1-year high of $89.46. The stock has a 50-day moving average of $81.41 and a 200-day moving average of $74.07. The company has a market cap of $41.591 billion and a P/E ratio of 16.25.
Directv (NYSE:DTV) last announced its 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 $5.89 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Directv in a research note on Thursday, May 22nd. They now have a $88.00 price target on the stock. Separately, analysts at Morgan Stanley downgraded shares of Directv from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 20th. Finally, analysts at Evercore Partners downgraded shares of Directv from an “overweight” rating to an “equal weight” rating in a research note on Monday, May 19th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Directv presently has a consensus rating of “Hold” and a consensus target price of $87.05.
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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