DISH Network Corp Given Average Rating of “Hold” by Brokerages (NASDAQ:DISH)
Shares of DISH Network Corp (NASDAQ:DISH) have been given a consensus rating of “Hold” by the twenty-six brokerages that are presently covering the company, Analyst Ratings.Net reports. Four analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $61.15.
DISH has been the subject of a number of recent research reports. Analysts at Brean Capital raised their price target on shares of DISH Network Corp from $62.00 to $78.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock. Separately, analysts at ISI Group raised their price target on shares of DISH Network Corp from $61.00 to $73.00 in a research note on Monday, July 21st. They now have a “buy” rating on the stock. Finally, analysts at Macquarie raised their price target on shares of DISH Network Corp from $85.00 to $100.00 in a research note on Monday, July 7th. They now have an “outperform” rating on the stock.
DISH Network Corp (NASDAQ:DISH) traded down 0.46% during mid-day trading on Wednesday, hitting $64.25. The stock had a trading volume of 44,662 shares. DISH Network Corp has a 52 week low of $43.75 and a 52 week high of $67.50. The stock’s 50-day moving average is $64.12 and its 200-day moving average is $60.83. The company has a market cap of $29.597 billion and a price-to-earnings ratio of 30.02.
DISH Network Corp (NASDAQ:DISH) last released its earnings data on Wednesday, August 6th. The company reported $0.46 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.51 by $0.05. The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the company posted ($0.02) earnings per share. DISH Network Corp’s revenue was up 5.8% compared to the same quarter last year. On average, analysts predict that DISH Network Corp will post $1.69 earnings per share for the current fiscal year.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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