DISH Network Corp Given Consensus Rating of “Hold” by Analysts (NASDAQ:DISH)
DISH Network Corp (NASDAQ:DISH) has been given an average recommendation of “Hold” by the twenty-six ratings firms that are covering the stock, Analyst Ratings Net reports. Four research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $61.15.
DISH Network Corp (NASDAQ:DISH) opened at 64.82 on Wednesday. DISH Network Corp has a one year low of $43.75 and a one year high of $67.50. The stock has a 50-day moving average of $63. and a 200-day moving average of $60.99. The company has a market cap of $29.860 billion and a price-to-earnings ratio of 30.40.
DISH Network Corp (NASDAQ:DISH) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. On average, analysts predict that DISH Network Corp will post $1.68 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on DISH shares. Analysts at Wunderlich cut their price target on shares of DISH Network Corp from $60.00 to $56.00 in a research note on Friday. They now have a “hold” rating on the stock. Separately, 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. Finally, 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.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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