Directv Given Consensus Rating of “Hold” by Brokerages (NYSE:DTV)
Directv (NYSE:DTV) has been given an average recommendation of “Hold” by the twenty-five analysts that are covering the company, Analyst Ratings News reports. One investment analyst has rated the stock with a sell recommendation, fifteen have given a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $89.72.
A number of analysts have recently weighed in on DTV shares. Analysts at Pivotal Research upgraded shares of Directv from a “hold” rating to a “buy” rating in a research note on Wednesday, August 6th. They now have a $90.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Directv from $86.00 to $90.00 in a research note on Monday, August 4th. They now have a “sector perform” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Directv in a research note on Friday, August 1st. They now have a $97.00 price target on the stock, up previously from $95.00.
Shares of Directv (NYSE:DTV) traded up 0.18% on Monday, hitting $84.70. 385,256 shares of the company’s stock traded hands. 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 $85.54 and its 200-day moving average is $80.7. The company has a market cap of $42.539 billion and a P/E ratio of 15.41. Directv also was the target of unusually large options trading on Friday. Traders bought 6,107 put options on the company. This represents an increase of 393% compared to the typical volume of 1,239 put options.
Directv (NYSE:DTV) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.59 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.53 by $0.06. The company had revenue of $8.11 billion for the quarter, compared to the consensus estimate of $8.01 billion. During the same quarter last year, the company posted $1.18 earnings per share. Directv’s revenue was up 5.3% compared to the same quarter last year. Analysts expect that Directv will post $5.92 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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