DISH Network Corp Receives New Coverage from Analysts at Goldman Sachs (DISH)
Stock analysts at Goldman Sachs started coverage on shares of DISH Network Corp (NASDAQ:DISH) in a report issued on Tuesday. The firm set a “buy” rating and a $78.00 price target on the stock. Goldman Sachs’ price target suggests a potential upside of 20.35% from the company’s current price.
DISH Network Corp (NASDAQ:DISH) traded up 0.85% during mid-day trading on Tuesday, hitting $65.36. 449,108 shares of the company’s stock traded hands. DISH Network Corp has a 1-year low of $43.75 and a 1-year high of $67.50. The stock’s 50-day moving average is $63.89 and its 200-day moving average is $61.26. The company has a market cap of $30.108 billion and a P/E ratio of 30.14.
DISH Network Corp (NASDAQ:DISH) last announced its earnings results 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 $1.68 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on DISH. 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, August 22nd. 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. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $61.95.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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