Dish Network Corp (NASDAQ:DISH) shares traded 2.32% up during most recent session to reach at the closing price of $28.25. The stock exchanged hands 3.56 Million shares versus average trading capacity of 3.42 Million shares, yielding a market cap of $13.44 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $49.14 within the next 52-weeks. The mean target projections are based on 22 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Dish Network Corp (NASDAQ:DISH) high price target of $175 and with a conservative view have low price target of $29.
Citigroup “Maintained” Dish Network Corp (NASDAQ:DISH) in a research note issued to investors on 12/19/18 to Buy with price target of $50.
Additionally on 12/06/18 Morgan Stanley “Maintained” Dish Network Corp (NASDAQ:DISH) to Equal-Weight setting price target at $37 and on 10/24/18 Guggenheim “Assumes” the stock to Buy at $50. Furthermore on 10/23/18 Macquarie “Downgrades” the stock to Underperform at $31.
On the other hand the company has Relative Strength Index (RSI 14) of 49.71 along with Average True Range (ATR 14) of 1.24, Consequently Dish Network Corp (NASDAQ:DISH)’s weekly and monthly volatility is 2.69%, 4.82% respectively. The company’s beta value is at 1.48.
In terms of Buy, Sell or Hold recommendations, Dish Network Corp (NASDAQ:DISH) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Dish Network Corp (NASDAQ:DISH)’s minimum EPS for the current quarter is at $0.53 and can go high up to $0.87. The consensus mean EPS for the current quarter is at $0.66 derived from a total of 16 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.57 earnings per share for the same quarter during last year.
Previously Dish Network Corp (NASDAQ:DISH) reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.15. The company posted an earnings surprise of 22.4%.
Dish Network Corp (NASDAQ:DISH)’s revenue estimates for the current quarter are $3.28 Billion according to 15 number of analysts, for the current quarter the company has high revenue estimates of $3.36 Billion in contradiction of low revenue estimates of $3.2 Billion. For the current year the company’s revenue estimates are $13.6 Billion compared to low analyst estimates of $13.51 Billion and high estimates of $13.71 Billion according to 20 number of analysts.
Currently Dish Network Corp (NASDAQ:DISH)’s shares owned by insiders are 1%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 6.02%, as well as three-month change in the institutional ownership was recorded 0.18%.
Dish Network Corp (NASDAQ:DISH)’s trailing twelve month revenues are $13.8 Billion, whereas its price to sales ratio for the same period is 0.97. Its book value per share for the most recent quarter is $17.63 while its price to book ratio for the same period is 1.6, as for as the company’s cash per share for the most recent quarter is $3.92, however its price to cash per share ratio for the same period is 7.21. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 10.43.