Dish Network Corp (NASDAQ:DISH) shares traded 0.32% up during most recent session to reach at the closing price of $34.72. The stock exchanged hands 1.34 Million shares versus average trading capacity of 2.84 Million shares, yielding a market cap of $15.83 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $45.86 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 $24.
Barclays “Downgrades” Dish Network Corp (NASDAQ:DISH) in a research note issued to investors on 2/14/19 to Equal-Weight with price target of $0.
Additionally on 12/19/18 Citigroup “Maintained” Dish Network Corp (NASDAQ:DISH) to Buy setting price target at $50 and on 12/06/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $37. Furthermore on 10/24/18 Guggenheim “Assumes” the stock to Buy at $50.
On the other hand the company has Relative Strength Index (RSI 14) of 63.29 along with Average True Range (ATR 14) of 0.92, Consequently Dish Network Corp (NASDAQ:DISH)’s weekly and monthly volatility is 2.57%, 2.71% respectively. The company’s beta value is at 1.59.
In terms of Buy, Sell or Hold recommendations, Dish Network Corp (NASDAQ:DISH) has analysts’ mean recommendation of 2.6. 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 $0.56 and can go high up to $0.73. 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 $0.7 earnings per share for the same quarter during last year.
Previously Dish Network Corp (NASDAQ:DISH) reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $-0.03. The company posted an earnings surprise of -4.5%.
Dish Network Corp (NASDAQ:DISH)’s revenue estimates for the current quarter are $3.19 Billion according to 16 number of analysts, for the current quarter the company has high revenue estimates of $3.25 Billion in contradiction of low revenue estimates of $3.13 Billion. For the current year the company’s revenue estimates are $12.39 Billion compared to low analyst estimates of $12.04 Billion and high estimates of $12.67 Billion according to 21 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 7.42%, as well as three-month change in the institutional ownership was recorded 1.2%.
Dish Network Corp (NASDAQ:DISH)’s trailing twelve month revenues are $13.62 Billion, whereas its price to sales ratio for the same period is 1.16. Its book value per share for the most recent quarter is $18.38 while its price to book ratio for the same period is 1.89, as for as the company’s cash per share for the most recent quarter is $4.54, however its price to cash per share ratio for the same period is 7.65. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 11.59.