DISH Network Corp (NASDAQ:DISH) EVP Vivek Khemka sold 315 shares of the firm’s stock in a transaction that occurred on Thursday, July 5th. The stock was sold at an average price of $33.24, for a total transaction of $10,470.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
DISH Network opened at $35.71 on Tuesday, Marketbeat.com reports. The company has a current ratio of 0.74, a quick ratio of 0.66 and a debt-to-equity ratio of 2.07. The company has a market cap of $16.35 billion, a price-to-earnings ratio of 13.83, a P/E/G ratio of -6.77 and a beta of 1.16. DISH Network Corp has a fifty-two week low of $28.80 and a fifty-two week high of $66.50.
Get DISH Network alerts:DISH Network (NASDAQ:DISH) last posted its quarterly earnings results on Tuesday, May 8th. The company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). The company had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.49 billion. DISH Network had a return on equity of 20.48% and a net margin of 14.75%. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.76 EPS. equities analysts predict that DISH Network Corp will post 2.58 earnings per share for the current fiscal year.
A number of large investors have recently bought and sold shares of the business. IFM Investors Pty Ltd raised its stake in DISH Network by 47.7% during the second quarter. IFM Investors Pty Ltd now owns 10,165 shares of the company’s stock worth $342,000 after purchasing an additional 3,285 shares during the period. DnB Asset Management AS raised its stake in shares of DISH Network by 9.0% in the 2nd quarter. DnB Asset Management AS now owns 29,153 shares of the company’s stock valued at $980,000 after acquiring an additional 2,400 shares during the period. CenturyLink Investment Management Co raised its stake in shares of DISH Network by 36.1% in the 2nd quarter. CenturyLink Investment Management Co now owns 40,646 shares of the company’s stock valued at $1,366,000 after acquiring an additional 10,786 shares during the period. Brown Advisory Inc. raised its stake in shares of DISH Network by 18.6% in the 1st quarter. Brown Advisory Inc. now owns 63,905 shares of the company’s stock valued at $2,422,000 after acquiring an additional 10,020 shares during the period. Finally, Amalgamated Bank raised its stake in shares of DISH Network by 8.3% in the 1st quarter. Amalgamated Bank now owns 31,329 shares of the company’s stock valued at $1,187,000 after acquiring an additional 2,392 shares during the period. 47.87% of the stock is currently owned by institutional investors.
DISH has been the topic of a number of analyst reports. BidaskClub upgraded shares of DISH Network from a “sell” rating to a “hold” rating in a research report on Friday, June 15th. Morgan Stanley decreased their target price on shares of DISH Network from $55.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Monday, April 23rd. ValuEngine lowered shares of DISH Network from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. Cowen set a $54.00 target price on shares of DISH Network and gave the stock a “buy” rating in a research report on Monday, March 26th. Finally, Goldman Sachs Group restated a “neutral” rating on shares of DISH Network in a research report on Thursday, June 28th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $55.42.
DISH Network Company Profile
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages.
No comments:
Post a Comment