Rechercher dans ce blog

Tuesday, January 25, 2022

Analysts Expect DISH Network Co. (NASDAQ:DISH) to Announce $0.85 EPS - MarketBeat

foody.indah.link

Wall Street analysts predict that DISH Network Co. (NASDAQ:DISH) will announce earnings of $0.85 per share for the current quarter, Zacks Investment Research reports. Eight analysts have provided estimates for DISH Network's earnings, with the lowest EPS estimate coming in at $0.76 and the highest estimate coming in at $0.94. DISH Network reported earnings of $1.24 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 31.5%. The business is expected to issue its next earnings report on Monday, February 28th.

According to Zacks, analysts expect that DISH Network will report full year earnings of $3.77 per share for the current fiscal year, with EPS estimates ranging from $3.67 to $3.87. For the next fiscal year, analysts anticipate that the business will report earnings of $2.78 per share, with EPS estimates ranging from $1.85 to $3.33. Zacks Investment Research's EPS averages are a mean average based on a survey of sell-side analysts that cover DISH Network.

DISH Network (NASDAQ:DISH) last announced its quarterly earnings data on Thursday, November 4th. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.01). The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.45 billion. DISH Network had a return on equity of 18.26% and a net margin of 14.40%. The business's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period last year, the business earned $0.86 EPS.

Several analysts recently issued reports on DISH shares. TheStreet downgraded shares of DISH Network from a "b-" rating to a "c+" rating in a research report on Friday, December 10th. Morgan Stanley reduced their price target on shares of DISH Network from $50.00 to $40.00 and set an "equal weight" rating for the company in a research report on Tuesday, November 30th. Raymond James reduced their price target on shares of DISH Network from $56.00 to $52.00 and set a "strong-buy" rating for the company in a research report on Friday, November 5th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of DISH Network from $77.00 to $71.00 and set a "buy" rating for the company in a research report on Wednesday, November 10th. Finally, Zacks Investment Research downgraded shares of DISH Network from a "hold" rating to a "strong sell" rating and set a $29.00 price objective on the stock. in a report on Tuesday, January 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $47.63.

Institutional investors have recently made changes to their positions in the stock. Clearstead Advisors LLC raised its stake in DISH Network by 236.6% in the 3rd quarter. Clearstead Advisors LLC now owns 983 shares of the company's stock valued at $43,000 after acquiring an additional 691 shares during the period. Van ECK Associates Corp raised its stake in DISH Network by 95.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,029 shares of the company's stock valued at $45,000 after acquiring an additional 503 shares during the period. Berman Capital Advisors LLC raised its stake in DISH Network by 73.3% in the 2nd quarter. Berman Capital Advisors LLC now owns 1,310 shares of the company's stock valued at $54,000 after acquiring an additional 554 shares during the period. FORA Capital LLC bought a new stake in DISH Network in the 2nd quarter valued at about $74,000. Finally, Trust Co. of Vermont bought a new stake in DISH Network in the 4th quarter valued at about $79,000. Institutional investors and hedge funds own 99.30% of the company's stock.

Shares of DISH stock traded down $0.74 during trading hours on Tuesday, hitting $30.09. 23,673 shares of the company were exchanged, compared to its average volume of 3,631,598. The company has a 50 day simple moving average of $33.20 and a two-hundred day simple moving average of $39.15. DISH Network has a fifty-two week low of $28.53 and a fifty-two week high of $47.05. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.08 and a current ratio of 1.15. The firm has a market cap of $15.91 billion, a P/E ratio of 7.23, a P/E/G ratio of 2.18 and a beta of 2.10.

DISH Network Company Profile

DISH Network Corp. is a holding company, which engages in the provision of pay-tv services. It operates through Pay-TV and Wireless segments. The Pay-TV segment operates under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets. The company was founded by Charles W.

Read More: Why investors pay attention to retained earnings

Get a free copy of the Zacks research report on DISH Network (DISH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in DISH Network right now?

Before you consider DISH Network, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DISH Network wasn't on the list.

While DISH Network currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here


Adblock test (Why?)



"dish" - Google News
January 25, 2022 at 10:25PM
https://ift.tt/3IHgVBn

Analysts Expect DISH Network Co. (NASDAQ:DISH) to Announce $0.85 EPS - MarketBeat
"dish" - Google News
https://ift.tt/2MXZLF4

No comments:

Post a Comment

Featured Post

Dish & Sling Sue 'Pirate' IPTV Operation For Circumventing Widevine DRM - TorrentFreak

foody.indah.link With more ways to stream online video than ever before, protecting video continues to be a key issue for copyright holder...

Popular Posts