In yesterday’s Wall Street session, Dish Network Corp (NASDAQ:DISH) shares traded at $3.54, down -4.32% from the previous session.
17 analysts cover Dish Network Corp (NASDAQ:DISH), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $1.00, we find $5.00. Given the previous closing price of $3.70, this indicates a potential upside of 35.14 percent. DISH stock price is now -26.19% away from the 50-day moving average and -50.67% away from the 200-day moving average. The market capitalization of the company currently stands at $1.89B.
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The stock has received a hold rating from 10 analysts and a buy rating from 4. Brokers who have rated the stock have averaged $6.54 as their price target over the next twelve months.
With the price target enhanced from $5 to $10, Barclays Upgraded its rating from Underweight to Equal Weight for Dish Network Corp (NASDAQ: DISH).
In other news, ORBAN PAUL W, EXECUTIVE VICE PRESIDENT, CFO sold 47 shares of the company’s stock on Aug 11. The stock was sold for $385 at an average price of $8.20. Upon completion of the transaction, the EXECUTIVE VICE PRESIDENT, CFO now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 22, EVP, CORPORATE DEVELOPMENT CULLEN THOMAS A sold 25,000 shares of the business’s stock. A total of $159,000 was realized by selling the stock at an average price of $6.36. This leaves the insider owning 226,050 shares of the company worth $0.8 million. Insiders disposed of 690,730 shares of company stock worth roughly $2.45 million over the past 1 year. A total of 53.83% of the company’s stock is owned by insiders.
On Tuesday morning Dish Network Corp (NASDAQ: DISH) stock kicked off with the opening price of $3.6600. During the past 12 months, Dish Network Corp has had a low of $3.21 and a high of $16.45. As of last week, the company has a debt-to-equity ratio of 1.35, a current ratio of 0.54, and a quick ratio of 0.44. The fifty day moving average price for DISH is $4.7964 and a two-hundred day moving average price translates $7.1769 for the stock.
The latest earnings results from Dish Network Corp (NASDAQ: DISH) was released for Sep, 2023. The net profit margin was 7.81% and return on equity was 6.91% for DISH. The company reported revenue of $3.7 billion for the quarter, compared to $4.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.55 percent.
