Somewhat Favorable Press Coverage Somewhat Unlikely to Impact DISH Network (DISH) Stock Price
Media coverage about DISH Network (NASDAQ:DISH) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. DISH Network earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.3733795051995 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Why Dish Network Needs To Roll Out Services For Its Spectrum Holdings (finance.yahoo.com)
- $0.54 Earnings Per Share Expected for DISH Network Corp (DISH) This Quarter (nismagazine.com)
- Stock Traders Buy Large Volume of DISH Network Call Options (DISH) (americanbankingnews.com)
- DISH Network Corp Expected to Post Q1 2019 Earnings of $0.45 Per Share (DISH) (americanbankingnews.com)
- DISH Network Corp (DISH) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
Several equities analysts have commented on the stock. Deutsche Bank reissued a “buy” rating and issued a $99.00 target price on shares of DISH Network in a report on Thursday, October 5th. Barclays decreased their target price on shares of DISH Network from $74.00 to $71.00 and set an “overweight” rating on the stock in a report on Friday, November 10th. Zacks Investment Research raised shares of DISH Network from a “sell” rating to a “hold” rating in a report on Friday, October 27th. Jefferies Group reissued a “buy” rating and issued a $80.00 target price on shares of DISH Network in a report on Monday, September 25th. Finally, Macquarie reissued a “hold” rating and issued a $60.00 target price (down from $68.00) on shares of DISH Network in a report on Monday, October 2nd. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $63.92.
DISH Network (NASDAQ:DISH) last posted its earnings results on Thursday, November 9th. The company reported $0.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.03). DISH Network had a return on equity of 25.97% and a net margin of 7.22%. The business had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.60 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. The company’s revenue was down 5.0% compared to the same quarter last year. equities research analysts predict that DISH Network will post 1.98 EPS for the current year.
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DISH Network Company Profile
DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations.
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