DISH Network Corporation (NASDAQ:DISH) registered a 2.17% increase, still its new closing price is 52.59% up from the company’s 1 year high of 63.00.It posted -1.43% losses in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 1 sells versus 7 buy or better ratings. The 27 stock analysts following this company have an average price target at $73.81, with individual PT in the $40.00-$175.00 range. The shares moved at $59.28, implying that brokerage firms see shares gaining about 26.13% in twelve months time.
DISH Network Corporation (DISH) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 2.33% rise year to date. A EVP, Corporate Development at DISH Network Corporation (DISH) offloaded shares in a transaction closed on Friday January 13, 2017. CULLEN THOMAS A sold 60,000 shares in the company at $62.49 each and collected $3,749,000 in proceeds. CULLEN THOMAS A now owns 6,055 shares in the company after this transaction. A SVP & Chief Accounting Officer in the company, ORBAN PAUL W, disclosed a transaction on Tuesday January 03, 2017 that ended up generating $5,000 from the sale of 92 shares at $58.5 per share.
DISH Network Corporation (NASDAQ:DISH) Upcoming Results on Tap
DISH Network Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.74 in that period. Sales during the quarter are predicted to arrive at $3.74 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.75 billion in revenue and EPS of $0.64. The mean forecast was for $3.74 billion and $0.68 a share, respectively. One quarter earlier, revenue for the stock was at $3.84 billion, with earnings at $0.88/share.
DISH Network Corporation (DISH) Brokerage Update
DISH Network Corporation (DISH) is in Morgan Stanley’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Equal-Weight by Morgan Stanley, according to news reported on Monday January 23, 2017.Another important research note was issued by Macquarie on Tuesday August 09, 2016.The firm upgraded DISH to Outperform from Neutral. Over the last six months and over the last three months, the shares of DISH Network Corporation (DISH), have changed 10.87% and 1.80%, respectively.
