Research Analysts’ Recent Ratings Updates for DISH Network (DISH)

DISH Network (NASDAQ: DISH) has recently received a number of price target changes and ratings updates:

  • 11/4/2022 – DISH Network had its price target lowered by analysts at Citigroup Inc. from $34.00 to $33.00.
  • 11/3/2022 – DISH Network had its price target lowered by analysts at Barclays PLC from $19.00 to $16.00. They now have an “underweight” rating on the stock.
  • 11/3/2022 – DISH Network had its price target lowered by analysts at Raymond James from $36.00 to $28.00. They now have a “strong-buy” rating on the stock.
  • 11/3/2022 – DISH Network had its price target lowered by analysts at Credit Suisse Group AG from $45.00 to $35.00. They now have an “outperform” rating on the stock.
  • 10/12/2022 – DISH Network is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.

DISH Network Stock Performance

NASDAQ:DISH opened at $14.67 on Tuesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.56 and a current ratio of 0.50. The stock has a market capitalization of $7.78 billion, a P/E ratio of 4.86 and a beta of 1.81. The company has a 50 day moving average price of $15.42 and a 200 day moving average price of $18.53. DISH Network Co. has a fifty-two week low of $12.55 and a fifty-two week high of $38.29.

Insider Buying and Selling

In other DISH Network news, Director James Defranco purchased 144,328 shares of the firm’s stock in a transaction on Monday, August 22nd. The stock was bought at an average price of $17.82 per share, with a total value of $2,571,924.96. Following the transaction, the director now directly owns 1,050,000 shares of the company’s stock, valued at approximately $18,711,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders purchased 417,965 shares of company stock valued at $7,375,691. Company insiders own 53.30% of the company’s stock.

Hedge Funds Weigh In On DISH Network

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Chevy Chase Trust Holdings Inc. boosted its position in DISH Network by 0.3% in the 1st quarter. Chevy Chase Trust Holdings Inc. now owns 150,131 shares of the company’s stock valued at $4,752,000 after buying an additional 376 shares during the period. Dupont Capital Management Corp raised its holdings in shares of DISH Network by 16.7% in the 1st quarter. Dupont Capital Management Corp now owns 2,849 shares of the company’s stock valued at $90,000 after purchasing an additional 408 shares in the last quarter. Brown Advisory Inc. raised its holdings in shares of DISH Network by 4.3% in the 1st quarter. Brown Advisory Inc. now owns 11,529 shares of the company’s stock valued at $373,000 after purchasing an additional 475 shares in the last quarter. US Bancorp DE raised its holdings in shares of DISH Network by 22.6% in the 1st quarter. US Bancorp DE now owns 3,166 shares of the company’s stock valued at $100,000 after purchasing an additional 584 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of DISH Network by 3.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 16,347 shares of the company’s stock valued at $293,000 after purchasing an additional 601 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

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.

Further Reading

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