Somewhat Positive Media Coverage Somewhat Unlikely to Impact DISH Network (DISH) Stock Price

Media coverage about DISH Network (NASDAQ:DISH) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DISH Network earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.5352436118454 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

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DISH has been the subject of several analyst reports. Zacks Investment Research lowered shares of DISH Network from a “buy” rating to a “hold” rating in a report on Friday, February 23rd. Pivotal Research restated a “buy” rating and issued a $65.00 target price (down previously from $67.00) on shares of DISH Network in a report on Thursday, February 22nd. Cowen set a $54.00 target price on shares of DISH Network and gave the stock a “buy” rating in a report on Monday, March 26th. SunTrust Banks lowered their target price on shares of DISH Network to $44.00 and set a “hold” rating for the company in a report on Thursday, March 1st. Finally, Citigroup upgraded shares of DISH Network from a “neutral” rating to a “buy” rating in a report on Wednesday, February 7th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the stock. DISH Network has a consensus rating of “Hold” and an average price target of $61.82.

NASDAQ DISH traded up $0.45 during trading on Friday, reaching $37.89. 2,246,323 shares of the company’s stock traded hands, compared to its average volume of 2,293,796. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.61 and a current ratio of 0.68. The company has a market capitalization of $17,674.74, a price-to-earnings ratio of 14.92, a price-to-earnings-growth ratio of -7.70 and a beta of 1.11. DISH Network has a 12-month low of $36.00 and a 12-month high of $66.50.

DISH Network (NASDAQ:DISH) last posted its earnings results on Wednesday, February 21st. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.52 billion. DISH Network had a net margin of 14.59% and a return on equity of 22.56%. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.70 EPS. equities analysts expect that DISH Network will post 2.47 earnings per share for the current fiscal year.

In other DISH Network news, EVP Vivek Khemka sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $39.03, for a total transaction of $234,180.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 49.30% of the company’s stock.

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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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