The price of DISH Network Corporation (NASDAQ: DISH) closed at $6.60 in the last session, down -2.65% from day before closing price of $6.78. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 6398729 shares were traded. DISH stock price reached its highest trading level at $6.95 during the session, while it also had its lowest trading level at $6.59.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
We take a closer look at DISH’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 1.12.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 12 when DEFRANCO JAMES bought 1,000,000 shares for $6.15 per share. The transaction valued at 6,146,000 led to the insider holds 5,367,658 shares of the business.
DEFRANCO JAMES bought 2,000,000 shares of DISH for $12,440,000 on May 11. The Director now owns 4,767,658 shares after completing the transaction at $6.22 per share. On Mar 08, another insider, DEFRANCO JAMES, who serves as the Director of the company, bought 150,000 shares for $11.46 each. As a result, the insider paid 1,719,000 and bolstered with 3,767,658 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DISH now has a Market Capitalization of 3.35B and an Enterprise Value of 25.13B. As of this moment, DISH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 1.54 whereas that against EBITDA is 6.89.
Stock Price History:
Over the past 52 weeks, DISH has reached a high of $23.49, while it has fallen to a 52-week low of $5.94. The 50-Day Moving Average of the stock is 7.90, while the 200-Day Moving Average is calculated to be 13.29.
According to the various share statistics, DISH traded on average about 9.43M shares per day over the past 3-months and 10.83M shares per day over the past 10 days. A total of 531.29M shares are outstanding, with a floating share count of 251.08M. Insiders hold about 0.40% of the company’s shares, while institutions hold 82.90% stake in the company. Shares short for DISH as of Apr 27, 2023 were 50.07M with a Short Ratio of 50.07M, compared to 48.13M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 9.43% and a Short% of Float of 24.03%.
Dividends & Splits
The current Payout Ratio is 0.00% for DISH, which recently paid a dividend on Dec 27, 2012 with an ex-dividend date of Dec 11, 2012. Stock splits for the company last occurred on Mar 22, 2000 when the company split stock in a 2:1 ratio.
The company has 11 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.31 for the current quarter, with a high estimate of $0.61 and a low estimate of $0.03, while EPS last year was $0.82. The consensus estimate for the next quarter is $0.14, with high estimates of $0.49 and low estimates of -$0.11.
Analysts are recommending an EPS of between $2.04 and -$1.11 for the fiscal current year, implying an average EPS of $0.78. EPS for the following year is -$0.1, with 12 analysts recommending between $1.51 and -$2.05.
According to 10 analysts, the current quarter’s revenue is expected to be $3.92B. It ranges from a high estimate of $4.05B to a low estimate of $3.82B. As of the current estimate, DISH Network Corporation’s year-ago sales were $4.21B, an estimated decrease of -6.80% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $3.88B, a decrease of -6.40% over than the figure of -$6.80% in the same quarter last year. There is a high estimate of $4.01B for the next quarter, whereas the lowest estimate is $3.77B.
A total of 13 analysts have provided revenue estimates for DISH’s current fiscal year. The highest revenue estimate was $17.22B, while the lowest revenue estimate was $15.27B, resulting in an average revenue estimate of $15.81B. In the same quarter a year ago, actual revenue was $16.68B, down -5.20% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $15.72B in the next fiscal year. The high estimate is $18.1B and the low estimate is $14.7B. The average revenue growth estimate for next year is down -0.50% from the average revenue estimate for this year.