Analysts rate DISH Network Corp. (DISH:NSD) with a Strong Buy, $50 Target

STA Research
by: STA Research

Analysts rate DISH Network with a consensus Strong Buy rating and a 12-month average target price of $50.31 per share.

UBS Securities upgraded DISH Network from Neutral to Buy, and maintained the $44 target on the company’s stock price.

Based on the DISH Network Corporation stock forecasts from 8 analysts, the average analyst target price for DISH Network Corporation is USD 50.31 over the next 12 months. DISH Network Corporation’s average analyst rating is. Stock Target Advisor’s own stock analysis of DISH Network Corporation is Slightly Bullish, which is based on 6 positive signals and 4 negative signals. At the last closing, DISH Network Corporation’s stock price was USD 29.47. DISH Network Corporation’s stock price has changed by -2.49% over the past week, -0.90% over the past month and -15.39% over the last year.

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. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

Compared to its sector, this stock has shown top quartile earnings growth in the previous 5 years.

What we don’t like:

Poor risk-adjusted returns

This company is delivering below median risk-adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on a cash flow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.

Highly leveraged

Compared to its sector peers on debt to equity, the company is in the bottom half and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

 

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