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Friday, September 29, 2023

DISH Network Corporation (NASDAQ: DISH) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for DISH Network Corporation (DISH) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.65%, to $6.18. The DISH Network Corporation has recorded 170,812 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Hearst Removes Local Channels from DISH TV Customers.

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Stocks Info

The company is listed on the NASDAQ and operates within the Telecom Services industry segment. At the end of the last regular session, the stock closed at $6.14 and fluctuated between $6.45 as its day high and $6.13 as its day low. The current market capitalization of DISH Network Corporation is $3.13B. A total of 6.62 million shares were traded on the day, compared to an average of 11.86M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, DISH has seen 6 BUY and 9 SELL insider trades, representing the acquisition of 600 and the disposition of 75,185 shares. Over the last 12 months, there were 26 BUYs and 22 SELLs from insiders. Insiders purchased 5,496,482 shares during that period but sold 689,983.

In the most recent transaction, ORBAN PAUL W sold 47 shares of DISH for 8.20 per share on Aug 11. After the transaction, the EXECUTIVE VICE PRESIDENT, CFO now owns 0 company shares. In a previous transaction on Jun 22, CULLEN THOMAS A sold 25,000 shares at 6.36 per share. DISH shares that EVP, CORPORATE DEVELOPMENT owns now total 226,050.

Among the insiders who sold shares, CULLEN THOMAS A disposed of 25,000 shares on Jun 21 at a per-share price of $6.54. This resulted in the EVP, CORPORATE DEVELOPMENT holding 251,050 shares of DISH after the transaction. In another insider transaction, CULLEN THOMAS A sold 25,000 shares at $6.43 per share on Jun 20. Company shares held by the EVP, CORPORATE DEVELOPMENT now total 276,050.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for DISH in the last 3 months, the mean price target is $12.98 with high estimates of $32.00 and low estimates of $5.00. In terms of 52-week highs and lows, DISH has a high of $19.89 and a low of $5.83.

As of this writing, DISH has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.29 per share and a lower estimate of -$0.27. The company reported an EPS of $0.35 in the last quarter, which was -2.80% lower than expectations of $0.36.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DISH’s latest balance sheet shows that the firm has $5.40B in Cash & Short Term Investments as of fiscal 2021. There were $22.87B in debt and $6.52B in liabilities at the time. Its Book Value Per Share was $34.54, while its Total Shareholder’s Equity was $15.92B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DISH is Buy with a score of 3.75.

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