|Bid||31.53 x 3200|
|Ask||42.00 x 4000|
|Day's Range||32.27 - 32.89|
|52 Week Range||23.22 - 40.03|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||10.80|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||45.86|
Dish (DISH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Disney’s Fox Acquisition Just Cleared Its Final Regulatory Hurdle(Continued from Prior Part)Disney’s stock price movement The Walt Disney Company (DIS) stock fell 0.02% and closed at $114.73 on March 12. Disney stock has risen 10.8% in the past
Legacy Media Companies Fight for Survival: DIS, DISH, ATUS, FOX(Continued from Prior Part)Company ordered to pay $179 million in damages An arbitrator ordered 21st Century Fox (FOX) to pay $179 million in damages to actors and producers of the drama
DISH Network Corp NASDAQ/NGS:DISHView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for DISH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative but appears to be improving. Over the last one-month, outflows of investor capital in ETFs holding DISH totaled $4.70 billion. However, outflows appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. Although DISH credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Why Buckingham Downgraded Netflix(Continued from Prior Part)Competition in the streaming space Netflix (NFLX) got a downgrade from Buckingham on Friday, as it faces stiff competition in the streaming space from established players such as Amazon’s
Legacy Media Companies Fight for Survival: DIS, DISH, ATUS, FOX(Continued from Prior Part)Viacom wastes no time closing Pluto dealViacom (VIAB) (VIA) has completed the acquisition of Pluto TV. Viacom announced its plan to acquire Pluto in January
How Comcast and Disney Are Countering Headwinds(Continued from Prior Part)Disney forced to drop certain Fox assetsRegulators have reshaped the Disney-Fox deal to the point that investors may be asking whether Walt Disney (DIS) is still getting
Legacy Media Companies Fight for Survival: DIS, DISH, ATUS, FOX(Continued from Prior Part)Altice reviewing its options for Lightpath Altice USA (ATUS) is exploring strategic options for its Lightpath unit, CEO Dexter Goei said at an investor briefing
Legacy Media Companies Fight for Survival: DIS, DISH, ATUS, FOX(Continued from Prior Part)Dish slashed Sling price for new subscribersDish Network’s (DISH) Internet-based television service, Sling TV, has been a fountain of hope for the company.
Recent optimism has seen investors rush back into risky stocks, but may be set for a pullback as global economic risks persist.
How Comcast and Disney Are Countering Headwinds(Continued from Prior Part)Disney hires an executive who knows Netflix’s strategyAfter denying Netflix (NFLX) its movies, Walt Disney (DIS) has recently made a move that could deal another blow to
How Comcast and Disney Are Countering Headwinds(Continued from Prior Part)Comcast to continue licensing its content Comcast (CMCSA) will continue to license its movies and shows to other digital video providers even as it gears up to launch its own
How Comcast and Disney Are Countering Headwinds(Continued from Prior Part)BluVector provides protection for enterprisesComcast’s (CMCSA) recent purchase of cybersecurity company BluVector for an undisclosed amount looks like a promising
How Comcast and Disney Are Countering HeadwindsComcast wanted an expert to meet its legal needs Comcast (CMCSA) recently announced the hiring of Thomas Reid as its general counsel. Comcast’s current general counsel, Arthur Block, is retiring after
Over nine years, he's helmed the organization through a periods of significant corporate growth in the area.
Investing.com - The S&P; 500 fell modestly on Tuesday as gains in tech and retailers were offset by a fall in industrials, led by a slump in General Electric .
Sinclair Broadcast (SBGI) fourth-quarter 2018 results benefit from mid-term political ad spending and growth in non-media revenues.
When it comes to Dish Network (NASDAQ:DISH) the haters have it right. Dish stock still is a little too risky.Source: Dave L via FlickrDISH lost a net 334,000 subscribers in its recent disappointing quarter, worse than the 264,000 analysts had expected, as viewers dropped the service in response to content cutbacks. DISH no longer offers AT&T's (NYSE:T) HBO and Spanish language broadcaster Univision because of disputes over retransmission fees.The growth in cord-cutters who quit pay TV services like DISH for cheaper alternatives only makes matters worse for the company.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Cheap Stocks That Make the Grade CEO W. Erik Carlson warned that the customer losses would continue in April if HBO isn't restored in time for the new season of "Game of Thrones." The odds are slim that any of the defecting customers will return if DISH can ever come to terms with the content providers. Given the plethora of TV-watching choices available to consumers, why would they bother? DISH ValuationTo be sure, DISH stock is dirt cheap, trading at a multiple of 10.79 times this year's earnings. Wall Street analysts have an average 52-week price target of $45.90, more than 40 percent higher than where it currently trades. However, the stock, which lost ground recently after posting disappointing earnings, is a "value trap."While DISH Chairman Charlie Ergen is a billionaire for a reason, he has made his share of bone-headed moves including his $228 million acquisition of Blockbuster, which he planned to turn into a rival to Netflix (NASDAQ:NFLX). Of course, that didn't happen and the Blockbuster brand is only a memory now. His current plan to convert DISH into a 5G player won't be easy to pull off or cheap.As CNBC noted in July 2018, Ergen has spent nearly $20 billion on the wireless spectrum that he plans to use to build a 5G network to compete for subscribers against AT&T, Verizon (NYSE: VZ) and a merged Sprint (NYSE:S) - T-Mobile (NASDAQ: TMUS). As a result, DISH's balance sheet is weighed down with more than $15 billion in debt, more than seven times its cash position.Moreover, Ergen's estimates that the 5G network will cost $10 billion to create, less than half the $25 billion figure analysts estimate. According to Charlie Gasparino of Fox Business, FCC Chairman Ajit Pai is not pleased with the pace of DISH's 5G deployment.According to Gasparino:"If Dish doesn't meet a 2020 government mandate for the buildout that covers a substantial part of the U.S. population--or convince President Trump's FCC to give it an extension-it faces the possibility that the federal government will pull some of its wireless licenses leaving the cash-strapped company billions of dollars in the hole."Veteran telecommunications analyst Craig Moffett also is a skeptic, noting in a 2018 client note:It's a Hollywood-worthy script. … A multi-billionaire is risking everything to recapture the entrepreneurial glories of his early days in satellite TV. To succeed, our protagonist will have to navigate a murderers' row of cord-cutting, groaning debt obligations, and an FCC buildout requirement that could render some of his most precious assets worthless."Not surprisingly, Dish Network told the network that it expects to meet its mandated milestones. Challenges Abound for DISHThough the company's Sling TV was the first so-called "skinny bundle" when it entered the market in 2015, it now has plenty of company. Competition for the cord-cutting market is heating up thanks to rivals such as AT&T's DirecTV Now, Hulu Live With TV and Alphabet's (NASDAQ: GOOG) YouTube TV.In a note to clients last year, Macquarie Capital Analyst Amy Yong predicted that Sling TV's growth will slow and that the service will eventually be eclipsed by DirecTVNow and Hulu Live With TV, which now has 1 million subscribers. Media reports indicate that YouTube TV has about 800,000 paying customers. YouTube TV reportedly loses money, so it wouldn't surprise me if other skinny bundles are in the same situation. Competition for Cord-CuttersGoing forward, the only way these cord-cutting services will be able to grow will be to steal each other's customers by offering deep price cuts. That's great news for consumers and bad news for shareholders of DISH and other providers.In short, the risks around DISH stock are too numerous and serious for investors to ignore. This is a stock that should be avoided. Jonathan Berr doesn't own shares of any securities discussed here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monthly Dividend Stocks to Buy to Pay the Bills * 9 High-Growth Stocks to Buy Now for Monster Returns * 7 Healthy Dividend Stocks to Buy for Extra Stability Compare Brokers The post It May Look Cheap, but Don't Be Tempted by DISH Stock appeared first on InvestorPlace.
The Latest in Big Media: DIS, DISH, CHTR, DISCA, and CBS(Continued from Prior Part)Company launching $15-per-month online TV serviceCharter Communications (CHTR) is embarking on a path that could see it squeeze more cash from its broadband customers
Comcast Updates: Acorns Deal, India Expansion, Legal Battles(Continued from Prior Part)Washington state seeking $171 million from ComcastTens of millions of dollars are at stake as Comcast (CMCSA) wages legal battles with states of Washington and
The Latest in Big Media: DIS, DISH, CHTR, DISCA, and CBS(Continued from Prior Part)Dish says HBO faces piracy riskA dispute centered on programming fees has kept HBO shows from Dish Network’s (DISH) TV platforms for months. HBO shows went dark on