Today's Post-Market Laggard: DISH Network (DISH)
Trade-Ideas LLC identified
(
) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified DISH Network as such a stock due to the following factors:
- DISH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $159.5 million.
- DISH is down 4.4% today from today's close.
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More details on DISH:
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. DISH has a PE ratio of 22. Currently there are 4 analysts that rate DISH Network a buy, 2 analysts rate it a sell, and 9 rate it a hold.
The average volume for DISH Network has been 2.4 million shares per day over the past 30 days. DISH Network has a market cap of $22.0 billion and is part of the services sector and media industry. The stock has a beta of 1.26 and a short float of 4.1% with 1.90 days to cover. Shares are down 19.5% year-to-date as of the close of trading on Wednesday.
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Analysis:
rates DISH Network as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk.
Highlights from the ratings report include:
- Despite its growing revenue, the company underperformed as compared with the industry average of 8.4%. Since the same quarter one year prior, revenues slightly increased by 2.6%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- 36.53% is the gross profit margin for DISH NETWORK CORP which we consider to be strong. Regardless of DISH's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, DISH's net profit margin of -3.31% significantly underperformed when compared to the industry average.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 25.77%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 130.68% compared to the year-earlier quarter. Although its share price is down sharply from a year ago, do not assume that it can now be tagged as cheap and attractive. The reality is that, based on its current price in relation to its earnings, DISH is still more expensive than most of the other companies in its industry.
- Net operating cash flow has significantly decreased to $206.04 million or 66.84% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- You can view the full DISH Network Ratings Report.
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