DISH Network Corp (DISH): Today's Featured Media Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

DISH Network ( DISH) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.1%. By the end of trading, DISH Network fell 41 cents (-1.3%) to $31.08 on average volume. Throughout the day, 1.5 million shares of DISH Network exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $31.04-$31.74 after having opened the day at $31.49 as compared to the previous trading day's close of $31.49. Other companies within the Media industry that declined today were: LodgeNet Interactive Corporation ( LNET), down 22.9%, AirMedia Group ( AMCN), down 17.5%, Noah Education Holdings ( NED), down 11.3%, and Charm Communications ( CHRM), down 9.5%.

DISH Network Corporation, together with its subsidiaries, provides direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $6.47 billion and is part of the services sector. The company has a P/E ratio of 11.7, above the average media industry P/E ratio of 10.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 10.6% year to date as of the close of trading on Monday. Currently there are seven analysts that rate DISH Network a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Dex One ( DEXO), up 31.4%, VisionChina Media ( VISN), up 8.3%, Radio One ( ROIA), up 7.2%, and Point.360 ( PTSX), up 7.2%, were all gainers within the media industry with News ( NWS) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).
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