DISH Network Corp (DISH): Today's Featured Services 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 Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.7%. By the end of trading, DISH Network fell 80 cents (-2.1%) to $36.40 on light volume. Throughout the day, 1.4 million shares of DISH Network exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in price between $36.26-$37.10 after having opened the day at $36.98 as compared to the previous trading day's close of $37.20. Other companies within the Services sector that declined today were: Envoy Capital Group ( ECGI), down 12.5%, USA Truck ( USAK), down 7.8%, Coast Distribution System ( CRV), down 7.6%, and China Auto Logistics ( CALI), down 7.5%.
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DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $7.95 billion and is part of the media industry. The company has a P/E ratio of 26.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Friday. Currently there are five analysts that rate DISH Network a buy, one analyst rates it a sell, and four 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Planet Payment ( PLPM), up 11.6%, Learning Tree International ( LTRE), up 9.7%, Gol Intelligent Airlines ( GOL), up 9.6%, and Era Group ( ERA), up 9.5%, were all gainers within the services sector with CBS Corporation ( CBS) being today's featured services sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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