6 Most Important Things in Business Today

The new Star Wars movie did poorly at the box office. According to Box Office Mojo:

Disney and Lucasfilms’s Solo: A Star Wars Story topped the Memorial Day holiday weekend box office, but the film fell well short of expectations, raising a few valid questions. Was it too soon to release another Star Wars movie five months after the last installment and was the competition just too stiff from the likes of Deadpool 2 and Disney’s own Avengers: Infinity War?

Fiat Chrysler Automobile N.V.’s (NYSE: FCAU) longtime CEO will leave and the company is preparing. According to The Wall Street Journal:

A decade after Chrysler filed for bankruptcy, a nearly debt-free Fiat Chrysler Automobiles NV is preparing to unveil a growth plan for the next five years at a test track outside Milan.

The presentation Friday for investors and media at the Italian-American company��s Balocco Proving Ground is expected to preview product plans and financial goals following the departure of Chief Executive Sergio Marchionne, who plans to step down early next year.

Apple Inc.’s (NASDAQ: AAPL) next iPhone may have new components. According to CNBC:

Apple may be planning to use high-end technology in the screens for all of its new iPhone models next year, according to a report from South Korea’s Electronic Times.

The American tech juggernaut is reportedly looking at organic light-emitting diode, or OLED, panels, which make images appear brighter and sharper compared to another technology used for some smartphone screens �� liquid crystal display, or LCD.

Canadian banks may have been hit by cyber-criminals. According to CNBC:

Bank of Montreal and Canadian Imperial Bank of Commerce said Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on financial institutions in the country.

Bank of Montreal, Canada’s fourth biggest lender, said it was contacted by fraudsters Sunday who claimed they were in possession of the personal and financial information of a limited number of the bank’s customers.

Starbucks Corp. (NASDAQ: SBUX) will close many of its stores this week for anti-bias training. According to CNBC:

Starbucks will close about 8,000 company-owned locations on Tuesday afternoon to offer 175,000 employees a mandatory anti-bias training.

Most of the 7,000 licensed stores, including those operated by hotels, grocery stores and airports, should be open.

BrandZ released its report on the world’s most valuable brands. Google finished first with a brand value of $302 billion.

Top Financial Stocks For 2018

tags:FLEX,JBHT,VMO,

9 Ways to Save on Taxes in Retirement

The Roth Annuity: A Bright Star in Annuity Investing

Sex, Drugs and Pay-to-Play Fraud Hit New York Pension Fund: SEC

Less than 40% of workers said they have recovered financially from the recession that started in December 2007, according to a report from Transamerica Center for Retirement Studies. Thirteen percent said their recovery hasn’t started yet, while 7% said they may never recover.

That lukewarm recovery can be seen in respondents’ retirement outlooks. The survey found 41% of workers have somewhat recovered from the financial crisis; a similar percentage – 47% – are somewhat prepared for retirement. Twenty percent of respondents said they have fully recovered from the crisis; 15% are very confident they’ll live comfortably in retirement.

You are signed up!

ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business. Resources Outlook 2017: Capitalizing on Change

Read our outlook to help find opportunities amid uncertainty in 2017. Our market strategists offer views on the economy and the stock and bond markets....

Top Financial Stocks For 2018: Flextronics International Ltd.(FLEX)

Advisors' Opinion:

• [By Paul Ausick]

  Flex Ltd. (NASDAQ: FLEX) fell by nearly 22% Friday to post a new 52-week low of $13.05 after closing at $16.64 on Thursday. The 52-week high is $19.71. Volume of about 28 million was nearly seven times the daily average of about 4.4 million. The company missed earnings estimates this morning and announced that it is investigating allegations of improper accounting.

• [By Peter Graham]

  Mid cap electronic manufacturing services (EMS) stock Flextronics International Ltd (NASDAQ: FLEX) reported fiscal Q3 2017 earnings after the market closed on Thursday with results beating expectations. Q3 net sales grew 10% to�$6.75 billion above the high end of the guidance range of $6.3 to $6.7 billion. GAAP net income was approximately $118 million�versus net income of $129 million.�The earnings release also noted:

• [By Timothy Green]

  Shares of manufacturing services provider Flex Ltd. (NASDAQ:FLEX) slumped on Friday after the company reported mixed fourth-quarter results and provided earnings guidance that fell short of analyst expectations. As of 11:15 a.m. EDT, the stock was down about 16%.

Top Financial Stocks For 2018: J.B. Hunt Transport Services Inc.(JBHT)

Advisors' Opinion:

• [By ]

  JB Hunt Transport Services (Nasdaq: JBHT) specializes in the truck-to-rail intermodal segment of the industry, which means it may not benefit quite as much as the long-haul operators. Wages as a percentage of revenue are the lowest among the four competitors surveyed, though the average driver salary is slightly above the industry average.

• [By ]

  But then there's the little-known trucking company JB Hunt (JBHT) , which popped 6.1% because the company saw some surprise growth that no one was expecting. That news was so strong, FedEx (FDX) and XPO Logistics (XPO) also rose 2.2% and 4.6%.

• [By Garrett Baldwin]
  The ongoing trade rift between the United States and China continues to plague international markets. Despite reports that both countries are working behind the scenes to prevent additional detrimental trade policies, both countries recently proposed tens of billions in new tariffs on one another. The United States has accused China of widespread intellectual property theft, while China has accused the United States of unfair trade practices, including price manipulation in the agricultural industry. This morning, it's worth noting that proposed tariffs on U.S. business jets will likely not provide a competitive advantage to foreign competition. Reuters reports that Chinese aviation executives do not see the layer of protectionism as a way to bolster the nation's local market. Check back to Money Morning today for more insight on how the ongoing trade war could affect your investments. Finally, investors will continue to monitor ongoing developments in Washington around the presidency of Donald Trump. The White House has asked a federal judge to block prosecutors from reviewing any files seized from his lawyer's office during a raid by the FBI last week. The agency seized a trove of documents from lawyer Michael Cohen's office as part of an investigation into a payment of hush money. The spat between the White House and the FBI continues a day after former FBI Director James Comey called Trump "morally unfit to be president." Three Stocks to Watch Today: BAC, NFLX, AAPL Shares of Bank of America Corp. (NYSE: BAC) added nearly 1% after the nation's largest bank by deposits topped Wall Street earning expectations. The financial institution leads a busy day of earnings reports on Wall Street and hopes to keep its positive momentum from previous quarters. The firm reported earnings per share of $0.62 on top of $23.27 billion in revenue. That topped expectations of $0.59 on top of $22.91 billion thanks to strong growth in its consumer loan business and the r
• [By ]

  JB Hunt Transport Services (JBHT) : "I'm sticking with it."

  Opko Health (OPK) : "I've been waiting for these guys to come back on the show and tell us why we should buy."

• [By ]

  In the Lightning Round, Cramer was bullish on T-Mobile US (TMUS) , Lennar (LEN) , Toll Brothers (TOL) , Tyson Foods (TSN) , JB Hunt Transport Services (JBHT) and International Paper (IP) .

• [By Chris Lange]

  The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) which rose about 6% to $119.64. The stock��s 52-week range is $83.35 to $126.49. Volume was over 2 million compared to the daily average volume of 1 million.

Top Financial Stocks For 2018: Invesco Municipal Opportunity Trust(VMO)

Advisors' Opinion:

• [By Logan Wallace]

  Invesco Van Kampen Municpl Opprtnty Trst (NYSE:VMO) declared a monthly dividend on Tuesday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 17th will be paid a dividend of 0.0554 per share by the investment management company on Monday, April 30th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.66%. The ex-dividend date of this dividend is Monday, April 16th.

How Much Does a Boeing 777X Cost?

The most expensive aircraft on the Boeing Co. (NYSE: BA) price list is the 777-9, the larger of two versions of the new 777X family. The plane lists for $425.8 million. The smaller 777-8 lists for $394.9 million, only $8 million less than the 747-8 jumbo jet.

The company has booked 326 orders for the 777 planes but does not break out the orders by model. The launch customer for the plane is Emirates, the flag carrier for the United Arab Emirates, and the first plane is scheduled to be delivered to the airline in mid-2020. The Middle Eastern carrier replaced Lufthansa as the 777X launch customer when the German carrier asked for more time to consider its options.

Emirates has ordered nearly half the current backlog of the new plane: 35 777-8s and 115 777-9s. The total value of the order at list prices is $76 billion. The airline also has purchase rights for an additional 50 of the airplanes.

The 777X made the news last week when the U.S. Federal Aviation Administration certified the folding wingtips Boeing included in the plane’s design. The 777X carbon-fiber wing is longer than that on most aircraft, which adds to its ability to fly higher, faster and more economically.

Source: courtesy of Boeing Co.

 

The plane’s full wingspan, however, was too large to fit into the gate space at many airports. The folding wingtips reduce the 777X’s full wingspan from 235 feet to 212 feet. The enormous wingspan of the Airbus A380 forced airports that wanted to accommodate the superjumbo jet to build new or remodel existing gate space. That’s not cheap and there were not a lot of takers.

The folding wingtips on the 777X, while unique on a passenger jet, are not that difficult an engineering problem. Military jets designed for carrier service have long used folding wings.

The first 777X engine, a General Electric Co. (NYSE: GE) GE9X, made its first test flight in March on a 747 testbed aircraft. The first test flight of a 777X equipped with the GENX engines is still on track for next year.

24/7 Wall St.
Companies With the Best and Worst Reputations

The stock market is poised for its best May in 9 years��but the coming week is crucial

So far, the month of May is turning out to be a solid, if not turbulent, period for stock-market investors, but there��s plenty of cause for caution.

Indeed, the S&P 500 index SPX, -0.24% is staged for the best May performance in nine years, boasting a month-to-date return of 2.8% thus far, while the Dow Jones Industrial DJIA, -0.24% � also headed for the best May since 2009, according to FactSet data. Back in 2009, the Dow booked a 4.1% return for May as the S&P 500 returned 5.3% that month.

The Nasdaq Composite Index COMP, +0.13% �is the outperformer, on track for a May return of 5.2%, which would represent the technology-tilted index��s best rise for that month since 2005, when it advanced by 7.63%.

However, a string of economic reports, including those on trade and an updated reading of first-quarter gross domestic product are likely to be key guideposts for Wall Street, ahead of Friday��s important jobs report for May that caps the week and kicks of June trade.

That��s certainly not to suggest that May��s performance is defying the old aphorism of ��sell in May and go away.�� As MarketWatch��s Ryan Vlastelica writes, May tends to be a mixed month for stocks return-wise. Meanwhile, columnist Michael Brush notes that the adage behind dumping stocks in May extends beyond the summer and through October, where historical data show that returns during that phase tend to be poorer on average, compared against performance outside of that period.

Read: Don��t get burned: June is the second-worst month of the year for the Dow

And amid growing concerns about the resurgence of antiestablishment parties the League and 5 Star Movement in Italy (and now a push to oust Spain��s Prime Minister Mariano Rajoy), and the potential for those developments to spill over into the broader markets, there��s an abundant source of agita for investors in coming months that will test their resolve.

So far, market participants��shrugging off tweets from the White House on trade deals with China and tensions with North Korea��have been gingerly dipping into stocks, with the S&P 500 index about 5.3% from its record close that was hit Jan. 26, while the Nasdaq stands about 2% shy of its all-time high notched March 12. Meanwhile, the Dow is about 7% from its late-January apex.

Small-caps and transports

Some traders and investors have been taking note of the breakout in the small-capitalization Russell 2000 RUT, -0.08% and the Dow Jones Transportation Average DJT, +0.44% on the idea that these indexes may reflect the underlying health of the domestic economy and market.

That��s even as fears about international trade conflicts, rising rates of the 10-year Treasury note TMUBMUSD10Y, -1.66% renewed dollar DXY, +0.51% �strength and what had been a runaway rally in West Texas Intermediate crude oil, have fueled anxieties about dynamics that could knock the market out of its groove and boost inflation.

Check out: The stock market��s ��broken leg�� is nearly healed, analyst says

The Russell 2000 is up 5.5% month to date and just 0.6% shy of a record close achieved May 21, while the Dow transports have gained 4.7% thus far in March, about 4.2% from a Jan. 12 all-time high. The chart below shows the relative year-to-date performance of the Russell (purple) and DJT (green) against those for the S&P 500 (gray) and the Dow (blue).

The Russell 2000 has been benefiting from heavier domestic revenue exposure, which insulates its small-cap constituents from rising bond yields, the stronger U.S. dollar, and trade tensions, among other headwinds, experts have said.

Michael Antonelli, equity sales trader at R.W Baird & Co. said investors ought to be careful about putting too much emphasis on the uptrend for small-caps, however. ��Small-caps are almost never an indicator that the broader markets is going higher,�� he said. MarketWatch��s Mark Hulbert agrees, noting that the small-cap gauge ��represents less than 10% of the total market cap of the entire U.S. stock market.��

What about the pop for transports, which rose 0.4% on Friday as crude-oil futures tumbled by 4%?

Antonelli said it ��bodes well�� that the indicator is rallying but added that the DJT needs to put in another record to help confirm what so-called Dow Theorists view as bullish technical omen.

The week ahead

Monday��markets closed in observance of Memorial Day

Tuesday

St. Louis Federal Reserve President James Bullard set to speak at 12:40 a.m. Eastern Time to discuss U.S. economy and monetary policy at the Japan Center for International Finance��s Global Finance Seminar in Tokyo Case-Shiller home price index due at 9 a.m. Consumer confidence set for 10 a.m.

Wednesday

ADP Inc. employment report for May due 8:15 a.m., with a previous reading of 204,000 jobs GDP Q1 update, released at 8:30 a.m., with estimates of 2.3% Advance trade in goods for April due 8:30 a.m. Beige book set for 2 p.m. Fed to issue a proposal to change the Volcker rule

Thursday

Weekly jobless claims due 8:30 a.m., with a forecast for 223,000 claims A report on personal income, consumer spending and core inflation for April all due at 8:30 a.m. Chicago PMI for May slated for 9:45 a.m. A monthly report on pending home sales for April due at 10 a.m. EIA natural-gas inventory report set for 10:30 a.m., with petroleum at 11 a.m. Fed��s Raphael Bostic is set to speak at 12:30 p.m. at a conference in Florida

Friday

Nonfarm payrolls report slated for 8:30 a.m. Markit manufacturing report for May set for 9:45 a.m. ISM manufacturing and construction are due at 10 a.m. A report on oil and natural gas rig counts are due at 1 p.m. from Baker Hughes

Read: Jobs report expected to point to better hiring��and increased interest rates

Mark DeCambre

Mark DeCambre is MarketWatch's markets editor. He is based in New York. Follow him on Twitter @mdecambre.

We Want to Hear from You

Join the conversation

Comment Related Topics U.S. Stocks Markets NY Stock Exchange NASDAQ Quote References SPX -6.43 -0.24% DJIA -58.67 -0.24% COMP +9.42 +0.13% RUT -1.29 -0.08% DJT +47.31 +0.44% TMUBMUSD10Y -0.05 -1.66% DXY +0.48 +0.51% Show all references MarketWatch Partner Center

T-Mobile Has More Upside Than Sprint - Cramer's Lightning Round (5/22/18)

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday, May 22.

Bullish Calls

Verint Systems (NASDAQ:VRNT): Cramer likes the digital video and surveillance industry. Cramer thinks the stock is okay.

First Data (NYSE:FDC): "We had CEO Frank Bisignano on recently and he carried himself well. That was a terrific quarter. What can I say? I did not expect it to be that much of a blowout and it was."

Bearish Calls

Altria Group (NYSE:MO): The competitor 'Juul' is hurting the whole industry. Cramer cannot recommend tobacco companies.

Corning (NYSE:GLW): Cramer does not like optical fiber.

Beacon Roofing Supply (NASDAQ:BECN): A lot of these companies including Beacon Roofing missed the quarter. They can bounce back but anything housing is just going down and tough to own.

Sprint Corporation (NYSE:S): No. T-Mobile (NASDAQ:TMUS) has more upside.

Opko Health (NYSEMKT:OPK): The company doesn't have any traction since they bought BioReference Lab. It's a reasonable company though.

Flex (NASDAQ:FLEX): They had accounting issues and that equals sell.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer's Action Alerts PLUS: Check out Cramer's multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up

Top Cheap Stocks To Buy Right Now

tags:QLYS,ASYS,MSA,

In recent years, U.S. investors would have done well to avoid the rest of the world. But after years of poor results, foreign stocks are now a lot cheaper than their U.S. counterparts, enhancing their appeal for value-conscious investors.

Tool: Our Mutual Fund Finder

The list of one-year winners among funds that focus on large, growing companies features two funds from Harding Loevner, which specializes in overseas stocks. The separate management teams that run International Equity Research Portfolio (HLMNX) and International Equity Portfolio (HLINX) start with a pool of 250 firms in both developed and emerging nations that meet four criteria. Each company must have a competitive edge in its industry, a strong balance sheet, sustainable growth that��s not vulnerable to business cycles, and smart, shareholder-focused executives. Harding Loevner��s analysts rate each stock ��buy,�� ��sell�� or ��hold.��

Top Cheap Stocks To Buy Right Now: Qualys, Inc.(QLYS)

Advisors' Opinion:

• [By ]

  In the Lightning Round, Cramer was bullish on Align Technology (ALGN) , Regions Financial (RF) , Edwards Lifesciences (EW) , Qualys (QLYS) and HEICO (HEI) .

• [By ]

  Qualys (QLYS) : "I think this is a good company, but everything is coming down, so let's wait to buy some more."

  HEICO (HEI) : "We're not buying anything at a 52-week high -- but on a pullback, you bet."

Top Cheap Stocks To Buy Right Now: Amtech Systems Inc.(ASYS)

Advisors' Opinion:

• [By Stephan Byrd]

  ValuEngine cut shares of Amtech Systems (NASDAQ:ASYS) from a hold rating to a sell rating in a research note published on Wednesday morning.

  Separately, Zacks Investment Research raised Amtech Systems from a sell rating to a hold rating in a research report on Monday, April 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $14.88.

• [By Lisa Levin] Gainers The Trade Desk, Inc. (NASDAQ: TTD) jumped 36.2 percent to $71.82 after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance. WideOpenWest, Inc. (NYSE: WOW) jumped 30.4 percent to $8.80 after the company reported Q1 results. MoSys, Inc. (NASDAQ: MOSY) shares surged 28.6 percent to $1.9541 after the company reported better-than-expected Q1 results and issued strong Q2 forecast. Boxlight Corporation (NASDAQ: BOXL) gained 24 percent to $6.39. Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares gained 19.1 percent to $24.60. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval. Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 17 percent to $10.31 after reporting Q3 results. ArcBest Corporation (NASDAQ: ARCB) gained 16.8 percent to $43.1457 after reporting upbeat quarterly earnings. Amtech Systems, Inc. (NASDAQ: ASYS) rose 16.2 percent to $8.60. Amtech posted Q2 earnings of $0.19 per share on sales of $32.783 million. Identiv, Inc (NASDAQ: INVE) surged 14.4 percent to $3.8450 following Q1 results. Omeros Corporation (NASDAQ: OMER) shares rose 14.3 percent to $18.43 following Q1 results. VivoPower International PLC (NASDAQ: VVPR) gained 11.5 percent to $2.71. Intersections Inc. (NASDAQ: INTX) gained 11.4 percent to $2.55 after reporting Q1 results. Noodles & Company (NASDAQ: NDLS) shares rose 10.9 percent to $8.65 following Q1 results. Voyager Therapeutics, Inc. (NASDAQ: VYGR) climbed 10.6 percent to $18.54 following Q1 results. Blink Charging Co. (NASDAQ: BLNK) rose 10.4 percent to $5.739. Immersion Corporation (NASDAQ: IMMR) gained 9.6 percent to $12.69

Top Cheap Stocks To Buy Right Now: MSA Safety Incorporporated(MSA)

Advisors' Opinion:

• [By Joseph Griffin]

  Shares of Mine Safety Appliances (NYSE:MSA) have been given an average rating of “Hold” by the six research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $97.33.

• [By Shane Hupp]

  Mine Safety Appliances (NYSE: MSA) is one of 26 publicly-traded companies in the “Surgical appliances & supplies” industry, but how does it compare to its competitors? We will compare Mine Safety Appliances to similar companies based on the strength of its risk, earnings, institutional ownership, valuation, dividends, analyst recommendations and profitability.

Score a Quick and Easy 200% Profit on This Share Buyback

Tom Gentile

You may have been seeing a lot about "share buybacks" in the news lately – especially after Apple Inc. (Nasdaq: AAPL) announced a new $100 billion stock repurchasing program.

Now, I know that "buybacks" may not sound like the most exciting thing in the news right now – but the truth is, they're extremely important for the overall market.

In fact, they're even more important when the major indices are in the red – like we saw on Tuesday when the Dow plummeted nearly 200 points.

But that's where a buyback comes in…

Not only could it be the catalyst for the start of a new rally higher, it could open the door to new, lucrative trading opportunities – like�this one…

Three Reasons Why Share Buybacks Are Good for Your Bottom Dollar

The Amephenol Corp. (NYSE: APH) is an electronic and fiber optic manufacturing company in Connecticut. Late last month, on April 25, the company released their earnings and beat all expectations, including earnings per share and reported revenue.

But more importantly, they recently announced their plan to execute a $2 billion share buyback program that will be equal to 7.9% of their stock.

Now, buybacks are always a sign of good things to come. You see, they tell investors that the company has confidence in its growth prospects – and it also shows confidence in the operations, sales, and revenue-producing potential over a longer haul. And this make the company much more appealing to investors, because you know the stock has the capability�to continue climbing in price.

Top Five: These tiny Canadian pot stocks are set to skyrocket. Click here…

Here are the top three reasons why share buybacks are good for the stock market – and your pockets:

They�prove to investors that�a company is confident and expecting growth in the near future. They are a�way to also pay off investors and reduce the overall cost of capital for the company. They show that a company believes�its shares are undervalued so they can pick them up at this suppressed price and then issue them back at�a higher value when the price increases.

How to Bank 200% on Amephenol's Share Buyback

Join the conversation. Click here to jump to comments…

Tom Gentile

About the Author

Browse Tom's articles | View Tom's research services

Tom Gentile is one of the world's foremost authorities on stock, futures and options trading.

With more than 25 years' experience trading stocks, futures, and options, Tom's style of trading systems and strategies are designed to help individual investors propel themselves past 99 percent of the trading crowd.

… Read full bio

Dish Network (DISH) Bond Prices Rise 1.1%

An issue of Dish Network (NASDAQ:DISH) debt rose 1.1% as a percentage of its face value during trading on Thursday. The debt issue has a 7.75% coupon and is set to mature on July 1, 2026. The debt is now trading at $87.00 and was trading at $87.90 last week. Price moves in a company’s debt in credit markets often predict parallel moves in its share price.

A number of equities research analysts have recently commented on DISH shares. ValuEngine downgraded Dish Network from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Zacks Investment Research downgraded Dish Network from a “buy” rating to a “hold” rating in a research report on Friday, February 23rd. Barclays set a $38.00 price objective on Dish Network and gave the company a “buy” rating in a research report on Wednesday, May 9th. Pivotal Research reaffirmed a “buy” rating and issued a $65.00 price objective (down previously from $67.00) on shares of Dish Network in a research report on Thursday, February 22nd. Finally, Cowen set a $54.00 price objective on Dish Network and gave the company a “buy” rating in a research report on Monday, March 26th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $56.75.

Get Dish Network alerts:

DISH stock traded down $0.33 during trading on Thursday, reaching $32.65. 2,331,576 shares of the stock traded hands, compared to its average volume of 2,608,871. Dish Network has a 52-week low of $32.06 and a 52-week high of $32.78. The company has a current ratio of 0.74, a quick ratio of 0.66 and a debt-to-equity ratio of 2.07. The company has a market cap of $14.92 billion, a PE ratio of 12.85, a price-to-earnings-growth ratio of -6.26 and a beta of 1.14.

Dish Network (NASDAQ:DISH) last posted its quarterly earnings results on Tuesday, May 8th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). Dish Network had a net margin of 14.75% and a return on equity of 20.48%. The firm had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same period last year, the firm posted $0.76 EPS. Dish Network’s revenue was down 6.0% on a year-over-year basis. equities analysts forecast that Dish Network will post 2.55 EPS for the current fiscal year.

In other Dish Network news, EVP Jeffrey L. Mcschooler sold 739 shares of the business’s stock in a transaction dated Monday, April 2nd. The stock was sold at an average price of $37.66, for a total transaction of $27,830.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Vivek Khemka sold 6,000 shares of the business’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $39.03, for a total value of $234,180.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,190 shares of company stock valued at $279,087. 49.20% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of the business. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Dish Network in the fourth quarter worth about $105,000. NuWave Investment Management LLC boosted its position in shares of Dish Network by 102.2% in the first quarter. NuWave Investment Management LLC now owns 3,138 shares of the company’s stock worth $118,000 after buying an additional 1,586 shares during the period. MUFG Americas Holdings Corp boosted its position in shares of Dish Network by 86.7% in the fourth quarter. MUFG Americas Holdings Corp now owns 2,800 shares of the company’s stock worth $133,000 after buying an additional 1,300 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Dish Network by 249.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,355 shares of the company’s stock worth $160,000 after buying an additional 2,394 shares during the period. Finally, Arlington Partners LLC purchased a new stake in shares of Dish Network in the fourth quarter worth about $191,000. 48.93% of the stock is owned by hedge funds and other institutional investors.

About Dish Network

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages.