Hot Stock for Investors: Discovery Communications, Inc. (DISCA)

Rodiano Bonacci
Января 19, 2018

The company's Average Revenue Estimate for the current quarter is $1.9 Billion, while Low and High Revenue Estimates are $1.49 Billion and $2.19 Billion respectively. They are also projecting the Low EPS estimate of $0.15 and the High EPS estimate of $0.43. BidaskClub downgraded Discovery Communications from a hold rating to a sell rating in a research report on Friday, June 23rd. The company reported the earnings of $0.38/Share in the last quarter where the estimated EPS by analysts was $0.54/share. Net profit margin of Williams Companies, Inc. The business had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.64 billion. While for the next 5 years, the growth estimate is 10.97%.

Discovery Communications, Inc. operates as a media firm worldwide.

A number of equities research analysts have issued reports on DISCA shares. ValuEngine upgraded Discovery Communications from a "hold" rating to a "buy" rating in a report on Tuesday, October 10th. RBC Capital Markets maintained the shares of DISCA in report on Thursday, July 13 with "Buy" rating. Royal Bank of Canada reiterated a "buy" rating and set a $29.00 target price on shares of Discovery Communications in a report on Friday, October 20th. The stock's price to sales ratio for trailing twelve months is 1.37 and price to book ratio for the most recent quarter is 1.64, whereas price to cash per share for the most recent quarter are 1.31.

Among 31 analysts covering Discovery Communications (NASDAQ:DISCA), 7 have Buy rating, 4 Sell and 20 Hold. Price Target plays a critical role when it comes to the analysis of a Stock.

In related news, Director John C. Malone acquired 332,523 shares of the company's stock in a transaction that occurred on Wednesday, December 13th. The stock was acquired at an average price of $19.72 per share, with a total value of $6,557,353.56. Following the completion of the transaction, the chief financial officer now owns 50,000 shares in the company, valued at approximately $772,500. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Bruce Campbell sold 3,047 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $26.43, for a total value of $245,349.69. The disclosure for this sale can be found here.

In the past 5 years, the stock showed growth of 9.49% per annum.

A number of large investors have recently modified their holdings of DISCA.

Discovery Communications (NASDAQ:DISCK) last issued its quarterly earnings results on Thursday, November 2nd. AXA now owns 438,550 shares of the company's stock worth $9,336,000 after buying an additional 16,000 shares during the period. California Public Employees Retirement System increased its position in shares of Discovery Communications by 7.2% during the third quarter. The stock of STMicroelectronics N.V. (NYSE:STM) earned "Buy" rating by Credit Suisse on Thursday, January 11. Acadian Asset Management LLC bought a new position in Discovery Communications during the first quarter valued at approximately $134,000. Bank of Montreal Can now owns 124,515 shares of the company's stock worth $2,786,000 after acquiring an additional 71,848 shares during the period. Finally, Creative Planning purchased a new position in Discovery Communications in the fourth quarter worth $207,000. Schwab Charles Investment Management Inc. lifted its stake in shares of Discovery Communications by 16.3% in the 4th quarter. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors.

The High Revenue estimate is predicted as 1.82 Million, while the Low Revenue Estimate prediction stands at 1.7 Million. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87. The firm has a market capitalization of $8,310.00, a P/E ratio of 17.81, a PEG ratio of 1.12 and a beta of 1.56.

ILLEGAL ACTIVITY NOTICE: "Discovery Communications Inc".

COPYRIGHT VIOLATION WARNING: This story was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this story on another website, it was stolen and reposted in violation of worldwide trademark & copyright laws. Jefferies maintained Discovery Communications, Inc. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements.

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