Discovery Communications (DISCA) Getting Somewhat Favorable Media Coverage, Analysis Shows

Discovery Communications (DISCA) Getting Somewhat Favorable Media Coverage, Analysis Shows

Discovery Communications (DISCA) Getting Somewhat Favorable Media Coverage, Analysis Shows

Pivotal Research upgraded shares of Discovery Communications, Inc. Finally, Barrington Research reiterated a "market perform" rating on shares of Discovery Communications in a research note on Tuesday, August 1st. The stock now has Weekly Volatility of 3.11% and Monthly Volatility of 3.01%. (NASDAQ:DISCA) in a report published on Friday, July 14th.

Shares of Discovery Communications (DISCA) traded down 4.08% during midday trading on Friday, reaching $23.73. (NASDAQ:DISCA) earned "Hold" rating by Wells Fargo on Thursday, July 20.

The consensus analysts recommendation at this point stands at 3.10 on Discovery Communications, Inc. RBC Capital Markets maintained the shares of DISCA in report on Wednesday, November 16 with "Outperform" rating. (NYSE:TWX), 14 have Buy rating, 0 Sell and 21 Hold. Suntrust Banks Inc sold 29,816 shares as the company's stock declined 9.80% while stock markets rallied. Citigroup Inc. raised Discovery Communications from a "neutral" rating to a "buy" rating and lowered their target price for the company from $30.00 to $29.00 in a research report on Tuesday, August 1st.

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Company chares are trading at $23.50 which is quite a bit lower than $27.04, the 50 day moving average and a great deal lower than the 200 day moving average of $27.77. The firm has a market cap of $13.06 billion, a PE ratio of 12.15 and a beta of 1.59. In the last earnings report the EPS was $1.88 and is estimated to be $2.13 for the current year with 570,000,000 shares presently outstanding. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.76 billion. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. Discovery Communications's quarterly revenue was up 2.2% on a year-over-year basis. In contrast to the year ago quarter EPS was at 0.56. Next quarter's EPS is forecasted at $0.54 and the next full year EPS is projected to be $2.33. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & global trademark & copyright legislation. The legal version of this piece of content can be accessed at

Here are some other firms who have updated their holdings. The shares were sold at an average price of $26.43, for a total value of $245,349.69. The disclosure for this purchase can be found here. Company insiders own 5.78% of the company's stock. (NASDAQ:DISCA) by 18.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. As of the end of the quarter Thorntree Capital Partners Lp had acquired a total of 92,100 shares growing its position 25.6%. The fund owned 1,119,477 shares of the company's stock after buying an additional 62,408 shares during the period. With 2.98M avg volume, 10 days are for Discovery Communications Srs A (NASDAQ:DISCA)'s short sellers to cover DISCA's short positions. Proshare Advisors LLC now holds 81,247 shares valued at $2,048,000.

ILLEGAL ACTIVITY NOTICE: "Discovery Communications, Inc". Following the acquisition, the chief financial officer now owns 20,000 shares in the company, valued at approximately $460,200. Bank of New York Mellon Corp raised its stake in Discovery Communications by 20.3% in the first quarter. The company's 5 year Earnings per share growth and Capital Spending growth remains at -6.96 and 8.7. Strs Ohio raised its stake in Discovery Communications by 59,357.5% in the first quarter. BlackRock Inc. now owns 9,533,783 shares of the company's stock valued at $246,259,000 after buying an additional 187,781 shares during the period. The Company's portfolio of networks includes television brands, such as Discovery Channel, Animal Planet, ID, Velocity (known as Turbo outside of the United States) and Eurosport. The Firm 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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