Discovery Communications (DISCA) Receiving Favorable Media Coverage, Report Shows
Press coverage about Discovery Communications (NASDAQ:DISCA) has been trending positive this week, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discovery Communications earned a daily sentiment score of 0.38 on Alpha One’s scale. Alpha One also gave press coverage about the company an impact score of 77 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Alpha One Sentiment Analysis’s rankings:
- Discovery Communications Inc. (DISCA) Lifted to Neutral at Citigroup Inc (americanbankingnews.com)
- Investors are undervaluing Discovery Communications Inc (DISCA) by 30%, here is my intrinsic value calculation (simplywall.st)
- Discovery to build $400 mln theme park in Costa Rica (feeds.reuters.com)
- Discovery Communications Inc. (DISCA) Downgraded by Zacks Investment Research to “Sell” (americanbankingnews.com)
- Discovery Communications : Lara Richardson Promoted To Group Executive Vice President Of Marketing For Discovery, Animal Planet And Science Channel (4-traders.com)
DISCA has been the topic of a number of recent analyst reports. Barclays PLC lowered shares of Discovery Communications from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $28.00 to $25.00 in a report on Thursday, January 5th. Zacks Investment Research lowered shares of Discovery Communications from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 25th. Jefferies Group LLC reiterated a “hold” rating and issued a $28.00 price objective on shares of Discovery Communications in a report on Wednesday, February 22nd. Credit Suisse Group AG reiterated an “underperform” rating and issued a $23.00 price objective on shares of Discovery Communications in a report on Saturday, January 28th. Finally, Pivotal Research lowered shares of Discovery Communications from a “buy” rating to a “hold” rating and cut their price objective for the stock from $33.00 to $28.00 in a report on Thursday, January 12th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and one has given a buy rating to the stock. Discovery Communications has an average rating of “Hold” and an average price target of $29.28.
Shares of Discovery Communications (NASDAQ:DISCA) traded up 1.38% during midday trading on Thursday, hitting $29.32. 2,126,299 shares of the company were exchanged. The stock has a market cap of $17.16 billion, a PE ratio of 14.98 and a beta of 1.60. The stock’s 50-day moving average is $28.29 and its 200-day moving average is $27.71. Discovery Communications has a one year low of $23.66 and a one year high of $30.25.
Discovery Communications (NASDAQ:DISCA) last posted its quarterly earnings data on Tuesday, February 14th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.09. Discovery Communications had a net margin of 17.14% and a return on equity of 22.76%. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same period last year, the company earned $0.38 earnings per share. The firm’s revenue was up 1.6% compared to the same quarter last year. Equities research analysts anticipate that Discovery Communications will post $2.15 EPS for the current year.
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Discovery Communications Company Profile
Discovery Communications, Inc (Discovery) is a global media company. 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. Its segments include U.S.
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