Discovery Communications (DISCA) Earns Media Sentiment Rating of 0.15
News headlines about Discovery Communications (NASDAQ:DISCA) have trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Discovery Communications earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4657002218644 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Spark Investment Management LLC Has $3680000 Stake in Discovery Communications, Inc. (DISCK) (topactu.net)
- Insider Trading Activity Discovery Communications, Inc. (NASDAQ:DISCA) – CFO Bought 15,000 shares of Stock (4-traders.com)
- Insider Buying: Discovery Communications, Inc. (DISCA) CFO Buys 15,000 Shares of Stock (americanbankingnews.com)
- Discovery Communications : Chernobyl’s Deadly Secrets Premiering Thursday, August 31 At 9 PM On Science Channel – Discovery Communications, Inc. (4-traders.com)
- Discovery Communications Inc. : Earnings Review and Free Research Report: Discovery Communications Reported 2.3% Increase in Revenue (4-traders.com)
Shares of Discovery Communications (NASDAQ:DISCA) traded down 0.70% on Wednesday, reaching $22.60. The company’s stock had a trading volume of 4,263,545 shares. The company has a market cap of $12.88 billion, a PE ratio of 11.99 and a beta of 1.59. The firm has a 50 day moving average of $25.33 and a 200 day moving average of $27.02. Discovery Communications has a 52-week low of $22.51 and a 52-week high of $30.25.
Discovery Communications (NASDAQ:DISCA) last issued its quarterly earnings data on Monday, July 31st. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.72 by $0.04. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.76 billion. During the same period in the prior year, the firm earned $0.71 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. Analysts predict that Discovery Communications will post $2.23 earnings per share for the current year.
A number of equities analysts have recently issued reports on the company. Pivotal Research raised Discovery Communications from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a report on Tuesday, August 8th. MKM Partners reissued a “neutral” rating and issued a $26.00 target price (down from $30.00) on shares of Discovery Communications in a report on Wednesday, August 2nd. Jefferies Group LLC reissued a “hold” rating and issued a $28.00 target price on shares of Discovery Communications in a report on Friday, June 16th. Royal Bank Of Canada set a $32.00 target price on Discovery Communications and gave the stock a “buy” rating in a report on Monday, June 12th. Finally, Credit Suisse Group reissued an “underperform” rating and issued a $24.00 target price on shares of Discovery Communications in a report on Saturday, July 22nd. Five analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company’s stock. Discovery Communications presently has a consensus rating of “Hold” and a consensus target price of $27.47.
In other news, Director S Decker Anstrom purchased 10,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were acquired at an average price of $23.05 per share, with a total value of $230,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bruce Campbell sold 9,283 shares of the company’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $26.43, for a total transaction of $245,349.69. The disclosure for this sale can be found here. In the last three months, insiders purchased 45,000 shares of company stock worth $1,016,200. 5.78% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Discovery Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Communications Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.