Discovery Communications, Inc. (NASDAQ:DISCK) traded with the volume of 1.23 Million Yesterday. The Stock Opened its session at $27.21 and closed at $26.49 by showing an decrease of -2.36 percent. Discovery Communications, Inc. has 1 year price target of 27.67. The stock gained a consensus recommendation of 3 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 01 BMO. The company reported its last quarter on Jun 16.
On Jun 16 Discovery Communications, Inc. (NASDAQ:DISCK) reported its EPS in the last quarter as $0.66/Share beating the analyst estimate of $0.55/Share by the difference of $0.11. This showed the surprise of 20% in the last quarter earnings. For the Current Quarter, 6 analyst are projecting the mean EPS to be $0.5/share. According to their observations and findings, the stock could provide a high EPS of $0.52/share and a Low EPS of $0.49/share.
The 21 analysts offering 12-month price forecasts for Discovery Communications Inc have a median target of 29.00, with a high estimate of 35.00 and a low estimate of 24.00. The median estimate represents a +9.48% increase from the last price of 26.49. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Discovery Communications, Inc. where they believe that the company has the potential to earn average revenue of $1.58 Billion for the current quarter. According to their predictions High & Low revenue estimates are 1.62 Billion and 1.54 Billion respectively.
Discovery Communications, Inc. (NASDAQ:DISCK) topped its 52-week high price of $29.93 on Nov 27, 2015 and 52-Week Low Price of $22.43 on Jun 28, 2016. The Stock currently has the market capitalization of $6.45 Million, P/E (price to earnings ttm) of 14.4 and Weekly volatility of 2.12%% and monthly volatility of 2.32%% respectively.
Discovery Communications, Inc. Gross Margin percentage stands at 0% while its Operating Margin for trailing twelve month is 0 percent and Profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 5.56% with the 50-Day Simple Moving Average of 5.56 percent. Currently, the company has SMA200 (200-day simple moving average) of 2.99 Percent. The Stock has YTD (year to date) performance of 5.04 percent.
Many research firms have provided their ratings on Discovery Communications, Inc. (NASDAQ:DISCK) where Topeka Capital Markets provided Holdrating on the stock on 25-Apr-16. Other firms include BTIG Research giving Neutral rating on 25-Jun-14.
The latest Insider trade was made on 18 May 2016 where Bennett (Robert R) Director did a transaction type “Buy” in which 5242 shares were traded at a price of $0. Another insider trade includes Director Miron (Robert J) who also initiated a transaction in which 5242 shares were traded on 18 May 2016 as “Buy”.
Discovery Communications is the world’s number one nonfiction media company reaching more than 1.5 billion cumulative subscribers in 170 countries. It empowers people to explore their world and satisfy their curiosity through 100-plus worldwide networks, led by Discovery Channel, TLC, Animal Planet, Science Channel, Planet Green, Investigation Discovery and HD Theater, as well as leading consumer and educational products and services, and a diversified portfolio of digital media services including HowStuffWorks.com.