Discovery (DISCA) Earns Daily Media Impact Score of 0.24

News coverage about Discovery (NASDAQ:DISCA) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Discovery earned a news impact score of 0.24 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.6956658528563 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

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A number of equities research analysts have recently weighed in on DISCA shares. Bank of America upgraded shares of Discovery from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Thursday, December 21st. Deutsche Bank reduced their price target on shares of Discovery from $26.00 to $21.00 and set a “hold” rating on the stock in a research note on Thursday, November 30th. BidaskClub downgraded shares of Discovery from a “buy” rating to a “hold” rating in a research note on Saturday, January 6th. Zacks Investment Research upgraded shares of Discovery from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, Pivotal Research downgraded shares of Discovery from a “buy” rating to a “hold” rating and reduced their price target for the company from $26.00 to $25.00 in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $24.89.

Shares of Discovery stock traded down $0.64 during midday trading on Thursday, reaching $21.52. 11,906,330 shares of the company were exchanged, compared to its average volume of 5,725,681. The company has a market cap of $8,398.13, a price-to-earnings ratio of -35.87, a PEG ratio of 0.97 and a beta of 1.52. Discovery has a 1-year low of $15.99 and a 1-year high of $30.25. The company has a current ratio of 5.34, a quick ratio of 5.34 and a debt-to-equity ratio of 3.20.

Discovery (NASDAQ:DISCA) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.08. The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.78 billion. Discovery had a negative net margin of 4.90% and a positive return on equity of 21.68%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the business earned $0.56 EPS. analysts predict that Discovery will post 2.59 EPS for the current year.

In other Discovery news, insider Adria Alpert-Romm sold 16,238 shares of the firm’s stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of $22.61, for a total transaction of $367,141.18. Following the completion of the transaction, the insider now owns 33,463 shares in the company, valued at approximately $756,598.43. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel Savalle Sims sold 2,571 shares of the firm’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $24.08, for a total transaction of $61,909.68. Following the transaction, the general counsel now owns 36,640 shares of the company’s stock, valued at approximately $882,291.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,482 shares of company stock valued at $913,006. 6.81% of the stock is owned by company insiders.

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Discovery Company Profile

Discovery, Inc, formerly Discovery Communications, Inc, 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.

Insider Buying and Selling by Quarter for Discovery (NASDAQ:DISCA)

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