Analysts Set $30.00 Target Price for Discovery Inc Series B (DISCB)

Shares of Discovery Inc Series B (NASDAQ:DISCB) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports.

Brokers have set a 1 year consensus price target of $30.00 for the company, according to Zacks. Zacks has also given Discovery Inc Series B an industry rank of 27 out of 256 based on the ratings given to its competitors.

Shares of NASDAQ:DISCB opened at $34.85 on Tuesday. Discovery Inc Series B has a fifty-two week low of $24.85 and a fifty-two week high of $48.85. The firm has a market capitalization of $19.37 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.61.

Discovery Inc Series B (NASDAQ:DISCB) last announced its quarterly earnings results on Thursday, November 8th. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.06). Discovery Inc Series B had a negative net margin of 8.52% and a positive return on equity of 17.05%. The company had revenue of $2.59 billion during the quarter.

Discovery Inc Series B Company Profile

Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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