Is Discovery Comms (NASDAQ:DISCA) Worth Your Time and Dime Following a Barrington Upgrade?

April 22, 2018 - By Ellis Scott

Discovery, Inc. (NASDAQ:DISCA) Logo

Investors sentiment decreased to 0.87 in Q4 2017. Its down 0.05, from 0.92 in 2017Q3. It is negative, as 74 investors sold Discovery, Inc. shares while 172 reduced holdings. 93 funds opened positions while 121 raised stakes. 228.72 million shares or 11.88% more from 204.44 million shares in 2017Q3 were reported.

Employees Retirement System Of Texas holds 0% or 9,000 shares in its portfolio. At National Bank reported 0.07% in Discovery, Inc. (NASDAQ:DISCA). Stone Ridge Asset Lc reported 69,300 shares. Marshall Wace Llp holds 0.06% or 62,198 shares in its portfolio. Aviva Public Ltd Com has invested 0.01% in Discovery, Inc. (NASDAQ:DISCA). Regions Corp invested in 15,798 shares. Gulf Int Bancorp (Uk) reported 0.02% of its portfolio in Discovery, Inc. (NASDAQ:DISCA). Eaton Vance Mngmt stated it has 35,707 shares or 0% of all its holdings. Burney Co holds 0.15% or 121,363 shares in its portfolio. Quinn Opportunity Prtn Ltd Liability owns 289,145 shares. Exxonmobil Management Tx owns 32,314 shares or 0.02% of their US portfolio. Putnam Lc stated it has 1.32 million shares or 0.07% of all its holdings. Great West Life Assurance Can invested in 167,877 shares. 62,896 were reported by Ancient Art Ltd Partnership. Peak6 Invests Limited Partnership holds 0% in Discovery, Inc. (NASDAQ:DISCA) or 24,637 shares.

Since December 13, 2017, it had 3 insider buys, and 4 insider sales for $9.48 million activity. 3,047 shares valued at $55,349 were sold by Campbell Bruce on Wednesday, December 13. Sims Savalle sold $61,902 worth of stock or 2,571 shares. On Thursday, December 14 the insider WARGO J DAVID bought $1.86 million. Alpert-Romm Adria also sold $367,214 worth of Discovery, Inc. (NASDAQ:DISCA) on Friday, March 16. MALONE JOHN C bought $6.56 million worth of stock.

Discovery Comms (NASDAQ:DISCA) Stock Upgrade

Barrington upgraded shares of Discovery Comms (NASDAQ:DISCA) to a solid “Buy” rating in a note revealed to investors and clients on Tuesday morning. Analysts currently have a $30.0 target price per share set on the stock. This target price per share gives a possible upside of 29.53 % from the last stock price of the stock.

Investors sentiment decreased to 0.87 in Q4 2017. Its down 0.05, from 0.92 in 2017Q3. It is negative, as 74 investors sold Discovery, Inc. shares while 172 reduced holdings. 93 funds opened positions while 121 raised stakes. 228.72 million shares or 11.88% more from 204.44 million shares in 2017Q3 were reported.

Employees Retirement System Of Texas holds 0% or 9,000 shares in its portfolio. At National Bank reported 0.07% in Discovery, Inc. (NASDAQ:DISCA). Stone Ridge Asset Lc reported 69,300 shares. Marshall Wace Llp holds 0.06% or 62,198 shares in its portfolio. Aviva Public Ltd Com has invested 0.01% in Discovery, Inc. (NASDAQ:DISCA). Regions Corp invested in 15,798 shares. Gulf Int Bancorp (Uk) reported 0.02% of its portfolio in Discovery, Inc. (NASDAQ:DISCA). Eaton Vance Mngmt stated it has 35,707 shares or 0% of all its holdings. Burney Co holds 0.15% or 121,363 shares in its portfolio. Quinn Opportunity Prtn Ltd Liability owns 289,145 shares. Exxonmobil Management Tx owns 32,314 shares or 0.02% of their US portfolio. Putnam Lc stated it has 1.32 million shares or 0.07% of all its holdings. Great West Life Assurance Can invested in 167,877 shares. 62,896 were reported by Ancient Art Ltd Partnership. Peak6 Invests Limited Partnership holds 0% in Discovery, Inc. (NASDAQ:DISCA) or 24,637 shares.

Since December 13, 2017, it had 3 insider buys, and 4 insider sales for $9.48 million activity. 3,047 shares valued at $55,349 were sold by Campbell Bruce on Wednesday, December 13. Sims Savalle sold $61,902 worth of stock or 2,571 shares. On Thursday, December 14 the insider WARGO J DAVID bought $1.86 million. Alpert-Romm Adria also sold $367,214 worth of Discovery, Inc. (NASDAQ:DISCA) on Friday, March 16. MALONE JOHN C bought $6.56 million worth of stock.

Discovery, Inc. (NASDAQ:DISCA) Ratings Coverage

Among 15 analysts covering Discovery Comms (NASDAQ:DISCA), 5 have Buy rating, 0 Sell and 10 Hold. Therefore 33% are positive. Discovery Comms has $30.0 highest and $18 lowest target. $22.75’s average target is -1.77% below currents $23.16 stock price. Discovery Comms had 17 analyst reports since November 2, 2017 according to SRatingsIntel. The rating was maintained by B. Riley & Co on Wednesday, November 8 with “Neutral”. As per Tuesday, January 2, the company rating was upgraded by Barrington. The stock of Discovery, Inc. (NASDAQ:DISCA) has “Buy” rating given on Friday, November 3 by RBC Capital Markets. On Monday, March 12 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. The stock has “Hold” rating by Loop Capital on Friday, November 3. As per Thursday, December 21, the company rating was upgraded by Bank of America. As per Monday, February 5, the company rating was maintained by Cowen & Co. The stock of Discovery, Inc. (NASDAQ:DISCA) earned “Buy” rating by Wells Fargo on Monday, April 2. The stock of Discovery, Inc. (NASDAQ:DISCA) has “Hold” rating given on Tuesday, January 9 by Pivotal Research. The firm earned “Hold” rating on Thursday, March 22 by Guggenheim.

The stock decreased 0.94% or $0.22 during the last trading session, reaching $23.16. About 4.91M shares traded. Discovery, Inc. (NASDAQ:DISCA) has declined 21.53% since April 22, 2017 and is downtrending. It has underperformed by 33.08% the S&P500.

Analysts await Discovery, Inc. (NASDAQ:DISCA) to report earnings on May, 8 before the open. They expect $0.53 EPS, up 29.27 % or $0.12 from last year’s $0.41 per share. DISCA’s profit will be $345.23M for 10.92 P/E if the $0.53 EPS becomes a reality. After $0.47 actual EPS reported by Discovery, Inc. for the previous quarter, Wall Street now forecasts 12.77 % EPS growth.

Discovery Communications, Inc. operates as a media firm worldwide. The company has market cap of $15.09 billion. The firm operates through U.S. It currently has negative earnings. Networks, International Networks, and Education and Other divisions.

Discovery, Inc. (NASDAQ:DISCA) Ratings Chart

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