Discovery Inc. (NASDAQ: DISCK) is 15.16% higher on its value in year-to-date trading and has touched a low of $15.43 and a high of $30.73 in the current 52-week trading range. The DISCK stock was last observed hovering at around $29.83 in the last trading session, with the day’s gains setting it 0.33% off its average median price target of $28.00 for the next 12 months. It is also 18.49% off the consensus price target high of $37.00 offered by 25 analysts, but current levels are -77.41% lower than the price target low of $17.00 for the same period.
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Currently trading at $30.16, the stock is 16.81% and 29.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.37 million and changing 1.12% at the moment leaves the stock 47.03% off its SMA200. DISCK registered -0.26% loss for a year compared to 6-month gain of 66.86%. The firm has a 50-day simple moving average (SMA 50) of $25.57 and a 200-day simple moving average (SMA200) of $21.05.
The stock witnessed a 21.47% loss in the last 1 month and extending the period to 3 months gives it a 47.34%, and is 15.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.72% over the week and 3.26% over the month.
Current P/E ratio is 16.71 and Fwd P/E is 9.64. Distance from 52-week low is 95.46% and -1.85% from its 52-week high.
Discovery Inc. (DISCK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Discovery Inc. (DISCK) is a “Hold”. 25 analysts offering their recommendations for the stock have an average rating of 3.00, where 17 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Discovery Inc. is expected to release its quarterly report on 05/11/2021 and quarterly earnings per share for the current quarter are estimated at $0.67 with sales reaching $2.77B over the same period.The EPS is expected to shrink by -16.80% this year, but quarterly earnings will post -5.30% year-over-year. Quarterly sales are estimated to shrink -3.60% in year-over-year returns.
Discovery Inc. (DISCK) Top Institutional Holders
682 institutions hold shares in Discovery Inc. (DISCK), with 160.68M shares held by insiders accounting for 4.83% while institutional investors hold 92.07% of the company’s shares. The shares float is at 2.23B with Short Float at 0.35%. Institutions hold 87.63% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 34.41 million shares valued at $674.49 million. The investor’s holdings represent 10.62% of the DISCK Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 22.64 million shares valued at $443.77 million to account for 6.98% of the shares outstanding. The other top investors are State Street Corporation which holds 20.48 million shares representing 6.32% and valued at over $401.31 million, while JP Morgan Chase & Company holds 5.77% of the shares totaling 18.72 million with a market value of $366.88 million.
Discovery Inc. (DISCK) Insider Activity
A total of 2 insider transactions have happened at Discovery Inc. (DISCK) in the last six months, with sales accounting for 1 and purchases happening 1 times.
Discovery Inc. (DISCK): Who are the competitors?
The company’s main competitors (and peers) include AMC Networks Inc. (AMCX) that is trading -2.09% down over the past 12 months. Comcast Corporation (CMCSA) is 13.25% up on the 1-year trading charts. Short interest in the company’s stock has risen 7.61% from the last report on Nov 12, 2020 to stand at a total of 7.28 million short shares sold with a short interest ratio of 3.05.