Discovery Communications (NASDAQ:DISCA) Earns Media Sentiment Score of 0.21

Media stories about Discovery Communications (NASDAQ:DISCA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discovery Communications earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.7017353073705 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Discovery Communications (DISCA) traded down $1.47 during mid-day trading on Friday, hitting $23.81. 7,815,395 shares of the stock traded hands, compared to its average volume of 4,884,537. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87. The firm has a market cap of $9,025.28, a PE ratio of 11.45, a price-to-earnings-growth ratio of 1.21 and a beta of 1.57. Discovery Communications has a 1 year low of $15.99 and a 1 year high of $30.25.

Several equities research analysts recently commented on the stock. B. Riley reissued a “neutral” rating and issued a $19.00 price target (down previously from $23.00) on shares of Discovery Communications in a report on Wednesday, November 1st. ValuEngine lowered shares of Discovery Communications from a “buy” rating to a “hold” rating in a report on Friday. Wells Fargo & Co reaffirmed a “market perform” rating and set a $25.00 target price (up previously from $18.00) on shares of Discovery Communications in a report on Thursday, January 4th. Zacks Investment Research raised shares of Discovery Communications from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Finally, BidaskClub raised shares of Discovery Communications from a “hold” rating to a “buy” rating in a report on Tuesday, January 23rd. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the stock. Discovery Communications has a consensus rating of “Hold” and a consensus price target of $24.44.

In related news, Director J David Wargo bought 100,000 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were bought at an average price of $15.76 per share, with a total value of $1,576,000.00. Following the completion of the transaction, the director now directly owns 147,591 shares of the company’s stock, valued at approximately $2,326,034.16. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bruce Campbell sold 3,047 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $18.17, for a total transaction of $55,363.99. Following the completion of the transaction, the insider now directly owns 43,173 shares in the company, valued at approximately $784,453.41. The disclosure for this sale can be found here. Insiders own 6.81% of the company’s stock.

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Discovery Communications Company Profile

Discovery Communications, Inc (Discovery) 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. Its segments include U.S.

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

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