Discovery (NASDAQ:DISCK) posted its quarterly earnings data on Sunday. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04, MarketWatch Earnings reports. Discovery had a net margin of 13.36% and a return on equity of 20.76%. During the same period last year, the business posted $0.98 EPS.
Shares of Discovery stock traded down $3.52 during trading on Tuesday, reaching $42.48. The company’s stock had a trading volume of 158,710 shares, compared to its average volume of 5,990,618. The business has a 50 day moving average price of $34.84 and a 200-day moving average price of $24.80. Discovery has a 12-month low of $15.43 and a 12-month high of $46.59. The company has a market capitalization of $20.86 billion, a P/E ratio of 21.37 and a beta of 1.52. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 1.29.
Several analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Discovery from $22.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 1st. TheStreet raised shares of Discovery from a “c” rating to a “b-” rating in a report on Thursday, November 5th.
Discovery, Inc operates as a media company in the United States and internationally. The company operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, ID, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.
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