Discovery Communications (DISCB) Receiving Positive Media Coverage, Report Finds

Media coverage about Discovery Communications (NASDAQ:DISCB) has been trending positive recently, according to AlphaOne Sentiment. The research group, a unit of Accern, identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Discovery Communications earned a daily sentiment score of 0.34 on AlphaOne’s scale. AlphaOne also assigned media headlines about the company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

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

Discovery Communications (NASDAQ DISCB) traded down 0.02% during trading on Friday, reaching $26.65. The company had a trading volume of 2,800 shares. The stock has a 50 day moving average price of $26.90 and a 200 day moving average price of $28.19. Discovery Communications has a 12 month low of $23.85 and a 12 month high of $30.80. The firm has a market capitalization of $11.81 billion, a price-to-earnings ratio of 13.94 and a beta of 1.60.

Discovery Communications (NASDAQ:DISCB) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by $0.09. The business had revenue of $1.61 billion for the quarter. Discovery Communications had a net margin of 17.50% and a return on equity of 23.67%. On average, equities research analysts predict that Discovery Communications will post $2.14 earnings per share for the current year.

Separately, Zacks Investment Research upgraded Discovery Communications from a “sell” rating to a “hold” rating in a research report on Tuesday, February 28th.

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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.

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