Discovery (NASDAQ:DISCK) posted its quarterly earnings data on Sunday. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.04, MarketWatch Earnings reports. Discovery had a return on equity of 20.76% and a net margin of 13.36%. During the same period in the previous year, the business posted $0.98 EPS.
NASDAQ:DISCK traded down $3.52 during trading hours on Tuesday, hitting $42.48. The company had a trading volume of 158,710 shares, compared to its average volume of 5,990,618. Discovery has a 1 year low of $15.43 and a 1 year high of $46.59. The company has a market cap of $20.86 billion, a P/E ratio of 21.37 and a beta of 1.52. The company has a 50-day moving average of $34.84 and a 200 day moving average of $24.80. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.29.
Several equities analysts have recently weighed in on DISCK shares. TheStreet raised shares of Discovery from a “c” rating to a “b-” rating in a research note on Thursday, November 5th. 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.
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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