Stock To Watch: Discovery Communications, Inc. (NASDAQ:DISCA)


The leading market experts have placed a mean price target of $29.05 on Discovery Communications, Inc. (NASDAQ:DISCA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.49 a share for the upcoming quarter and $1.98 for the current fiscal.

Technical View

The technical analysis of Discovery Communications, Inc. plainly substantiates that the 50-day moving average of Discovery Communications, Inc. is $25.90, and stock is trading $-0.75 points away or -2.91% from its 50-day moving average of $25.90. Further it is trading $-1.67 or -6.23% away its 200-day moving average of $26.82. Discovery Communications, Inc. (NASDAQ:DISCA) 52-week high is $31.80 and the 52-week low is $23.66.

This explains if the stock moves $-6.65, it will post a 52-week high. In event of +6.30% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Discovery Communications, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Discovery Communications, Inc. (NASDAQ:DISCA) ratio came in at 13.68.

The stock last ended the trading session at $25.15 and registered a market cap of $10.52B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Discovery Communications, Inc. (NASDAQ:DISCA) PEG ratio is at 0.83.

1 Chart Pattern Every Investor Should Know

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