For its first fiscal quarter (ending March 31), Discovery Communications Inc (NASDAQ: DISCA) has reported E.P.S. of $0.53 compared to $-0.01 a year ago. This result fell short of the consensus estimate of $0.83 by $-0.30. For the latest four quarters through March 31, E.P.S. were $1.37 compared to $-0.97 a year ago.
Recent Price Action
Discovery Communications Inc (NASDAQ: DISCA) stock suffered a very large decline of -5.3% on 5/2/19. The shares closed at $29.26. Moreover, this decline was accompanied by exceptionally high trading volume at 209% of normal. The stock has performed in line with the market over the last nine months and has declined -3.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DISCA is expected to continue to be a Value Builder.
Discovery Comm has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Discovery Comm has a good Power Rating of 70 and a good Appreciation Score of 80, producing the Highest Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.