Discovery stock: buy or sell?
May 17th, 2019
Discovery Communications, Inc. operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments.
Should I buy Discovery stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Discovery stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Discovery stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for DISCB stock for the last 30 days.
Discovery stock analysis
Discovery broke up the SMA line of 200 days today and closed at $32.62, boosted a 8.19%.
, DISCB hit a new all time high, pushing higher than tops. Check different trading setups that use ATHs as triggers. Discovery shares broke up the simple moving average line of 200 days today and closed at $32.62, boosted a 8.19%. DISCB is retaking the upward trend marking a new rising bottom heading to break out over $40.16.
After boosting an extraordinary 13.40% in a week by mid March, Discovery closed this week at $32.62 and collapsed a spooky -6.80%.
Not so far away is the last price record Discovery marked early April, but since then it dropped a 33.22%. Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $40.16 resistance. Since mid June 2018 when DISCB stock price broke up the SMA40w line, it gained $5.17 (18.83%). Early April, SMA20w and SMA40w crossed up triggering a rise of 0.99%.
Discovery stock price history
Discovery stock went public on November 10th, 2005 with a price of $7.361. Since then, DISCB stock grew a 343.20%, with an average of 26.40% per year. If you had invested right after DISCB's IPO a $1,000 in Discovery stock in 2005, it would worth $3,432.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Discovery stock historical price chart
DISCB stock reached all-time highs with a price of $48.85.
Discovery stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' DISCB stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Discovery stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince February, when Discovery presented its last earnings report, it jumped a beatiful 7.62%. As soon as we get its posted EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a dazzling gain of 53.54% to $10,553.00 million USD. Similarly, its profit margin (compared to sales) rocketed to 5.82%, that is $614.00 million.
|2013||$5,540 M||-||$1,070 M19.3%||-|
|2014||$6,265 M||13.09%||$1,139 M18.2%||6.45%|
|2015||$6,394 M||2.06%||$1,047 M16.4%||-8.08%|
|2016||$6,497 M||1.61%||$1,217 M18.7%||16.24%|
|2017||$6,873 M||5.79%||$-313.00 M-4.6%||-125.72%|
|2018||$10,553 M||53.54%||$614 M5.8%||-296.17%|
Quarterly financial resultsDiscovery reported $2,809.00 M in revenues for 2018-Q4, a 8.37% up compared to previous quarter. Reported quarter earnings marked $273.00 million with a profit margin of 9.72%. Profit margin escalated a 5.01% compared to previous quarter when profit margin was 4.71%. When comparing sales to same quarter last year, Discovery sales marked an astounding increase and skyrocketed a 50.70%.
|2017-Q1||$1,620 M||-||$215 M13.3%||-|
|2017-Q2||$1,750 M||8.02%||$374 M21.4%||73.95%|
|2017-Q3||$1,651 M||-5.66%||$218 M13.2%||-41.71%|
|2017-Q4||$1,864 M||12.90%||$-1,144 M-61.4%||-624.77%|
|2018-Q1||$2,307 M||23.77%||$-2 M-0.1%||-99.83%|
|2018-Q2||$2,845 M||23.32%||$221 M7.8%||-11,150.00%|
|2018-Q3||$2,592 M||-8.89%||$122 M4.7%||-44.80%|
|2018-Q4||$2,809 M||8.37%||$273 M9.7%||123.77%|
Discovery ownershipWhen you are planning to buy a company, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Discovery, 95.08% of all outstanding shares are owned by its staff.
In case of Discovery stock, 0.52% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DISCB stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$212.4 M||$2.5 B||$17.2 B||$196.1 B||$241.4 B|
|Total shares||6.5 M||45.3 M||352.0 M||4,530.0 M||1,800.0 M|
|Float shares||501.5 M||43.1 M||333.3 M||4,500.0 M||1,800.0 M|
|- Institutional holdings (%)||0.5%||113.0%||0.0%||84.7%||54.8%|
|- Insider holdings (%)||95.1%||3.7%||7.8%||0.7%||0.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, May 17th, 2019|
|Day range||$29.71 - $32.62|
|Average true range||$6.37|
|50d mov avg||$30.02|
|100d mov avg||$31.30|
|200d mov avg||$30.70|
Discovery performanceTo better understand Discovery performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Discovery performance to AMC Networks, CBS, Comcast, Walt Disney and Viacom:
Discovery competitorsWe selected a few stocks to conform a list of Discovery competitors to check if you are interested in investing in DISCB:
Latest Discovery stock news
- InvestorPlace3 Big Stock Charts for Thursday: Discovery, Norfolk Southern and Bristol-Myers SquibbApril 25, 2019
- Seeking AlphaArtificial Intelligence In Precision Medicine And Drug Discovery: Insights From The Recent Annual 18th Bio-IT World ConferenceApril 24, 2019
- InvestorPlace3 Big Stock Charts for Friday: Kimco Realty, Discovery and Fidelity National Information ServicesMarch 29, 2019
- Seeking AlphaDiscovery: Self-Described Free Cash Flow MachineFebruary 28, 2019
- Seeking AlphaWhy My Passion For Netflix Pushes Me Toward DiscoveryFebruary 21, 2019