Discovery stock: buy or sell?
July 10th, 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 plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Discovery stock situation right now, hence 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?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't find any rating for DISCB stock for the last 30 days.
Discovery stock analysis
Discovery shares climbed 4.96% to $36.00 on Wednesday.
, DISCB hit a new all time high, pushing higher than tops. Check different trading setups that use ATHs as triggers. Discovery ended on Wednesday at $36.00 and climbed an astounding 4.96%. Since price and SMA200d lines crossed up on May, DISCB climbed $5.85 (19.40%).
Shares of Discovery climbed a brilliant 4.96% this week. For 4 weeks in a row, price soared and marked a profit of 15.15%. By mid June DISCB skyrocketed a dazzling 7.44% in just one week. Late May DISCB collapsed a spooky -6.45% in just one week.
Far behind is the all-time high Discovery recorded early April and since then the price is -26.31% below that top. Having descending tops is not good news for investors in DISCB. Although it's only a warning signal, investors should be on alert during next weeks to identify possible new signals. You should be expectant to Discovery price to not slide under , as this would complicate possible price recovery in the short and mid-term. Since price and SMA40w lines crossed up by mid June 2018, DISCB climbed $8.55 (31.15%). Since SMA20d and SMA40w crossed up early April, DISCB price climbed $3.70 per share (11.46%).
Discovery stock price history
Discovery IPO was on November 10th, 2005 at $7.36 per share1. Since then, DISCB stock surged a 389.10%, with a yearly average of 29.90%. If you had invested right after DISCB's IPO a $1,000 in Discovery stock in 2005, it would worth $3,891.00 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 month we have not found any price prediction for Discovery stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince February, when Discovery published its last earnings report, it boosted an outstanding 18.77%. As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a super good growth of 53.54% to $10,553.00 million USD. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) boosted a 10.37% to 5.82%.
|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 million in sales for 2018-Q4, a 8.37% improvement compared to previous quarter. Reported quarter earnings marked $273.00 million with a profit margin of 9.72%. Profit margin rose a 5.01% compared to previous quarter when profit margin was 4.71%. When comparing revenues to same quarter last year, Discovery sales marked an extraordinary growth 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 invest in a stock, it's worth to overview its ownership structure.
Discovery shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 95.08% of all shares.
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.
The following table compares ownership indicators for other stocks related to Discovery:
|Market cap||$234.4 M||$2.5 B||$18.8 B||$205.3 B||$216.1 B|
|Total shares||6.5 M||45.3 M||351.7 M||4,590.0 M||1,490.0 M|
|Float shares||313.5 M||41.9 M||333.2 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%|
|Wednesday, July 10th, 2019|
|Day range||$35.35 - $36.00|
|Average true range||$2.60|
|50d mov avg||$31.27|
|100d mov avg||$30.30|
|200d mov avg||$31.25|
Discovery performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Discovery, the benchmark is made against AMC Networks, CBS, Comcast, Walt Disney and Viacom.
Discovery competitorsOne check before investing in any stock is to have a look a list of its competitors, in this case for Discovery. We selected 5 companies as Discovery competitors as they are in the same industry or have similar market objectives.
Latest Discovery stock news
- Seeking AlphaDiscovery Communications Is Severely UndervaluedJuly 15, 2019
- Seeking AlphaDiscovery Inc.: Content Is King, The King Is Dead, Long Live The KingJune 27, 2019
- 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