Discovery Communications (DISCA) Receives Daily Media Impact Rating of 0.12

News headlines about Discovery Communications (NASDAQ:DISCA) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Discovery Communications earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.7629869857539 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern’s rankings:

DISCA has been the topic of several analyst reports. ValuEngine upgraded Discovery Communications from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th. Needham & Company LLC reiterated a “hold” rating on shares of Discovery Communications in a research note on Thursday, October 12th. Zacks Investment Research upgraded Discovery Communications from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. Barclays cut their target price on Discovery Communications from $25.00 to $18.00 and set an “underweight” rating on the stock in a research note on Friday, October 13th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $29.00 target price on shares of Discovery Communications in a research note on Friday, October 20th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $24.44.

Shares of Discovery Communications (DISCA) traded down $1.03 during midday trading on Monday, reaching $22.78. The company’s stock had a trading volume of 9,337,193 shares, compared to its average volume of 5,544,292. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87. The firm has a market capitalization of $9,025.28, a P/E ratio of 11.93, a PEG ratio of 1.21 and a beta of 1.57. Discovery Communications has a fifty-two week low of $15.99 and a fifty-two week high of $30.25.

In related news, insider Bruce Campbell sold 3,047 shares of Discovery Communications stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $18.17, for a total transaction of $55,363.99. Following the completion of the sale, the insider now owns 43,173 shares of the company’s stock, valued at $784,453.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John C. Malone bought 332,523 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were purchased at an average cost of $19.72 per share, with a total value of $6,557,353.56. Following the acquisition, the director now directly owns 671,095 shares of the company’s stock, valued at $13,233,993.40. The disclosure for this purchase can be found here. 6.81% of the stock is currently owned by company insiders.

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About Discovery Communications

Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.

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