Home Sectors Consumer Cyclical Recent Technicals: Discovery (NASDAQ: DISCA)

Recent Technicals: Discovery (NASDAQ: DISCA)


Discovery is part of the consumer cyclical sector and is part of the entertainment industry. The company CEO is David M. Zaslav. Discovery Inc formerly known as Discovery Communications Inc is a media and entertainment company. It provides programming across multiple distribution platforms.

Previous Intraday Trading Performance:

The DISCA stock showed a previous change of 0.28% with an open at 31.80 and a close of 32.00. It reached an intraday high of 32.12 and a low of 31.70.

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The stock has a market cap of $16.7b with 522.4m shares outstanding, of which the float is 505.4m shares. Trading volume reached 3,008,962 shares compared to its average volume of 3,859,186 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Discovery shares returned 0.28% and in the past 30 trading days it returned 18.74%. Over three months, it changed 12.36%. In one year it has changed 49.60% and within that year its 52-week high was 32.65 and its 52-week low was 15.99. DISCA stock is 100.13% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.04 and a 50 day moving average of 28.36. Currently DISCA stock is trading 27.77% above its 200 day moving average.

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The last annual fiscal EPS for the company was reported at -0.59 that ended on 31st of December 2017. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.61. The TTM EPS is 2.09, which comes to a TTM PE of 15.31.

The following are the last four quarter reported earnings per share:
06-30-2018:  0.66
03-31-2018:  0.53
12-31-2017:  0.47
09-30-2017:  0.43

Indicators to Watch:

Based on the latest filings, there is 37.40% of institutional ownership. Short-interest is 29,811,032, which is 5.71% of shares outstanding. The short-interest ratio or days-to-cover ratio is 7.74. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.16

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -10.57%, return on assets is -2.87%, profit margin is -8.21%, price-to-sales is 2.04 and price-to-book is 2.11.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 2  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.