Discovery Inc (DISCK) Stock Forecast & Predictions

Discovery Inc - Series C DISCK: $32.67

8403 Colesville Road, Silver Spring, Maryland, US. | Sector: Information | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://corporate.discovery.com/

  • Market Cap$43.37B
  • Change (52 Weeks)74.24%
  • Low (52 Weeks)$16.8
  • Discovery Inc (DISCK) Forecast Based on Technical Analysis


    Neutral
    Based on 9 Technical Indicators where 0.00% are on Buy, 33.33% on Sell, and 66.67% Neutral.

    According to the market data, Discovery Inc (DISCK) stock price is $32.67 and the 52 weeks low is $16.8, which means the Discovery Inc stock price is up 74.24% in the last 12 months.

    Discovery Inc (DISCK) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 9 technical indicators, 0.00% are indicating that DISCK Stock price might rise further, 33.33% indicating that DISCK Stock price might fall, and 66.67% are in a neutral position.

    Based on these technical algorithms, overall DISCK stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Discovery Inc (DISCK) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Discovery Inc (DISCK) is based on 31 Institutional Analyst Ratings where 12.90% are on Strong Buy, 3.23% on Moderate Buy, 51.61% remains on Hold, 12.90% are on Moderate Sell and 19.35% are on Strong Sell.

    Out of 31 Institutional Analysts, majority recommended DISCK stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Discovery Inc.

    Discovery Inc (DISCK) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with DISCK stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about DISCK and holding their positions hoping for a further rise in the stock price and more profit.

    Discovery Inc (DISCK) Stock Forecast Based on News Sentiment


    Neutral
    Based on 4 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of DISCK consisting of positive and negative, it shows that Discovery Inc had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so DISCK stock price most likey won't have any reaction to last weeks news coverage.

    Discovery Inc (DISCK) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Deutsche BankBuyMaintained
    Wells FargoEqual-WeightDowngraded
    UBSSellDowngraded
    RosenblattNeutralMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralDowngraded
    Credit SuisseOutperformMaintained
    BarclaysUnderweightDowngraded
    MoffettNathansonBuyUpgraded
    B of A SecuritiesUnderperformDowngraded
    KeyBancSector WeightInitiated
    MKM PartnersNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralDowngraded
    CitigroupBuyMaintained
    MKM PartnersBuyMaintained
    Goldman SachsNeutralInitiated
    Deutsche BankBuyMaintained
    RosenblattNeutralReiterated
    MKM PartnersBuyMaintained
    CFRAHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformInitiated
    Evercore ISI GroupIn-LineDowngraded
    UBSNeutralMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Imperial CapitalOutperformMaintained
    Wells FargoOverweightMaintained
    RosenblattNeutralReiterated
    CFRABuyMaintained
    Wells FargoOverweightMaintained
    RosenblattNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    RosenblattNeutralInitiated
    Imperial CapitalOutperformUpgraded
    Wells FargoOutperformInitiated
    Imperial CapitalIn-LineMaintained
    Imperial CapitalIn-LineMaintained
    Credit SuisseOutperformMaintained
    Pivotal ResearchHoldUpgraded
    CitigroupBuyMaintained
    MKM PartnersBuyMaintained
    Imperial CapitalIn-LineDowngraded
    Credit SuisseOutperformUpgraded
    Imperial CapitalOutperformMaintained
    Pivotal ResearchSellDowngraded
    MacquarieOutperformMaintained
    Bank of AmericaBuyMaintained
    JefferiesBuyUpgraded
    CitigroupBuyMaintained
    Credit SuisseNeutralInitiated
    Imperial CapitalOutperformInitiated
    Pivotal ResearchHoldDowngraded
    MKM PartnersBuyUpgraded
    Pivotal ResearchBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightUpgraded
    Deutsche BankBuyUpgraded
    Wells FargoOutperformUpgraded
    BarclaysEqual-WeightUpgraded
    Moffett NathansonNeutralUpgraded
    Morgan StanleyEqual-WeightMaintained
    Pivotal ResearchHoldDowngraded
    MacquarieOutperformUpgraded
    Bank of AmericaBuyUpgraded
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    Credit SuisseNeutralMaintained
    Loop CapitalHoldMaintained
    JefferiesHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysUnderweightMaintained
    UBSNeutralUpgraded
    Credit SuisseNeutralUpgraded
    PiperJaffrayNeutralInitiated
    Pivotal ResearchBuyUpgraded
    CitigroupBuyUpgraded
    Wells FargoMarket PerformInitiated
    Deutsche BankHoldMaintained
    CitigroupNeutralUpgraded
    Loop CapitalHoldDowngraded
    Deutsche BankHoldInitiated
    Pivotal ResearchHoldDowngraded
    Credit SuisseUnderperformDowngraded
    BarclaysUnderweightDowngraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    NomuraNeutralMaintained
    Barrington ResearchMarket PerformDowngraded
    Moffett NathansonSellDowngraded
    MacquarieNeutralUpgraded
    UBSSellDowngraded
    BernsteinOutperformDowngraded
    CitigroupSellDowngraded
    Barrington ResearchOutperformUpgraded
    MacquarieUnderperformDowngraded
    TopekaHoldDowngraded
    RBC CapitalOutperformInitiated
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    MacquarieNeutralMaintained
    BarclaysEqual-WeightDowngraded
    MacquarieNeutralDowngraded
    FBR CapitalMarket PerformMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    Pivotal ResearchBuyUpgraded
    UBSNeutralUpgraded
    Credit SuisseNeutralInitiated
    UBSSellDowngraded
    CLSAUnderperformInitiated
    Barrington ResearchMarket PerformDowngraded
    MacquarieOutperformUpgraded
    FBR CapitalMarket PerformDowngraded
    BarclaysOverweightMaintained
    Deutsche BankNeutralMaintained
    JP MorganNeutralMaintained
    Atlantic EquitiesNeutralDowngraded
    RBC CapitalSector PerformDowngraded
    CitigroupNeutralUpgraded
    BarclaysOverweightMaintained
    BernsteinMarket PerformDowngraded
    Sterne AgeeNeutralDowngraded
    Pivotal ResearchBuyUpgraded
    NomuraNeutralMaintained
    MKM PartnersNeutralMaintained
    Bank of AmericaNeutralMaintained
    FBR CapitalOutperformMaintained
    NomuraNeutralDowngraded
    JefferiesHoldMaintained
    Bank of AmericaNeutralDowngraded
    Argus ResearchBuyInitiated
    ArgusBuyInitiated
    FBR CapitalOutperformMaintained
    BarclaysOverweightMaintained
    GuggenheimNeutralDowngraded
    BarclaysOverweightInitiated
    BTIG ResearchNeutralDowngraded
    MacquarieNeutralMaintained
    Atlantic EquitiesOverweightUpgraded
    JP MorganNeutralMaintained
    FBR CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    TopekaBuyInitiated
    NomuraBuyInitiated
    GuggenheimNeutralDowngraded
    BernsteinOutperformMaintained
    FBR CapitalOutperformInitiated
    ISI GroupNeutralInitiated
    Pivotal ResearchHoldUpgraded
    Barrington ResearchOutperformInitiated
    Pivotal ResearchSellDowngraded
    B. Riley FBRNeutralDowngraded
    B. RileyNeutralDowngraded
    Sterne AgeeBuyInitiated
    NomuraNeutralMaintained
    Deutsche BankBuyMaintained
    UBSNeutralMaintained
    NomuraNeutralMaintained
    Credit SuisseUnderperformMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    NomuraNeutralMaintained
    Pivotal ResearchHoldMaintained
    CitigroupSellMaintained
    BarclaysEqual-WeightMaintained
    Pivotal ResearchHoldMaintained
    Deutsche BankBuyMaintained
    Bank of AmericaBuyMaintained
    UBSNeutralMaintained
    CitigroupSellDowngraded
    Goldman SachsSellDowngraded
    Barrington ResearchMarket PerformDowngraded
    Deutsche BankBuyMaintained
    CitigroupNeutralDowngraded
    Miller TabakBuyMaintained
    Goldman SachsNeutralUpgraded

    Discovery Inc (DISCK) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.928
    The average consensus EPS for DISCK is $0.928 with a high estimate of $1.281 and Low of $0.578 for the period 2021-06-30 and based on 25 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.81$0.67480452020-09-30


    The latest average Earning Per Share Estimate for Discovery Inc is $0.93, which is higher than DISCK's last EPS, $0.81. This means that Analysts are expecting Discovery Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Discovery Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.81$0.67480452020-09-30
    $0.77$0.72609852020-06-30
    $0.87$0.8661272020-03-31
    $0.98$0.95047372019-12-31
    $0.87$0.84482662019-09-30
    $0.97$1.01738252019-06-30
    $0.87$0.81695482019-03-31
    $0.74$0.82637932018-12-31
    $0.52$0.60803990000000012018-09-30
    $0.66$0.88032042018-06-30
    $0.53$0.43442312018-03-31
    $0.37$0.42053872017-12-31
    $0.43$0.55978442017-09-30
    $0.68$0.74165152017-06-30
    $0.43$0.46352017-03-31
    $0.52$0.48479012016-12-31
    $0.36$0.4148842016-09-30
    $0.66$0.55987712016-06-30
    $0.42$0.417253000000000042016-03-31
    $0.34$0.42616252015-12-31
    $0.43$0.390328800000000032015-09-30
    $0.44$0.490424200000000032015-06-30
    $0.37$0.36471272015-03-31
    $0.38$0.42315492014-12-31
    $0.41$0.428572700000000032014-09-30
    $0.515$0.48702522014-06-30
    $0.375$0.36331192014-03-31
    $0.405$0.460543900000000062013-12-31
    $0.355$0.37109872013-09-30
    $0.41$0.46336612013-06-30
    $0.315$0.330290100000000032013-03-31
    $0.305$0.393027399999999972012-12-31
    $0.285$0.32358482012-09-30
    $0.38$0.359006500000000062012-06-30
    $0.285$0.30986522012-03-31
    $0.43$0.35320762011-12-31
    $0.295$0.280345399999999972011-09-30
    $0.31$0.31305822011-06-30
    $0.245$0.242760700000000022011-03-31
    $0.265$0.26514262010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).