Publicly-traded company Discovery Inc. (NASDAQ:DISCK) had a closing price of $28.70 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $28.67, this means that the stock is overpriced by -0.1%. In the past 52 weeks the company’s stock price has moved within the range of $21.99 to $31.55.
This particular stock’s 5-day moving average is 26.43, its 20-day moving average is 25.93 and its 100-day moving average is 26.73.
What Does Wall Street Say about Company?
When investors are considering buying a new stock, they often want to know the general Wall Street consensus on the company – by checking out the average analyst rating, for instance. At the moment, the average analyst rating for DISCK is Overweight. Out of 26 total analysts who were surveyed, 0 rated it a sell, 1 rated it a underweight, 0 rated it an overweight, 13 rated it hold, and 12 rated it a Buy.
Three months ago, on the other hand, the average analyst rating for Discovery Inc. (DISCK) was a Overweight – from a survey of 24 analysts. Of the analysts who provided ratings, 13 rated the company a Hold, 0 rated it a Sell, 0 rated it an overweight, 1 rated it an underweight, and 10 rated it a Buy.
Understanding Profitability at Discovery Inc. (DISCK)
Checking out a public company’s Earnings per Share (EPS) is a smart way of assessing its profitability. In the most recent financial results released by Discovery Inc., for the quarter ending on 09/2019, the company posted EPS of 0.84. The average estimate of Wall Street analysts had projected 0.86.
Wall Street analysts, on average, are forecasting the company’s EPS to be 0.82, compared to 0.52 reported in the same quarter last year. When it comes to net revenue, the average estimate from a total of 10 analysts is 2.68B – compared to 2.59B posted in the year-ago period.