BidaskClub cut shares of Discovery Inc Series C (NASDAQ:DISCK) from a strong-buy rating to a buy rating in a research note published on Thursday.

Several other equities research analysts have also recently weighed in on DISCK. ValuEngine cut shares of Discovery Inc Series C from a hold rating to a sell rating in a research report on Wednesday, May 2nd. Morgan Stanley lowered their price target on shares of Discovery Inc Series C to $29.00 and set an equal weight rating for the company in a research report on Monday, May 7th.

Shares of DISCK opened at $26.13 on Thursday. Discovery Inc Series C has a fifty-two week low of $14.99 and a fifty-two week high of $27.48. The company has a market capitalization of $13.61 billion, a PE ratio of 11.67 and a beta of 1.37. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.45 and a quick ratio of 1.45.

Discovery Inc Series C (NASDAQ:DISCK) last announced its quarterly earnings results on Tuesday, August 7th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). Discovery Inc Series C had a positive return on equity of 17.68% and a negative net margin of 8.28%. The business had revenue of $2.85 billion during the quarter. equities analysts expect that Discovery Inc Series C will post 2.85 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. State Treasurer State of Michigan increased its stake in Discovery Inc Series C by 12.5% during the 2nd quarter. State Treasurer State of Michigan now owns 101,146 shares of the company’s stock valued at $2,579,000 after purchasing an additional 11,200 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in Discovery Inc Series C by 649.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 642,781 shares of the company’s stock valued at $12,547,000 after purchasing an additional 557,062 shares in the last quarter. Trust Co. of Vermont increased its stake in Discovery Inc Series C by 638.6% during the 2nd quarter. Trust Co. of Vermont now owns 6,352 shares of the company’s stock valued at $162,000 after purchasing an additional 5,492 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in Discovery Inc Series C by 34.6% during the 2nd quarter. CIBC Private Wealth Group LLC now owns 278,743 shares of the company’s stock valued at $7,109,000 after purchasing an additional 71,586 shares in the last quarter. Finally, Koch Industries Inc. increased its stake in Discovery Inc Series C by 141.2% during the 1st quarter. Koch Industries Inc. now owns 26,970 shares of the company’s stock valued at $526,000 after purchasing an additional 15,789 shares in the last quarter. Hedge funds and other institutional investors own 56.08% of the company’s stock.

Discovery Inc Series C Company Profile

Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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