Discovery Communications (DISCB) Downgraded to Hold at ValuEngine

Discovery Communications (NASDAQ:DISCB) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Separately, TheStreet lowered Discovery Communications from a “b” rating to a “c” rating in a report on Tuesday, February 27th.

Discovery Communications (DISCB) opened at $34.25 on Friday. The stock has a market capitalization of $13,080.32, a P/E ratio of -57.08 and a beta of 1.62. The company has a current ratio of 5.34, a quick ratio of 5.34 and a debt-to-equity ratio of 3.20. Discovery Communications has a 1 year low of $19.25 and a 1 year high of $36.10.

Discovery Communications (NASDAQ:DISCB) last announced its earnings results on Tuesday, February 27th. The company reported $0.47 earnings per share (EPS) for the quarter. The company had revenue of $1.86 billion for the quarter. Discovery Communications had a positive return on equity of 21.68% and a negative net margin of 4.90%.

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Discovery Communications Company Profile

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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