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Discovery, Inc (DISCA) is a leading entertainment business with stocks listed in the US. It opened the day at US$30.4 after a previous close of US$30.14. During the day the price has varied from a low of USD30.24 to a high of USD30.805. The latest price was USD30.79 (25 minute delay). Discovery is listed on the NASDAQ. All prices are listed in US Dollars.
How to buy shares in Discovery
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Discovery. Find the share by name or ticker symbol: DISCA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Discovery reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$31.55, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Discovery, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Discovery. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Discovery key stats
- Compare share trading platforms
- Is Discovery stock a buy or sell?
- Discovery performance over time
- Can I short Discovery shares?
- Is Discovery suitable for ethical investing?
- Are Discovery shares over-valued?
- Discovery's financials
- How volatile are Discovery shares?
- Does Discovery pay a dividend?
- Have Discovery shares ever split?
- Other common questions
Discovery share priceUse our graph to track the performance of DISCA stocks over time.
Discovery shares at a glance
|52-week range||US$19.07 - US$78.14|
|50-day moving average||US$34.5997|
|200-day moving average||US$40.7574|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||US$1.117|
Compare share trading platforms to buy stock
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Is it a good time to buy Discovery stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Discovery price performance over time
|1 month (2021-05-12)||-13.90%|
|3 months (2021-03-12)||-56.69%|
|6 months (2020-12-11)||6.43%|
|1 year (2020-06-12)||39.51%|
|2 years (2019-06-12)||5.34%|
|3 years (2018-06-12)||28.18%|
|5 years (2016-06-10)||17.74%|
Is Discovery under- or over-valued?
Valuing Discovery stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Discovery's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Discovery's P/E ratio
Discovery's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Discovery shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Discovery's PEG ratio
Discovery's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8678. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Discovery's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Discovery's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3.8 billion.
The EBITDA is a measure of a Discovery's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$10.8 billion|
|Operating margin TTM||22.31%|
|Gross profit TTM||US$6.9 billion|
|Return on assets TTM||4.49%|
|Return on equity TTM||9.5%|
|Market capitalisation||US$14.9 billion|
TTM: trailing 12 months
Shorting Discovery shares
There are currently 31.1 million Discovery shares held short by investors – that's known as Discovery's "short interest". This figure is 19.5% up from 26.0 million last month.
There are a few different ways that this level of interest in shorting Discovery shares can be evaluated.
Discovery's "short interest ratio" (SIR)
Discovery's "short interest ratio" (SIR) is the quantity of Discovery shares currently shorted divided by the average quantity of Discovery shares traded daily (recently around 14.5 million). Discovery's SIR currently stands at 2.14. In other words for every 100,000 Discovery shares traded daily on the market, roughly 2140 shares are currently held short.
However Discovery's short interest can also be evaluated against the total number of Discovery shares, or, against the total number of tradable Discovery shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Discovery's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Discovery shares in existence, roughly 60 shares are currently held short) or 0.1915% of the tradable shares (for every 100,000 tradable Discovery shares, roughly 192 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Discovery.
Find out more about how you can short Discovery stock.
Discovery's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Discovery.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Discovery's total ESG risk score
Total ESG risk: 23.16
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Discovery's overall score of 23.16 (as at 12/31/2018) is pretty good – landing it in it in the 21st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Discovery is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Discovery's environmental score
Environmental score: 5.16/100
Discovery's environmental score of 5.16 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Discovery is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Discovery's social score
Social score: 15.63/100
Discovery's social score of 15.63 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Discovery is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Discovery's governance score
Governance score: 13.37/100
Discovery's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Discovery is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Discovery's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Discovery scored a 1 out of 5 for controversy – the highest score possible, reflecting that Discovery has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||23.16|
|Total ESG percentile||21.36|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||1|
Discovery share dividends
We're not expecting Discovery to pay a dividend over the next 12 months.
Have Discovery's shares ever split?
Discovery's shares were split on a 1957:1000 basis on 6 August 2014. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1957 shares. This wouldn't directly have changed the overall worth of your Discovery shares – just the quantity. However, indirectly, the new 48.9% lower share price could have impacted the market appetite for Discovery shares which in turn could have impacted Discovery's share price.
Discovery share price volatility
Over the last 12 months, Discovery's shares have ranged in value from as little as US$19.07 up to US$78.14. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Discovery's is 1.3815. This would suggest that Discovery's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, DIY Network, Cooking Channel, Great American Country, ID, the Oprah Winfrey Network, Eurosport, DMAX, and Discovery Home & Health brands, as well as other regional television networks. Its content spans genres, including survival, natural history, exploration, sports, general entertainment, home, food, travel, heroes, adventure, crime and investigation, health, and kids. The company also operates production studios that develop and produce content; and digital products and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, content licensing agreements, and direct-to-consumer subscriptions, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, video on demand, and broadband channels. The company was founded in 1985 and is headquartered in Silver Spring, Maryland.
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