Company Update: Discovery Communications Inc (NASDAQ:DISCA) – Discovery Education And 3M Search For America’s 2016 Top Young Scientist

[PR Newswire] – The Challenge rewards students who use their science acumen and innovative thinking to create new ways to solve the issues we face every day. Hannah Herbst, who won last year for her energy probe prototype that seeks to offer a stable power source to developing countries, entered the contest because she wanted to help her 9-year-old pen pal living in Ethiopia who lacks a reliable source of power and electricity. “The Discovery Education 3M Young Scientist Challenge provided so many amazing opportunities – from working with my 3M Scientist Mentor, to bonding with nine other amazing finalists and spending three days at the 3M Innovation Center,” said Herbst. Read more on this. Discovery Communications, Inc. (DISCA) , valued at $15.27B, opened at $25.95. During the trading session, DISCA traded between $25.91 to $26.64 with the price of the stock fluctuating between $25.02 to $34.94 over the last 52 weeks. DISCA shares are currently priced at 15.76x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 0.65x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 21 sell-side analysts are looking at $0.42 per share, which would be $0.04 better than the year-ago quarter and a $0.04 sequential decrease. Investors should also note that the full-year EPS estimate of $1.65 is a $0.01 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.68 Billion. If realized, that would be a 0.00% decrease over the year-ago quarter. More recently, Barclays downgraded DISCA from Overweight to Equal Weight (Oct 16, 2015). Previously, Macquarie downgraded DISCA from Outperform to Neutral. The average price target for DISCA shares is $31.74, which is 22.31% above where the stock opened this morning. See more in (NASDAQ:DISCA) Similar Articles: Company Update: Discovery Communications Inc (NASDAQ:DISCA) – LIONSGATE PARTNERS WITH LIBERTY GLOBAL AND DISCOVERY COMMUNICATIONS Stock Update: Discovery Communications Inc (NASDAQ:DISCA) – Discovery Communications To Host Inaugural Investor Day On Tuesday, September 29 Market Update: Discovery Communications Inc (NASDAQ:DISCA) – Healthy Weight Commitment Foundation And Discovery Education Empower Students Nationwide To Fight Childhood Obesity With Renowned Wellness Initiative