Media headlines about Walt Disney (NYSE:DIS) have trended somewhat positive recently, according to AlphaOne Sentiment. The research firm, a division of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Walt Disney earned a media sentiment score of 0.18 on AlphaOne’s scale. AlphaOne also gave news articles about the entertainment giant an impact score of 35 out of 100, indicating that recent press coverage is unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted AlphaOne Sentiment’s scoring:
Walt Disney (NYSE:DIS) traded up 0.74% during trading on Friday, hitting $111.99. 5,871,354 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $113.23 and its 200 day moving average price is $106.30. Walt Disney has a 12-month low of $90.32 and a 12-month high of $116.10. The firm has a market cap of $177.08 billion, a price-to-earnings ratio of 20.21 and a beta of 1.25.
Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 7th. The entertainment giant reported $1.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.48 by $0.07. The business earned $14.78 billion during the quarter, compared to the consensus estimate of $15.30 billion. Walt Disney had a return on equity of 19.43% and a net margin of 16.29%. The company’s revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.63 earnings per share. Equities analysts forecast that Walt Disney will post $5.95 earnings per share for the current fiscal year.
Several analysts have recently weighed in on DIS shares. Credit Suisse Group AG restated an “outperform” rating on shares of Walt Disney in a research report on Wednesday, January 11th. Drexel Hamilton reiterated a “hold” rating and issued a $107.00 target price on shares of Walt Disney in a research report on Thursday, January 12th. Pivotal Research reiterated a “sell” rating and issued a $85.00 target price (down previously from $102.00) on shares of Walt Disney in a research report on Thursday, January 12th. Vetr upgraded shares of Walt Disney from a “hold” rating to a “buy” rating and set a $112.99 target price on the stock in a research report on Thursday, January 12th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a $124.00 price target (up previously from $118.00) on shares of Walt Disney in a report on Saturday, January 14th. Five analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. Walt Disney presently has an average rating of “Hold” and an average target price of $116.43.
In other news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 18th. The stock was sold at an average price of $114.50, for a total transaction of $229,000.00. Following the completion of the sale, the executive vice president now owns 27,745 shares in the company, valued at $3,176,802.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.00% of the stock is owned by corporate insiders.
Walt Disney Company Profile
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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