News headlines about Walt Disney (NYSE:DIS) have been trending positive recently, AlphaOne reports. The research firm, a service of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. 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 coverage optimism score of 0.30 on AlphaOne’s scale. AlphaOne also gave news stories about the entertainment giant an impact score of 26 out of 100, indicating that recent press coverage is unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted AlphaOne’s rankings:
- 7 things to know about Disney star Sofia Carson (abcnews.go.com)
- Disney In Depth: Recognizing The Next Disney Legends (geeksofdoom.com)
- Star Wars “Starship” Luxury Hotel Experience May Be Coming to Disney World (tribunist.com)
- The Disney Conservation Fund Names the Recipients of its 2016-2017 Grants (csrwire.com)
- Inside the Disney Marketing Machine in the Era of Michael Eisner & Frank Wells (prlog.org)
Walt Disney (NYSE:DIS) traded up 0.93% on Thursday, reaching $114.79. The company had a trading volume of 5,279,267 shares. The stock has a market capitalization of $181.51 billion, a P/E ratio of 20.72 and a beta of 1.25. Walt Disney has a 12-month low of $90.32 and a 12-month high of $115.05. The stock’s 50-day moving average price is $112.40 and its 200-day moving average price is $104.65.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 7th. The entertainment giant reported $1.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.48 by $0.07. The company had revenue of $14.78 billion for the quarter, compared to analysts’ expectations of $15.30 billion. Walt Disney had a return on equity of 19.43% and a net margin of 16.29%. Walt Disney’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period last year, the firm posted $1.63 EPS. On average, equities research analysts anticipate that Walt Disney will post $5.95 EPS for the current fiscal year.
DIS has been the topic of a number of recent research reports. Sanford C. Bernstein reiterated a “market perform” rating and issued a $107.00 price objective on shares of Walt Disney in a report on Thursday, April 6th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a $124.00 price objective on shares of Walt Disney in a report on Tuesday, April 11th. Guggenheim reiterated a “buy” rating and issued a $128.00 price objective on shares of Walt Disney in a report on Tuesday, April 11th. FBR & Co lifted their price objective on shares of Walt Disney from $113.00 to $116.00 and gave the company a “mkt perform” rating in a report on Friday, April 7th. Finally, Vetr upgraded shares of Walt Disney from a “hold” rating to a “buy” rating and set a $118.01 price objective on the stock in a report on Monday, April 10th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty have issued a buy rating to the stock. Walt Disney currently has a consensus rating of “Hold” and a consensus price target of $116.57.
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In related news, EVP Brent Woodford sold 2,000 shares of the firm’s stock in a transaction dated Monday, January 30th. The stock was sold at an average price of $110.50, for a total transaction of $221,000.00. Following the transaction, the executive vice president now directly owns 27,745 shares of the company’s stock, valued at approximately $3,065,822.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 13.00% of the company’s stock.
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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