Walt Disney (DIS) Getting Somewhat Positive Media Coverage, Report Shows

Media coverage about Walt Disney (NYSE:DIS) has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Walt Disney earned a news impact score of 2.00 on their scale. InfoTrie also assigned news coverage about the entertainment giant an news buzz score of 4 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have impacted Walt Disney’s ranking:

A number of analysts recently commented on DIS shares. Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, April 2nd. Rosenblatt Securities restated a “buy” rating and issued a $150.00 price objective on shares of Walt Disney in a research report on Monday. BMO Capital Markets upped their price objective on shares of Walt Disney from $109.00 to $114.00 and gave the company a “market perform” rating in a research report on Thursday, February 7th. Citigroup started coverage on shares of Walt Disney in a research report on Tuesday, April 2nd. They issued a “buy” rating and a $150.00 price objective for the company. Finally, Goldman Sachs Group started coverage on shares of Walt Disney in a research report on Thursday, April 4th. They issued a “buy” rating and a $142.00 price objective for the company. Two research analysts have rated the stock with a sell rating, two have given a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $128.75.

DIS opened at $116.60 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.92. Walt Disney has a 12 month low of $97.68 and a 12 month high of $120.20. The firm has a market capitalization of $174.66 billion, a P/E ratio of 16.47, a PEG ratio of 3.23 and a beta of 0.91.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.27. The firm had revenue of $15.30 billion during the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.89 EPS. As a group, sell-side analysts forecast that Walt Disney will post 6.88 earnings per share for the current fiscal year.

In related news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction on Wednesday, February 6th. The shares were sold at an average price of $113.60, for a total value of $227,200.00. Following the completion of the transaction, the executive vice president now directly owns 26,517 shares of the company’s stock, valued at approximately $3,012,331.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 4,042 shares of company stock valued at $460,637. Company insiders own 0.36% of the company’s stock.

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About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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