Somewhat Favorable News Coverage Unlikely to Affect Walt Disney Company (The) (NYSE:DIS) Share Price

News headlines about Walt Disney Company (The) (NYSE:DIS) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Walt Disney Company (The) earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media headlines about the entertainment giant an impact score of 27 out of 100, meaning that recent press coverage is unlikely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern’s analysis:

Shares of Walt Disney Company (NYSE DIS) traded up 0.4031% during trading on Monday, hitting $103.7365. The stock had a trading volume of 2,403,733 shares. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10. The company has a market cap of $162.34 billion, a PE ratio of 18.0915 and a beta of 1.39. The stock’s 50 day moving average is $106.63 and its 200-day moving average is $109.31.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, May 9th. The entertainment giant reported $1.50 EPS for the quarter, beating the Zacks’ consensus estimate of $1.45 by $0.05. The business had revenue of $13.34 billion during the quarter, compared to the consensus estimate of $13.44 billion. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.63%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 earnings per share. Analysts forecast that Walt Disney Company will post $5.93 earnings per share for the current year.

The firm also recently disclosed a dividend, which will be paid on Thursday, July 27th. Stockholders of record on Monday, July 10th will be given a $0.78 dividend. The ex-dividend date of this dividend is Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio is currently 27.18%.

A number of equities research analysts recently commented on the company. Bank of America Corporation set a $125.00 target price on Walt Disney Company (The) and gave the stock a “hold” rating in a report on Saturday, June 24th. Royal Bank of Canada set a $130.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Monday, June 12th. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Jefferies Group LLC lifted their target price on Walt Disney Company (The) from $100.00 to $110.00 and gave the stock a “hold” rating in a report on Monday, March 27th. Finally, Moffett Nathanson reaffirmed a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Five equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $116.49.

WARNING: “Somewhat Favorable News Coverage Unlikely to Affect Walt Disney Company (The) (NYSE:DIS) Share Price” was originally reported by WKRB News and is owned by of WKRB News. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.wkrb13.com/markets/2285910/somewhat-favorable-news-coverage-unlikely-to-affect-walt-disney-company-the-nysedis-share-price.html.

In other news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction on Friday, June 9th. The stock was sold at an average price of $105.09, for a total value of $83,817,472.02. Following the completion of the sale, the chairman now owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Brent Woodford sold 2,000 shares of Walt Disney Company (The) stock in a transaction on Tuesday, April 18th. The shares were sold at an average price of $114.50, for a total value of $229,000.00. Following the completion of the sale, the executive vice president now directly owns 27,745 shares of the company’s stock, valued at approximately $3,176,802.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 811,721 shares of company stock valued at $85,370,302. Company insiders own 0.38% of the company’s stock.

Walt Disney Company (The) 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.

Insider Buying and Selling by Quarter for Walt Disney Company (The) (NYSE:DIS)

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