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

Headlines about Walt Disney Company (The) (NYSE:DIS) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Walt Disney Company (The) earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the entertainment giant an impact score of 46.4049917188615 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

Walt Disney Company (NYSE DIS) traded up 0.95% during trading on Wednesday, hitting $98.82. 7,499,566 shares of the stock were exchanged. The stock’s 50-day moving average price is $103.38 and its 200-day moving average price is $107.89. The firm has a market cap of $152.53 billion, a PE ratio of 17.53 and a beta of 1.42. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The company had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter in the prior year, the business posted $1.62 EPS. The business’s revenue was down .3% compared to the same quarter last year. On average, equities analysts expect that Walt Disney Company will post $5.82 EPS for the current year.

Several research firms recently weighed in on DIS. Sanford C. Bernstein reiterated a “market perform” rating on shares of Walt Disney Company (The) in a report on Tuesday. Credit Suisse Group reissued an “outperform” rating and issued a $120.00 price target on shares of Walt Disney Company (The) in a research note on Monday. J P Morgan Chase & Co reissued an “overweight” rating and issued a $125.00 price target (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday. Loop Capital reissued a “hold” rating and issued a $104.00 price target (down previously from $106.00) on shares of Walt Disney Company (The) in a research note on Friday, September 8th. Finally, Bank of America Corporation reaffirmed a “buy” rating and set a $120.00 price objective (down previously from $125.00) on shares of Walt Disney Company (The) in a research report on Friday, September 8th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $113.98.

WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Walt Disney Company (The) (DIS) Share Price” was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://stocknewstimes.com/2017/09/13/walt-disney-company-the-dis-earning-somewhat-favorable-media-coverage-analysis-shows.html.

In related news, Director Maria Elena Lagomasino bought 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, with a total value of $99,883.84. Following the acquisition, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 13.00% of the stock is owned by company insiders.

About Walt Disney Company (The)

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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