Headlines about Walt Disney (NYSE:DIS) have trended neutral this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Walt Disney earned a media sentiment score of 0.50 on their scale. InfoTrie also gave media headlines about the entertainment giant an news buzz score of 2 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Walt Disney’s analysis:
DIS has been the subject of several research reports. Morgan Stanley increased their price objective on Walt Disney from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, October 15th. Loop Capital increased their price objective on Walt Disney to $130.00 and gave the company a “buy” rating in a report on Friday, November 9th. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $104.00 to $130.00 in a report on Friday, October 19th. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a report on Monday, September 10th. Finally, Pivotal Research reissued a “sell” rating and set a $95.00 price objective on shares of Walt Disney in a report on Sunday, September 23rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Walt Disney currently has an average rating of “Buy” and a consensus price target of $122.39.
NYSE:DIS opened at $111.98 on Friday. The firm has a market cap of $170.20 billion, a price-to-earnings ratio of 15.82, a P/E/G ratio of 1.72 and a beta of 1.17. Walt Disney has a 1 year low of $97.68 and a 1 year high of $120.20. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.32.
Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 8th. The entertainment giant reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.17. The firm had revenue of $14.30 billion for the quarter, compared to the consensus estimate of $13.76 billion. Walt Disney had a return on equity of 21.43% and a net margin of 21.20%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.07 earnings per share. On average, analysts predict that Walt Disney will post 7.04 earnings per share for the current fiscal year.
The business also recently announced a semiannual dividend, which will be paid on Thursday, January 10th. Shareholders of record on Monday, December 10th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, December 7th. This represents a dividend yield of 1.51%. This is an increase from Walt Disney’s previous semiannual dividend of $0.84. Walt Disney’s dividend payout ratio is currently 23.73%.
In other Walt Disney news, Chairman Robert A. Iger sold 47,733 shares of the stock in a transaction on Friday, November 9th. The stock was sold at an average price of $120.00, for a total transaction of $5,727,960.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Brent Woodford sold 961 shares of the stock in a transaction on Monday, October 1st. The stock was sold at an average price of $117.06, for a total value of $112,494.66. Following the sale, the executive vice president now owns 25,737 shares in the company, valued at approximately $3,012,773.22. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,886 shares of company stock worth $9,284,819. Company insiders own 0.38% 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 services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.
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