Walt Disney (NYSE:DIS - Free Report) had its target price trimmed by Barclays from $135.00 to $130.00 in a research report released on Wednesday morning, Benzinga reports. The firm currently has an overweight rating on the entertainment giant's stock.
Other equities research analysts have also issued research reports about the stock. Daiwa Capital Markets reiterated a buy rating and issued a $133.00 price objective on shares of Walt Disney in a research note on Monday, April 1st. Argus lifted their target price on Walt Disney from $125.00 to $140.00 and gave the stock a buy rating in a research note on Wednesday, April 10th. Needham & Company LLC restated a buy rating and set a $145.00 price objective on shares of Walt Disney in a report on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a buy rating in a research report on Monday. Finally, Tigress Financial restated a buy rating and set a $136.00 price target on shares of Walt Disney in a research note on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus target price of $126.46.
View Our Latest Report on DIS
Walt Disney Stock Up 0.1 %
NYSE:DIS traded up $0.07 on Wednesday, hitting $105.46. The stock had a trading volume of 15,221,881 shares, compared to its average volume of 12,100,998. The company has a market cap of $193.45 billion, a PE ratio of 65.10, a P/E/G ratio of 1.39 and a beta of 1.40. Walt Disney has a 52 week low of $78.73 and a 52 week high of $123.74. The business's fifty day moving average is $114.59 and its 200 day moving average is $101.21. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The business's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $0.93 earnings per share. On average, equities research analysts expect that Walt Disney will post 4.7 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Sonia L. Coleman sold 1,857 shares of the company's stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now directly owns 4,400 shares of the company's stock, valued at $536,448. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.10% of the company's stock.
Institutional Investors Weigh In On Walt Disney
A number of institutional investors have recently modified their holdings of DIS. Planned Solutions Inc. bought a new stake in Walt Disney in the 4th quarter worth approximately $26,000. Gold Investment Management Ltd. purchased a new position in Walt Disney in the fourth quarter worth about $28,000. Fortis Group Advisors LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at about $30,000. Stone House Investment Management LLC increased its position in shares of Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant's stock valued at $31,000 after purchasing an additional 270 shares during the last quarter. Finally, Partnership Wealth Management LLC bought a new position in shares of Walt Disney in the 4th quarter worth approximately $33,000. 65.71% of the stock is owned by hedge funds and other institutional investors.
Walt Disney Company Profile
(
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The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
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