Shares of The Walt Disney Company (NYSE:DIS - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twenty-eight research firms that are presently covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation, nineteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $131.1818.
Several equities analysts have commented on the stock. Morgan Stanley raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Jefferies Financial Group lowered shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Raymond James Financial reissued a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Barclays raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a report on Thursday, September 4th.
View Our Latest Stock Analysis on DIS
Walt Disney Stock Performance
NYSE:DIS traded down $0.30 during mid-day trading on Friday, reaching $115.66. 7,148,485 shares of the company's stock were exchanged, compared to its average volume of 6,004,555. Walt Disney has a one year low of $80.10 and a one year high of $124.69. The firm has a market capitalization of $207.95 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.55. The business's fifty day simple moving average is $118.19 and its two-hundred day simple moving average is $109.01. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period last year, the firm earned $1.39 earnings per share. Walt Disney's revenue for the quarter was up 2.1% compared to the same quarter last year. Analysts anticipate that Walt Disney will post 5.47 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Walt Disney
A number of hedge funds have recently made changes to their positions in DIS. Kondo Wealth Advisors Inc. boosted its stake in Walt Disney by 1.2% in the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant's stock worth $904,000 after purchasing an additional 84 shares during the period. Cornerstone Advisory LLC boosted its stake in Walt Disney by 1.5% in the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant's stock worth $730,000 after purchasing an additional 86 shares during the period. Physician Wealth Advisors Inc. boosted its stake in Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant's stock worth $323,000 after purchasing an additional 87 shares during the period. Childress Capital Advisors LLC boosted its position in shares of Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant's stock valued at $341,000 after acquiring an additional 87 shares during the last quarter. Finally, Apollon Financial LLC boosted its position in shares of Walt Disney by 1.5% during the 2nd quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant's stock valued at $755,000 after acquiring an additional 87 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.
About Walt Disney
(
Get Free Report)
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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