The Walt Disney Company (NYSE:DIS) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of The Walt Disney Company (NYSE:DIS - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twenty-eight research firms that are presently covering the firm, Marketbeat reports. Eight analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $131.1818.

DIS has been the subject of a number of research reports. Jefferies Financial Group cut Walt Disney from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. JPMorgan Chase & Co. lifted their target price on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. UBS Group boosted their target price on Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday, August 7th.

Walt Disney Stock Up 0.3%

DIS stock traded up $0.3120 during mid-day trading on Monday, hitting $116.5820. 3,254,356 shares of the company were exchanged, compared to its average volume of 9,727,086. 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 has a 1-year low of $80.10 and a 1-year high of $124.69. The firm's 50 day simple moving average is $119.29 and its 200 day simple moving average is $108.14. The firm has a market cap of $209.61 billion, a P/E ratio of 18.25, a P/E/G ratio of 1.68 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. During the same quarter in the prior year, the company earned $1.39 earnings per share. The business's quarterly revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts predict that Walt Disney will post 5.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

Several institutional investors and hedge funds have recently added to or reduced their stakes in DIS. North Dallas Bank & Trust Co. acquired a new position in shares of Walt Disney during the 2nd quarter worth about $200,000. B. Riley Wealth Advisors Inc. bought a new stake in Walt Disney during the second quarter worth about $2,790,000. Newbridge Financial Services Group Inc. raised its holdings in Walt Disney by 96.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 8,521 shares of the entertainment giant's stock worth $1,057,000 after acquiring an additional 4,187 shares in the last quarter. Cape Investment Advisory Inc. boosted its position in Walt Disney by 4.0% during the second quarter. Cape Investment Advisory Inc. now owns 14,794 shares of the entertainment giant's stock valued at $1,835,000 after purchasing an additional 573 shares during the last quarter. Finally, Advisory Services Network LLC grew its stake in Walt Disney by 34.7% in the second quarter. Advisory Services Network LLC now owns 80,762 shares of the entertainment giant's stock valued at $9,619,000 after purchasing an additional 20,802 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Company Profile

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.