The Walt Disney Company (NYSE:DIS) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• The Walt Disney Company has received a consensus recommendation of "Moderate Buy" from 28 research firms, with 19 analysts recommending a buy and 9 a hold rating.
• Walt Disney's stock has a target price of $131.18, with recent analysts’ ratings including a revised target from Morgan Stanley increasing from $120 to $140.
• In its latest quarterly report, Walt Disney exceeded EPS estimates with $1.61, while reporting revenue of $23.65 billion, a 2.1% year-over-year increase.

The Walt Disney Company (NYSE:DIS - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the twenty-eight research firms that are currently covering the firm, Marketbeat.com reports. Nine research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $131.1818.

A number of analysts have recently commented on DIS shares. Chardan Capital reissued a "buy" rating on shares of Walt Disney in a research report on Monday, August 11th. Wall Street Zen cut Walt Disney from a "buy" rating to a "hold" rating in a research report on Friday. Needham & Company LLC restated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Tuesday, September 23rd. Stephens restated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Morgan Stanley increased their price target on Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, August 4th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DIS. Kondo Wealth Advisors Inc. lifted its stake in Walt Disney by 1.2% in the second 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 last quarter. Cornerstone Advisory LLC raised its stake in Walt Disney by 1.5% in the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant's stock worth $730,000 after buying an additional 86 shares in the last quarter. Physician Wealth Advisors Inc. grew its holdings in Walt Disney by 3.5% in the second 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 last quarter. Childress Capital Advisors LLC grew its holdings in Walt Disney by 3.3% in the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant's stock worth $341,000 after purchasing an additional 87 shares during the last quarter. Finally, Apollon Financial LLC grew its holdings in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant's stock worth $755,000 after purchasing an additional 87 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Walt Disney Stock Performance

Shares of DIS opened at $112.83 on Tuesday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The business's 50 day moving average price is $115.97 and its 200-day moving average price is $110.19. Walt Disney has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market cap of $202.86 billion, a P/E ratio of 17.68, a P/E/G ratio of 1.48 and a beta of 1.54.

Walt Disney (NYSE:DIS - Get Free Report) last issued 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 return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion for the quarter, compared to analysts' expectations of $23.69 billion. During the same period in the previous year, the firm posted $1.39 EPS. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts anticipate that Walt Disney will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

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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