The Walt Disney Company (NYSE:DIS) Receives Average Rating of “Buy” from Analysts

Shares of The Walt Disney Company (NYSE:DISGet Rating) have been assigned an average rating of “Buy” from the twenty-six analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $185.04.

A number of brokerages recently commented on DIS. Citigroup dropped their price target on Walt Disney from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Thursday, February 17th. StockNews.com assumed coverage on Walt Disney in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Credit Suisse Group set a $218.00 price objective on Walt Disney in a research note on Thursday, February 10th. JPMorgan Chase & Co. lowered their price objective on Walt Disney from $200.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, April 19th. Finally, Guggenheim raised their price objective on Walt Disney from $165.00 to $172.00 and gave the company a “neutral” rating in a research note on Thursday, February 10th.

Shares of NYSE DIS traded down $2.44 during mid-day trading on Friday, hitting $110.17. 242,984 shares of the stock traded hands, compared to its average volume of 13,634,704. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.05 and a current ratio of 1.10. The stock has a fifty day moving average price of $131.75 and a 200-day moving average price of $146.51. Walt Disney has a 52 week low of $111.01 and a 52 week high of $187.58. The company has a market cap of $200.58 billion, a price-to-earnings ratio of 65.10, a PEG ratio of 1.11 and a beta of 1.21.

Walt Disney (NYSE:DISGet Rating) last posted its quarterly earnings data on Wednesday, February 9th. The entertainment giant reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.49. The company had revenue of $21.82 billion during the quarter, compared to analysts’ expectations of $21.20 billion. Walt Disney had a return on equity of 6.26% and a net margin of 4.22%. During the same quarter in the prior year, the business earned $0.32 earnings per share. As a group, sell-side analysts predict that Walt Disney will post 4.49 EPS for the current fiscal year.

In other news, EVP Brent Woodford sold 226 shares of Walt Disney stock in a transaction on Thursday, March 10th. The stock was sold at an average price of $132.50, for a total value of $29,945.00. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.10% of the company’s stock.

Large investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Walt Disney in the 4th quarter worth $2,290,736,000. MFA Wealth Advisors LLC boosted its position in shares of Walt Disney by 15,362.6% in the 3rd quarter. MFA Wealth Advisors LLC now owns 3,170,599 shares of the entertainment giant’s stock worth $3,370,000 after purchasing an additional 3,150,094 shares in the last quarter. Loomis Sayles & Co. L P boosted its position in shares of Walt Disney by 25.1% in the 4th quarter. Loomis Sayles & Co. L P now owns 13,510,534 shares of the entertainment giant’s stock worth $2,092,646,000 after purchasing an additional 2,707,126 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Walt Disney by 106.7% in the 1st quarter. SG Americas Securities LLC now owns 166,124 shares of the entertainment giant’s stock worth $22,786,000 after purchasing an additional 2,640,795 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Walt Disney by 8.0% in the 3rd quarter. Morgan Stanley now owns 35,294,697 shares of the entertainment giant’s stock worth $5,970,803,000 after purchasing an additional 2,628,220 shares in the last quarter. Institutional investors and hedge funds own 64.17% of the company’s stock.

Walt Disney Company Profile (Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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Analyst Recommendations for Walt Disney (NYSE:DIS)

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