The Walt Disney Company (NYSE:DIS) Receives Average Recommendation of “Moderate Buy” from Brokerages

The Walt Disney Company (NYSE:DIS) has received a consensus rating of “Moderate Buy” from the twenty-five ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $111.40.

A number of research analysts recently issued reports on DIS shares. Credit Suisse Group cut their price target on Walt Disney from $126.00 to $122.00 and set an “outperform” rating for the company in a report on Monday, August 21st. Truist Financial reiterated a “buy” rating and set a $105.00 target price on shares of Walt Disney in a research report on Tuesday, September 19th. Evercore ISI dropped their target price on shares of Walt Disney from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday, July 24th. StockNews.com initiated coverage on Walt Disney in a report on Thursday, October 5th. They issued a “sell” rating for the company. Finally, Needham & Company LLC restated a “hold” rating on shares of Walt Disney in a research report on Wednesday, September 20th.

Institutional Trading of Walt Disney

Institutional investors have recently bought and sold shares of the business. Dark Forest Capital Management LP bought a new stake in shares of Walt Disney in the first quarter valued at approximately $28,000. Worth Asset Management LLC bought a new stake in shares of Walt Disney during the 1st quarter valued at $29,000. GeoWealth Management LLC lifted its position in shares of Walt Disney by 136.9% during the 2nd quarter. GeoWealth Management LLC now owns 334 shares of the entertainment giant’s stock valued at $30,000 after acquiring an additional 193 shares during the period. MBM Wealth Consultants LLC lifted its position in shares of Walt Disney by 197.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock valued at $33,000 after acquiring an additional 243 shares during the period. Finally, DHJJ Financial Advisors Ltd. bought a new stake in Walt Disney during the third quarter worth about $39,000. Institutional investors own 61.17% of the company’s stock.

Walt Disney Stock Down 1.2 %

Shares of DIS stock opened at $84.05 on Tuesday. The stock has a fifty day moving average price of $82.53 and a 200 day moving average price of $87.84. The stock has a market cap of $153.79 billion, a P/E ratio of 68.33, a price-to-earnings-growth ratio of 1.25 and a beta of 1.30. Walt Disney has a one year low of $78.73 and a one year high of $118.18. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 1.00.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. The firm had revenue of $22.33 billion during the quarter, compared to analysts’ expectations of $22.50 billion. Walt Disney had a net margin of 2.56% and a return on equity of 6.45%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.09 earnings per share. Analysts predict that Walt Disney will post 3.65 earnings per share for the current year.

About Walt Disney

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 networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.