Walt Disney (NYSE:DIS) Stock Price Up 0.8%

The Walt Disney Company (NYSE:DISGet Free Report)’s share price rose 0.8% on Friday . The stock traded as high as $102.27 and last traded at $102.04. Approximately 1,765,673 shares were traded during trading, a decline of 85% from the average daily volume of 11,636,400 shares. The stock had previously closed at $101.21.

Analyst Ratings Changes

Several research analysts have recently issued reports on DIS shares. Needham & Company LLC restated a “buy” rating and issued a $145.00 price objective on shares of Walt Disney in a research note on Tuesday, May 7th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Argus upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Macquarie raised their target price on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Finally, Morgan Stanley upped their price target on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, March 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.29.

View Our Latest Report on Walt Disney

Walt Disney Stock Performance

The company has a market cap of $185.11 billion, a price-to-earnings ratio of 110.37, a PEG ratio of 1.26 and a beta of 1.40. The firm’s 50 day simple moving average is $109.29 and its 200-day simple moving average is $103.78. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75.

Walt Disney (NYSE:DISGet Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.93 earnings per share. On average, sell-side analysts predict that The Walt Disney Company will post 4.76 EPS for the current year.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Planned Solutions Inc. acquired a new stake in shares of Walt Disney during the 4th quarter worth about $26,000. Gold Investment Management Ltd. purchased a new stake in shares of Walt Disney in the 4th quarter valued at approximately $28,000. Fortis Group Advisors LLC acquired a new position in shares of Walt Disney in the 3rd quarter worth approximately $30,000. Stone House Investment Management LLC boosted its position in shares of Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after purchasing an additional 270 shares during the period. Finally, ESL Trust Services LLC acquired a new stake in Walt Disney in the 1st quarter valued at approximately $31,000. 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.

Featured Articles

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.