The Walt Disney Company (NYSE:DIS) Receives $132.90 Consensus Price Target from Analysts

The Walt Disney Company (NYSE:DIS) has earned a consensus rating of “Moderate Buy” from the twenty-eight analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $132.9048.

DIS has been the topic of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Tuesday, September 23rd. Rosenblatt Securities restated a “buy” rating and set a $141.00 price target on shares of Walt Disney in a research report on Friday, October 17th. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, UBS Group increased their price target on Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DIS. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the 2nd quarter worth $4,220,599,000. Norges Bank acquired a new position in Walt Disney during the 2nd quarter worth $2,618,295,000. Nuveen LLC acquired a new position in Walt Disney during the 1st quarter worth $1,353,607,000. Viking Global Investors LP acquired a new position in Walt Disney during the 2nd quarter worth $725,219,000. Finally, Assenagon Asset Management S.A. lifted its holdings in Walt Disney by 231.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,711,353 shares of the entertainment giant’s stock worth $539,450,000 after buying an additional 3,289,707 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 0.4%

DIS stock opened at $112.14 on Friday. Walt Disney has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a market cap of $201.62 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.45 and a beta of 1.54. The business’s 50 day moving average is $114.01 and its 200-day moving average is $113.28. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last released 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. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.Walt Disney’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 EPS. Equities analysts anticipate that Walt Disney will post 5.47 earnings per share for the current fiscal year.

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.