Analysts Set The Walt Disney Company (NYSE:DIS) Price Target at $134.00

The Walt Disney Company (NYSE:DISGet Free Report) has received a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eighteen have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $132.8125.

A number of research firms recently issued reports on DIS. Wells Fargo & Company dropped their target price on shares of Walt Disney from $150.00 to $148.00 and set an “overweight” rating for the company in a research report on Friday, March 27th. Jefferies Financial Group reduced their price target on shares of Walt Disney from $136.00 to $132.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Weiss Ratings downgraded shares of Walt Disney from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 3rd. Barclays reissued an “overweight” rating on shares of Walt Disney in a research note on Monday, February 2nd. Finally, The Goldman Sachs Group restated a “buy” rating and set a $151.00 target price on shares of Walt Disney in a report on Monday, February 2nd.

Read Our Latest Analysis on Walt Disney

Walt Disney Price Performance

Shares of Walt Disney stock opened at $96.69 on Tuesday. The business’s fifty day moving average price is $103.24 and its 200 day moving average price is $108.38. Walt Disney has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $171.28 billion, a P/E ratio of 14.22, a PEG ratio of 1.35 and a beta of 1.44.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings data on Monday, February 2nd. The entertainment giant reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.06. The company had revenue of $25.98 billion for the quarter, compared to the consensus estimate of $25.54 billion. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $1.40 EPS. As a group, research analysts anticipate that Walt Disney will post 5.47 earnings per share for the current year.

More Walt Disney News

Here are the key news stories impacting Walt Disney this week:

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Varma Mutual Pension Insurance Co increased its holdings in Walt Disney by 8.8% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 284,894 shares of the entertainment giant’s stock worth $32,620,000 after purchasing an additional 23,100 shares during the last quarter. Sterling Investment Counsel LLC boosted its stake in shares of Walt Disney by 130.5% during the 3rd quarter. Sterling Investment Counsel LLC now owns 13,590 shares of the entertainment giant’s stock valued at $1,556,000 after buying an additional 7,695 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Walt Disney during the 2nd quarter valued at approximately $1,352,000. Baron Silver Stevens Financial Advisors LLC grew its position in shares of Walt Disney by 244.6% during the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 10,365 shares of the entertainment giant’s stock worth $1,187,000 after buying an additional 7,357 shares in the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of Walt Disney during the third quarter worth approximately $21,177,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Company Profile

(Get Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

Recommended Stories

Analyst Recommendations for Walt Disney (NYSE:DIS)

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.