DIS has been the topic of a number of other reports. FBR & Co reaffirmed a hold rating on shares of The Walt Disney in a research note on Sunday, September 4th. Piper Jaffray Cos. reissued an overweight rating and set a $120.00 target price on shares of The Walt Disney in a research note on Monday, August 8th. Jefferies Group reissued a hold rating and set a $92.00 target price on shares of The Walt Disney in a research note on Thursday, September 22nd. Nomura reissued a buy rating and set a $115.00 target price on shares of The Walt Disney in a research note on Wednesday, June 15th. Finally, Stifel Nicolaus cut The Walt Disney from a buy rating to a hold rating and set a $110.00 target price on the stock. in a research note on Wednesday, July 20th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The Walt Disney has an average rating of Hold and a consensus target price of $109.71.
Shares of The Walt Disney (NYSE:DIS) traded up 0.8485% during trading on Wednesday, hitting $92.9823. The company had a trading volume of 1,319,377 shares. The firm has a market capitalization of $149.43 billion, a P/E ratio of 16.7114 and a beta of 1.28. The company’s 50 day moving average is $94.45 and its 200 day moving average is $98.01. The Walt Disney has a 1-year low of $86.25 and a 1-year high of $120.65.
The Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 EPS for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.01. The business had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.16 billion. The Walt Disney had a return on equity of 19.98% and a net margin of 16.48%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.45 EPS. Analysts anticipate that The Walt Disney will post $5.79 earnings per share for the current fiscal year.
A number of institutional investors have recently made changes to their positions in DIS. Thomas J. Herzfeld Advisors Inc. bought a new stake in The Walt Disney during the second quarter valued at about $103,000. Balentine LLC raised its stake in The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock valued at $105,000 after buying an additional 845 shares during the last quarter. Krilogy Financial LLC raised its stake in The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock valued at $126,000 after buying an additional 61 shares during the last quarter. Cordasco Financial Network raised its stake in The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock valued at $147,000 after buying an additional 900 shares during the last quarter. Finally, Opera Trading Capital bought a new stake in The Walt Disney during the first quarter valued at about $158,000. 57.92% of the stock is owned by institutional investors.
About The Walt Disney
The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.
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