The Walt Disney Company (NYSE:DIS) Given Average Rating of “Moderate Buy” by Analysts

The Walt Disney Company (NYSE:DIS) has received a consensus recommendation of “Moderate Buy” from the twenty-five brokerages that are covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $123.96.

DIS has been the subject of several research analyst reports. Morgan Stanley raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. UBS Group lowered their target price on Walt Disney from $130.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Finally, Loop Capital upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th.

Hedge Funds Weigh In On Walt Disney

A number of hedge funds and other institutional investors have recently modified their holdings of DIS. Citizens & Northern Corp lifted its holdings in Walt Disney by 9.7% during the first quarter. Citizens & Northern Corp now owns 12,876 shares of the entertainment giant’s stock worth $1,271,000 after buying an additional 1,134 shares during the period. Abundance Wealth Counselors lifted its stake in shares of Walt Disney by 2.7% during the 1st quarter. Abundance Wealth Counselors now owns 9,925 shares of the entertainment giant’s stock worth $1,004,000 after purchasing an additional 263 shares during the last quarter. Walter & Keenan Wealth Management LLC IN ADV boosted its position in Walt Disney by 3.3% during the first quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 9,671 shares of the entertainment giant’s stock valued at $954,000 after purchasing an additional 309 shares in the last quarter. CLG LLC grew its stake in Walt Disney by 8.3% in the first quarter. CLG LLC now owns 3,283 shares of the entertainment giant’s stock valued at $324,000 after purchasing an additional 251 shares during the last quarter. Finally, Autumn Glory Partners LLC lifted its position in shares of Walt Disney by 1.9% during the first quarter. Autumn Glory Partners LLC now owns 34,209 shares of the entertainment giant’s stock valued at $3,173,000 after buying an additional 642 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 1.0 %

Shares of Walt Disney stock opened at $83.93 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a fifty day moving average of $98.73 and a 200 day moving average of $104.38. The company has a market capitalization of $151.73 billion, a P/E ratio of 27.34, a P/E/G ratio of 1.80 and a beta of 1.44. Walt Disney has a fifty-two week low of $80.10 and a fifty-two week high of $118.63.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, sell-side 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.