Several other equities analysts have also issued reports on the stock. BMO Capital Markets boosted their target price on shares of Walt Disney from $109.00 to $114.00 and gave the company a market perform rating in a report on Thursday, February 7th. Credit Suisse Group restated a hold rating and issued a $114.00 target price on shares of Walt Disney in a report on Tuesday, January 22nd. Edward Jones upgraded shares of Walt Disney from a hold rating to a buy rating in a report on Wednesday, February 13th. Tigress Financial restated a buy rating on shares of Walt Disney in a report on Tuesday, February 12th. Finally, Cowen upgraded shares of Walt Disney from a market perform rating to an outperform rating and set a $115.90 target price on the stock in a report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have issued a buy rating to the stock. Walt Disney has an average rating of Buy and a consensus price target of $130.20.
DIS stock opened at $132.04 on Friday. The firm has a market capitalization of $193.89 billion, a P/E ratio of 18.65, a PEG ratio of 3.22 and a beta of 0.91. The company has a current ratio of 1.00, a quick ratio of 0.92 and a debt-to-equity ratio of 0.32. Walt Disney has a 12-month low of $97.68 and a 12-month high of $132.70.
Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. Walt Disney’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.89 earnings per share. Equities analysts anticipate that Walt Disney will post 6.88 earnings per share for the current fiscal year.
In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of Walt Disney stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $114.35, for a total value of $228,700.00. Following the completion of the sale, the executive vice president now directly owns 26,517 shares of the company’s stock, valued at $3,032,218.95. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Zenia B. Mucha sold 33,000 shares of Walt Disney stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,000 shares of company stock valued at $4,708,940. Insiders own 0.36% of the company’s stock.
Several large investors have recently bought and sold shares of DIS. Litman Gregory Asset Management LLC bought a new stake in shares of Walt Disney during the fourth quarter worth about $25,000. Crewe Advisors LLC increased its position in shares of Walt Disney by 55.6% during the fourth quarter. Crewe Advisors LLC now owns 280 shares of the entertainment giant’s stock worth $31,000 after acquiring an additional 100 shares in the last quarter. Stone House Investment Management LLC bought a new stake in shares of Walt Disney during the first quarter worth about $37,000. Clarfeld Financial Advisors LLC bought a new stake in Walt Disney in the 4th quarter worth about $42,000. Finally, Portfolio Solutions LLC bought a new stake in Walt Disney in the 4th quarter worth about $43,000. 64.61% of the stock is owned by institutional investors.
Walt Disney Company Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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