B. Riley Reiterates “Hold” Rating for Walt Disney Company (The) (DIS)

Walt Disney Company (The) (NYSE:DIS)‘s stock had its “hold” rating reiterated by analysts at B. Riley in a research note issued on Friday. They currently have a $101.00 price objective on the entertainment giant’s stock, up from their prior price objective of $97.00. B. Riley’s price target would indicate a potential downside of 3.61% from the company’s current price. B. Riley also issued estimates for Walt Disney Company (The)’s Q2 2018 earnings at $1.54 EPS, Q3 2018 earnings at $1.79 EPS, FY2018 earnings at $5.95 EPS, FY2019 earnings at $6.28 EPS and FY2020 earnings at $6.80 EPS.

A number of other brokerages have also recently weighed in on DIS. Vetr cut Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price objective for the company. in a research note on Thursday, July 27th. BidaskClub raised Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Credit Suisse Group reaffirmed an “outperform” rating and issued a $125.00 price objective on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $110.00 price objective on shares of Walt Disney Company (The) in a research note on Wednesday, August 9th. Four equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $112.91.

Shares of Walt Disney Company (NYSE DIS) opened at $104.78 on Friday. Walt Disney Company has a 1 year low of $95.78 and a 1 year high of $116.10. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $161,725.94, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 2.26 and a beta of 1.37.

Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.46%. The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. Walt Disney Company (The)’s revenue for the quarter was down 2.8% compared to the same quarter last year. equities research analysts expect that Walt Disney Company will post 6.26 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another site, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this story can be read at https://www.dispatchtribunal.com/2017/11/12/b-riley-reiterates-hold-rating-for-walt-disney-company-the-dis.html.

Several institutional investors have recently modified their holdings of DIS. Moloney Securities Asset Management LLC lifted its stake in shares of Walt Disney Company (The) by 3.2% during the 1st quarter. Moloney Securities Asset Management LLC now owns 16,171 shares of the entertainment giant’s stock worth $1,834,000 after purchasing an additional 496 shares during the period. Whittier Trust Co. lifted its stake in shares of Walt Disney Company (The) by 15.6% during the 1st quarter. Whittier Trust Co. now owns 252,155 shares of the entertainment giant’s stock worth $28,591,000 after purchasing an additional 34,101 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Walt Disney Company (The) by 3.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 119,019 shares of the entertainment giant’s stock worth $13,496,000 after purchasing an additional 4,417 shares during the period. Hennessy Advisors Inc. purchased a new position in shares of Walt Disney Company (The) during the 1st quarter worth $2,177,000. Finally, Capital Advisors Inc. OK raised its position in shares of Walt Disney Company (The) by 8.9% in the 1st quarter. Capital Advisors Inc. OK now owns 119,751 shares of the entertainment giant’s stock worth $13,579,000 after buying an additional 9,743 shares during the period. 61.37% of the stock is currently owned by institutional investors.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply