Analysts at Loop Capital started coverage on shares of Walt Disney (NYSE:DIS) in a report issued on Thursday. The firm set a “buy” rating and a $130.00 price target on the entertainment giant’s stock. Loop Capital’s price objective suggests a potential upside of 26.37% from the company’s current price.
A number of other research analysts also recently issued reports on the company. Zacks Investment Research downgraded Walt Disney from a “buy” rating to a “hold” rating in a report on Tuesday. Vetr downgraded Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 price target for the company. in a report on Tuesday, February 13th. BMO Capital Markets boosted their price target on Walt Disney from $90.00 to $95.00 and gave the company a “positive” rating in a report on Thursday, February 8th. Jefferies Group reissued a “hold” rating and issued a $112.00 price target on shares of Walt Disney in a report on Wednesday, February 7th. Finally, B. Riley boosted their price target on Walt Disney from $122.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Walt Disney presently has a consensus rating of “Buy” and an average price target of $119.40.
Walt Disney (NYSE:DIS) opened at $102.87 on Thursday. Walt Disney has a twelve month low of $96.20 and a twelve month high of $116.10. The stock has a market capitalization of $155,239.52, a P/E ratio of 14.59, a price-to-earnings-growth ratio of 1.76 and a beta of 1.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.80.
Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The company had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.47 billion. During the same period in the previous year, the company posted $1.55 earnings per share. Walt Disney’s revenue for the quarter was up 3.8% on a year-over-year basis. equities research analysts predict that Walt Disney will post 6.95 EPS for the current fiscal year.
In related news, Director Aylwin B. Lewis sold 1,797 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $108.39, for a total value of $194,776.83. Following the completion of the transaction, the director now directly owns 85,636 shares of the company’s stock, valued at approximately $9,282,086.04. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.38% of the stock is currently owned by corporate insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Avestar Capital LLC purchased a new stake in Walt Disney in the 4th quarter valued at $108,000. Icon Wealth Partners LLC purchased a new stake in Walt Disney in the 4th quarter valued at $116,000. Almanack Investment Partners LLC. purchased a new stake in Walt Disney in the 4th quarter valued at $118,000. Front Row Advisors LLC purchased a new stake in Walt Disney in the 4th quarter valued at $122,000. Finally, Legacy Advisors LLC purchased a new stake in Walt Disney in the 3rd quarter valued at $137,000. 62.63% of the stock is owned by hedge funds and other institutional investors.
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About Walt Disney
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.
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