The Walt Disney Company (NYSE:DIS) Receives $125.64 Average Target Price from Analysts

The Walt Disney Company (NYSE:DIS) has been given a consensus rating of “Moderate Buy” by the twenty-six brokerages that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation, eighteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $125.64.

Several research firms have recently issued reports on DIS. Loop Capital raised their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. The Goldman Sachs Group boosted their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Finally, Morgan Stanley boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th.

Hedge Funds Weigh In On Walt Disney

Several hedge funds have recently made changes to their positions in the business. United Bank increased its position in shares of Walt Disney by 6.2% in the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after acquiring an additional 712 shares during the last quarter. Quest Partners LLC increased its position in shares of Walt Disney by 198.6% during the 3rd quarter. Quest Partners LLC now owns 10,916 shares of the entertainment giant’s stock worth $1,050,000 after purchasing an additional 7,260 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in shares of Walt Disney during the 3rd quarter worth approximately $101,000. Advisors Asset Management Inc. raised its stake in shares of Walt Disney by 7.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 29,384 shares of the entertainment giant’s stock worth $2,826,000 after purchasing an additional 2,110 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Walt Disney in the 3rd quarter valued at approximately $176,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $99.51 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74. The stock has a market capitalization of $179.89 billion, a P/E ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The business has a 50-day moving average price of $108.04 and a two-hundred day moving average price of $104.78.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities analysts predict that Walt Disney will post 5.47 earnings per share for the current 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.