The Walt Disney Company (NYSE:DIS) Receives $126.29 Average PT from Analysts

Shares of The Walt Disney Company (NYSE:DIS) have been assigned an average recommendation of “Moderate Buy” from the twenty-five brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-two have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $126.29.

DIS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Argus raised their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Loop Capital lifted their price target on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, May 6th. JPMorgan Chase & Co. started coverage on Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 price target for the company. Finally, Guggenheim lifted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd.

Insider Transactions at Walt Disney

In other news, Director James P. Gorman purchased 20,000 shares of the stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James P. Gorman bought 20,000 shares of Walt Disney stock in a transaction on Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Walt Disney

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DIS. Planned Solutions Inc. purchased a new stake in Walt Disney in the fourth quarter valued at $26,000. Gold Investment Management Ltd. purchased a new stake in Walt Disney during the 4th quarter worth about $28,000. Fortis Group Advisors LLC purchased a new stake in Walt Disney during the 3rd quarter worth about $30,000. Stone House Investment Management LLC increased its holdings in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after purchasing an additional 270 shares during the period. Finally, ESL Trust Services LLC purchased a new stake in Walt Disney during the 1st quarter worth about $31,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 0.4 %

Shares of NYSE:DIS opened at $102.20 on Wednesday. Walt Disney has a 52-week low of $78.73 and a 52-week high of $123.74. The stock has a market cap of $186.31 billion, a price-to-earnings ratio of 111.09, a PEG ratio of 1.26 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average price of $105.90 and a 200-day moving average price of $104.23.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. During the same period last year, the business posted $0.93 earnings per share. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. Equities analysts predict that Walt Disney will post 4.75 EPS 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.