Brokerages Set The Walt Disney Company (NYSE:DIS) Price Target at $125.64

The Walt Disney Company (NYSE:DIS) has been assigned an average rating of “Moderate Buy” from the twenty-six ratings firms that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $125.64.

A number of analysts have recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Needham & Company LLC reissued a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Morgan Stanley boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Jefferies Financial Group began coverage on Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 target price on the stock. Finally, Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th.

Walt Disney Price Performance

NYSE:DIS opened at $99.51 on Friday. Walt Disney has a 12-month low of $83.91 and a 12-month high of $123.74. The firm has a market capitalization of $179.89 billion, a price-to-earnings ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The stock’s 50 day moving average price is $108.04 and its two-hundred day moving average price is $104.78. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

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, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, analysts anticipate that Walt Disney will post 5.47 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DIS. State Street Corp boosted its holdings in shares of Walt Disney by 0.6% in the 3rd quarter. State Street Corp now owns 77,596,191 shares of the entertainment giant’s stock valued at $7,463,978,000 after purchasing an additional 490,681 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Walt Disney by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant’s stock worth $4,272,590,000 after buying an additional 809,989 shares during the last quarter. FMR LLC boosted its stake in Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after buying an additional 2,765,389 shares in the last quarter. Northern Trust Corp grew its position in Walt Disney by 10.4% in the fourth quarter. Northern Trust Corp now owns 22,242,415 shares of the entertainment giant’s stock valued at $2,476,693,000 after acquiring an additional 2,096,431 shares during the last quarter. Finally, Norges Bank acquired a new position in Walt Disney during the fourth quarter worth about $2,415,427,000. 65.71% of the stock is owned by institutional investors.

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.