Equities research analysts predict that Walt Disney Company (The) (NYSE:DIS) will report earnings of $1.21 per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Walt Disney Company (The)’s earnings, with the highest EPS estimate coming in at $1.35 and the lowest estimate coming in at $1.09. Walt Disney Company (The) reported earnings of $1.10 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 10%. The business is expected to announce its next earnings results on Thursday, November 9th.

According to Zacks, analysts expect that Walt Disney Company (The) will report full-year earnings of $5.82 per share for the current year, with EPS estimates ranging from $5.72 to $5.90. For the next financial year, analysts expect that the business will report earnings of $6.48 per share, with EPS estimates ranging from $6.15 to $6.82. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Walt Disney Company (The).

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the company posted $1.62 EPS.

DIS has been the subject of several recent research reports. Goldman Sachs Group, Inc. (The) set a $134.00 target price on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Saturday, May 20th. Royal Bank Of Canada set a $130.00 target price on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Monday, June 12th. Moffett Nathanson reiterated a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Credit Suisse Group reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney Company (The) in a report on Sunday, May 28th. Finally, Guggenheim reiterated a “buy” rating and set a $122.00 target price (down from $128.00) on shares of Walt Disney Company (The) in a report on Wednesday, July 12th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $113.98.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction dated Thursday, August 10th. The shares were purchased at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the purchase, the director now directly owns 7,513 shares of the company’s stock, valued at $768,880.42. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.38% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Vantage Financial Partners Ltd. Inc. acquired a new stake in shares of Walt Disney Company (The) in the second quarter worth $925,000. Lee Financial Co grew its position in Walt Disney Company (The) by 7.6% during the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after buying an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Walt Disney Company (The) during the first quarter valued at $144,000. Krilogy Financial LLC grew its position in Walt Disney Company (The) by 13.2% during the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after buying an additional 166 shares during the period. Finally, BDO Wealth Advisors LLC acquired a new stake in Walt Disney Company (The) during the second quarter valued at $153,000. Hedge funds and other institutional investors own 61.48% of the company’s stock.

Shares of Walt Disney Company (NYSE:DIS) traded down 0.86% during mid-day trading on Monday, reaching $97.97. The company’s stock had a trading volume of 3,033,375 shares. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The company has a market cap of $151.21 billion, a P/E ratio of 17.38 and a beta of 1.42. The company has a 50-day moving average of $103.38 and a 200-day moving average of $107.89.

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.

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Earnings History and Estimates for Walt Disney Company (The) (NYSE:DIS)

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