Goldman Sachs Group, Inc. (The) Raises Walt Disney Company (The) (DIS) Price Target to $120.00
Walt Disney Company (The) (NYSE:DIS) had its price objective hoisted by Goldman Sachs Group, Inc. (The) from $115.00 to $120.00 in a research note issued to investors on Friday morning, MarketBeat Ratings reports. Goldman Sachs Group, Inc. (The) currently has a buy rating on the entertainment giant’s stock.
DIS has been the subject of a number of other research reports. BidaskClub raised Walt Disney Company (The) from a sell rating to a hold rating in a report on Monday, July 24th. Zacks Investment Research raised Walt Disney Company (The) from a sell rating to a hold rating in a report on Friday, November 3rd. Piper Jaffray Companies set a $130.00 target price on Walt Disney Company (The) and gave the stock a buy rating in a report on Tuesday, August 22nd. Vetr raised Walt Disney Company (The) from a buy rating to a strong-buy rating and set a $110.51 target price for the company in a report on Wednesday, October 11th. Finally, Barclays PLC dropped their price target on Walt Disney Company (The) from $98.00 to $94.00 and set an equal weight rating on the stock in a research note on Friday, October 13th. Four investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seventeen have given a buy rating to the stock. Walt Disney Company (The) currently has a consensus rating of Hold and an average price target of $112.79.
Walt Disney Company (DIS) traded up $2.10 during trading on Friday, hitting $104.78. The company’s stock had a trading volume of 16,701,500 shares, compared to its average volume of 7,198,479. The company has a market cap of $161,730.00, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 2.30 and a beta of 1.37. Walt Disney Company has a twelve month low of $95.78 and a twelve month high of $116.10. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.
Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 EPS. research analysts expect that Walt Disney Company will post 6.26 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of DIS. Lee Financial Co increased its stake 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 worth $112,000 after acquiring an additional 74 shares during the last quarter. Legacy Advisors LLC bought a new stake in Walt Disney Company (The) during the third quarter worth approximately $137,000. Malaga Cove Capital LLC bought a new stake in Walt Disney Company (The) during the third quarter worth approximately $140,000. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) during the first quarter worth approximately $144,000. Finally, Krilogy Financial LLC boosted its position in shares of 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. 61.06% of the stock is currently owned by institutional investors.
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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