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.

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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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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