Piper Jaffray Companies Analysts Give Walt Disney (DIS) a $125.00 Price Target
A number of other equities analysts have also commented on DIS. B. Riley reaffirmed a neutral rating on shares of Walt Disney in a report on Wednesday, November 1st. Rosenblatt Securities reaffirmed a hold rating and issued a $110.00 price target on shares of Walt Disney in a report on Thursday, September 28th. Citigroup reaffirmed a neutral rating on shares of Walt Disney in a report on Thursday, September 28th. Jefferies Group reissued a hold rating and set a $103.00 price objective (down previously from $110.00) on shares of Walt Disney in a research note on Friday, October 6th. Finally, Wells Fargo & Company reissued a buy rating and set a $116.00 price objective on shares of Walt Disney in a research note on Wednesday, September 20th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and seventeen have issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $113.44.
Walt Disney (NYSE:DIS) opened at $111.27 on Friday. Walt Disney has a twelve month low of $96.20 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. The firm has a market capitalization of $168,052.41, a price-to-earnings ratio of 19.52, a price-to-earnings-growth ratio of 2.37 and a beta of 1.38.
Walt Disney (NYSE:DIS) last posted its quarterly 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). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the previous year, the business earned $1.10 earnings per share. Walt Disney’s revenue was down 2.8% on a year-over-year basis. equities research analysts predict that Walt Disney will post 6.23 EPS for the current year.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio is currently 29.53%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in DIS. Tdam USA Inc. increased its holdings in Walt Disney by 4.1% during the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after purchasing an additional 7,785 shares during the period. State Treasurer State of Michigan increased its holdings in Walt Disney by 73.3% during the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after purchasing an additional 573,000 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV increased its holdings in Walt Disney by 7.9% during the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after purchasing an additional 1,800 shares during the period. Mutual of America Capital Management LLC increased its holdings in Walt Disney by 1.4% during the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after purchasing an additional 2,351 shares during the period. Finally, Connecticut Wealth Management LLC increased its holdings in Walt Disney by 1.4% during the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after purchasing an additional 42 shares during the period. Hedge funds and other institutional investors own 61.51% of the company’s stock.
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Walt Disney 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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