Walt Disney (NYSE:DIS) Price Target Raised to $229.00 at Tigress Financial

Walt Disney (NYSE:DIS) had its price objective boosted by Tigress Financial from $227.00 to $229.00 in a report released on Thursday, Analyst Price Targets reports. The firm currently has a buy rating on the entertainment giant’s stock.

A number of other equities analysts have also weighed in on the stock. Citigroup reduced their target price on shares of Walt Disney from $230.00 to $210.00 and set a buy rating for the company in a research note on Tuesday, November 16th. Wells Fargo & Company reduced their target price on shares of Walt Disney from $203.00 to $196.00 and set an overweight rating for the company in a research note on Monday, November 22nd. BMO Capital Markets reduced their target price on shares of Walt Disney from $195.00 to $180.00 and set a market perform rating for the company in a research note on Thursday, November 11th. Zacks Investment Research lowered shares of Walt Disney from a hold rating to a strong sell rating and set a $128.00 target price for the company. in a research note on Tuesday, December 14th. Finally, Daiwa Capital Markets started coverage on shares of Walt Disney in a research note on Tuesday, September 21st. They set a buy rating and a $225.00 price objective for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-two have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of Buy and a consensus target price of $196.93.

Shares of DIS traded down $5.55 during trading hours on Thursday, reaching $149.89. The stock had a trading volume of 454,673 shares, compared to its average volume of 9,359,189. The company has a quick ratio of 1.04, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. Walt Disney has a 52 week low of $142.04 and a 52 week high of $203.02. The firm has a 50-day moving average of $154.81 and a 200 day moving average of $169.05. The company has a market cap of $272.45 billion, a P/E ratio of 142.61, a P/E/G ratio of 1.65 and a beta of 1.19.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, November 10th. The entertainment giant reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.13). The firm had revenue of $18.53 billion during the quarter, compared to the consensus estimate of $18.85 billion. Walt Disney had a net margin of 2.96% and a return on equity of 4.86%. During the same quarter in the prior year, the company earned ($0.20) EPS. As a group, equities analysts expect that Walt Disney will post 4.21 earnings per share for the current year.

In other news, EVP Brent Woodford sold 2,868 shares of the stock in a transaction that occurred on Tuesday, January 4th. The stock was sold at an average price of $158.89, for a total transaction of $455,696.52. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.25% of the stock is currently owned by company insiders.

A number of institutional investors have recently bought and sold shares of DIS. GeoWealth Management LLC bought a new position in Walt Disney during the 3rd quarter worth $25,000. Core Alternative Capital bought a new position in Walt Disney during the 3rd quarter worth $28,000. Penserra Capital Management LLC bought a new position in Walt Disney during the 2nd quarter worth $29,000. Financial Insights Inc. bought a new position in Walt Disney during the 2nd quarter worth $37,000. Finally, Financial Enhancement Group LLC increased its stake in Walt Disney by 260.6% during the 2nd quarter. Financial Enhancement Group LLC now owns 238 shares of the entertainment giant’s stock worth $42,000 after acquiring an additional 172 shares during the period. Hedge funds and other institutional investors own 63.93% of the company’s stock.

About Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

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Analyst Recommendations for Walt Disney (NYSE:DIS)

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