Walt Disney Company (The)’s (NYSE:DIS) Buy Rating Reiterated at Citigroup Inc.

Citigroup Inc. reiterated their buy rating on shares of Walt Disney Company (The) (NYSE:DIS) in a research note released on Wednesday, November 1st. Citigroup Inc. currently has a $119.00 target price on the entertainment giant’s stock.

DIS has been the subject of several other reports. Guggenheim reaffirmed a buy rating and issued a $122.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, September 5th. Jefferies Group LLC reaffirmed a hold rating and issued a $103.00 price target (down from $110.00) on shares of Walt Disney Company (The) in a research note on Friday, October 6th. BidaskClub downgraded shares of Walt Disney Company (The) from a buy rating to a hold rating in a research note on Wednesday, August 9th. BTIG Research reaffirmed a sell rating on shares of Walt Disney Company (The) in a research note on Monday, September 25th. Finally, Sanford C. Bernstein reiterated a market perform rating on shares of Walt Disney Company (The) in a report on Tuesday, September 12th. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $112.76.

Walt Disney Company (NYSE DIS) traded up $2.10 during mid-day trading on Wednesday, hitting $104.78. 16,700,100 shares of the stock traded hands, compared to its average volume of 7,198,479. Walt Disney Company has a 12-month low of $95.78 and a 12-month high of $116.10. The company has a market capitalization of $158,484.63, a P/E ratio of 18.01, a P/E/G ratio of 2.22 and a beta of 1.37. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.00 and a quick ratio of 0.93.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney Company (The) had a return on equity of 19.46% and a net margin of 16.29%. The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the prior year, the business earned $1.10 EPS. Walt Disney Company (The)’s quarterly revenue was down 2.8% on a year-over-year basis. sell-side analysts expect that Walt Disney Company will post 6.36 earnings per share for the current year.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Lee Financial Co raised its stake in Walt Disney Company (The) by 7.6% during the 2nd 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 period. Legacy Advisors LLC bought a new stake in Walt Disney Company (The) during the 3rd quarter worth approximately $137,000. Malaga Cove Capital LLC bought a new stake in Walt Disney Company (The) during the 3rd quarter worth approximately $140,000. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) during the 1st quarter worth approximately $144,000. Finally, Krilogy Financial LLC raised its stake in Walt Disney Company (The) by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after acquiring an additional 166 shares during the period. 61.37% 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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