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.
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