The Walt Disney Company (NYSE:DIS) Given Average Rating of “Moderate Buy” by Analysts

Shares of The Walt Disney Company (NYSE:DIS) have received an average recommendation of “Moderate Buy” from the twenty-two analysts that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $118.05.

DIS has been the topic of a number of research analyst reports. Evercore ISI reduced their target price on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Bank of America decreased their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Macquarie cut their target price on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 19th.

Insider Transactions at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald bought 11,756 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were bought at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. This trade represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Institutional Trading of Walt Disney

Several large investors have recently made changes to their positions in the company. ESL Trust Services LLC bought a new stake in shares of Walt Disney during the first quarter valued at approximately $31,000. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the 2nd quarter valued at $32,000. Red Tortoise LLC raised its holdings in Walt Disney by 141.4% during the first quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock worth $45,000 after buying an additional 215 shares during the last quarter. O Brien Wealth Partners LLC acquired a new position in shares of Walt Disney during the first quarter valued at about $51,000. Finally, Mascoma Wealth Management LLC increased its position in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of NYSE DIS opened at $96.20 on Tuesday. The stock has a market capitalization of $175.38 billion, a PE ratio of 104.57, a P/E/G ratio of 1.49 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The business has a fifty day moving average price of $92.72 and a two-hundred day moving average price of $97.84. Walt Disney has a fifty-two week low of $79.53 and a fifty-two week high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.03 EPS. As a group, equities analysts predict that Walt Disney will post 4.92 earnings per share for the current fiscal year.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.