Other equities analysts also recently issued reports about the stock. Morgan Stanley reissued a hold rating on shares of The Walt Disney in a research note on Sunday, July 17th. Royal Bank Of Canada reaffirmed a hold rating on shares of The Walt Disney in a research note on Monday, June 27th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a $118.00 target price on shares of The Walt Disney in a research note on Saturday, August 13th. Sanford C. Bernstein reaffirmed a market perform rating on shares of The Walt Disney in a research note on Friday, June 17th. Finally, Wells Fargo & Co. reaffirmed a hold rating and set a $100.00 target price on shares of The Walt Disney in a research note on Friday, June 10th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $109.71.
Shares of The Walt Disney (NYSE:DIS) opened at 91.80 on Tuesday. The Walt Disney has a 12-month low of $86.25 and a 12-month high of $120.65. The company has a market cap of $147.53 billion, a PE ratio of 16.50 and a beta of 1.28. The company has a 50 day moving average of $94.28 and a 200-day moving average of $97.96.
The Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.01. The Walt Disney had a net margin of 16.48% and a return on equity of 19.98%. The company earned $14.20 billion during the quarter, compared to the consensus estimate of $14.16 billion. During the same period in the prior year, the firm earned $1.45 earnings per share. The Walt Disney’s revenue was up 9.0% on a year-over-year basis. Equities research analysts anticipate that The Walt Disney will post $5.79 earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in DIS. Thomas J. Herzfeld Advisors Inc. bought a new stake in The Walt Disney during the second quarter valued at about $103,000. Balentine LLC raised its stake in The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock valued at $105,000 after buying an additional 845 shares in the last quarter. Krilogy Financial LLC raised its stake in The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock valued at $126,000 after buying an additional 61 shares in the last quarter. Cordasco Financial Network raised its stake in The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock valued at $147,000 after buying an additional 900 shares in the last quarter. Finally, Opera Trading Capital acquired a new stake in The Walt Disney during the first quarter valued at approximately $158,000. 57.92% of the stock is owned by institutional investors.
The Walt Disney Company Profile
The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.
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