Traders Buy Walt Disney Company (The) (DIS) on Weakness

Traders purchased shares of Walt Disney Company (The) (NYSE:DIS) on weakness during trading hours on Monday. $161.49 million flowed into the stock on the tick-up and $70.37 million flowed out of the stock on the tick-down, for a money net flow of $91.12 million into the stock. Of all companies tracked, Walt Disney Company (The) had the highest net in-flow for the day. Walt Disney Company (The) traded down ($0.69) for the day and closed at $102.75

A number of equities research analysts have recently issued reports on DIS shares. B. Riley reiterated a “neutral” rating on shares of Walt Disney Company (The) in a research note on Wednesday, November 1st. BMO Capital Markets restated an “underperform” rating and issued a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Loop Capital restated a “hold” rating and issued a $108.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Wells Fargo & Company restated a “market perform” rating and issued a $109.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Finally, Goldman Sachs Group, Inc. (The) set a $133.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $112.55.

The firm has a market cap of $158,590.00, a PE ratio of 18.15, a price-to-earnings-growth ratio of 2.20 and a beta of 1.37. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same quarter in the previous year, the business posted $1.10 EPS. The company’s revenue was down 2.8% on a year-over-year basis. equities analysts forecast that Walt Disney Company will post 6.24 EPS for the current year.

Several institutional investors have recently made changes to their positions in DIS. Lee Financial Co raised its stake in Walt Disney Company (The) by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after acquiring an additional 74 shares during the period. Legacy Advisors LLC bought a new stake in Walt Disney Company (The) in the 3rd quarter valued at $137,000. Malaga Cove Capital LLC bought a new stake in Walt Disney Company (The) in the 3rd quarter valued at $140,000. Wealthcare Advisory Partners LLC bought a new stake in Walt Disney Company (The) in the 3rd quarter valued at $142,000. Finally, Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) in the 1st quarter valued at $144,000. Institutional investors own 60.40% of the company’s stock.

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About Walt Disney Company (The)

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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