Walt Disney Company (The) (DIS) PT Lowered to $103.00

Walt Disney Company (The) (NYSE:DIS) had its price objective dropped by investment analysts at Loop Capital from $104.00 to $103.00 in a research note issued on Friday. The firm currently has a “hold” rating on the entertainment giant’s stock. Loop Capital’s target price points to a potential downside of 1.70% from the stock’s current price.

Other analysts have also recently issued reports about the company. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday, August 9th. Piper Jaffray Companies set a $130.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday, August 9th. BidaskClub upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Royal Bank Of Canada restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney Company (The) in a research report on Friday, July 14th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. Walt Disney Company (The) has an average rating of “Hold” and an average target price of $112.91.

Walt Disney Company (NYSE:DIS) opened at $104.78 on Friday. Walt Disney Company has a twelve month low of $95.78 and a twelve month high of $116.10. The stock has a market capitalization of $161,725.94, a P/E ratio of 18.38, a price-to-earnings-growth ratio of 2.26 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 posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.46%. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.10 earnings per share. equities research analysts predict that Walt Disney Company will post 6.26 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tdam USA Inc. increased its holdings in shares of Walt Disney Company (The) by 4.1% in the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after acquiring an additional 7,785 shares during the last quarter. State Treasurer State of Michigan increased its holdings in shares of Walt Disney Company (The) by 73.3% in the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after acquiring an additional 573,000 shares during the last quarter. Walter & Keenan Financial Consulting Co. MI ADV increased its holdings in shares of Walt Disney Company (The) by 7.9% in the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after acquiring an additional 1,800 shares during the last quarter. Mutual of America Capital Management LLC increased its holdings in shares of Walt Disney Company (The) by 1.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after acquiring an additional 2,351 shares during the last quarter. Finally, Connecticut Wealth Management LLC increased its holdings in shares of Walt Disney Company (The) by 1.4% in the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after acquiring an additional 42 shares during the last quarter. Institutional investors and hedge funds own 61.37% of the company’s stock.

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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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