Walt Disney Company (The) (DIS) Earns Hold Rating from Jefferies Group LLC

Jefferies Group LLC reiterated their hold rating on shares of Walt Disney Company (The) (NYSE:DIS) in a research report report published on Friday morning. The firm currently has a $103.77 price objective on the entertainment giant’s stock, up from their prior price objective of $102.68. Jefferies Group also issued estimates for Walt Disney Company (The)’s Q1 2018 earnings at $1.55 EPS, Q4 2018 earnings at $1.23 EPS, FY2018 earnings at $6.19 EPS and FY2019 earnings at $6.37 EPS.

Other research analysts also recently issued reports about the stock. BMO Capital Markets restated an underperform rating and issued a $90.00 price target (down from $95.00) on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. FBR & Co restated a hold rating and issued a $97.00 price target on shares of Walt Disney Company (The) in a research report on Friday, September 8th. B. Riley restated a neutral rating on shares of Walt Disney Company (The) in a research report on Wednesday, November 1st. BidaskClub cut shares of Walt Disney Company (The) from a buy rating to a hold rating in a report on Wednesday, August 9th. Finally, Credit Suisse Group reaffirmed an outperform rating and issued a $125.00 price objective on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. Four research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Walt Disney Company (The) currently has a consensus rating of Hold and an average target price of $112.79.

Walt Disney Company (NYSE DIS) traded up $2.10 during midday trading on Friday, reaching $104.78. 16,701,500 shares of the company’s stock were exchanged, 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 quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The company has a market cap of $161,730.00, a P/E ratio of 18.38, a price-to-earnings-growth ratio of 2.30 and a beta of 1.37.

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). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same quarter last year, the company earned $1.10 earnings per share. The company’s revenue was down 2.8% compared to the same quarter last year. research analysts predict that Walt Disney Company will post 6.26 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of the business. Lee Financial Co boosted its stake in shares of 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 purchasing an additional 74 shares in the last quarter. Legacy Advisors LLC acquired a new stake in shares of Walt Disney Company (The) in the 3rd quarter valued at $137,000. Malaga Cove Capital LLC acquired a new stake in shares of Walt Disney Company (The) in the 3rd quarter valued at $140,000. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Walt Disney Company (The) in the 1st quarter valued at $144,000. Finally, Krilogy Financial LLC boosted its stake in shares of Walt Disney Company (The) by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 61.06% 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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