Walt Disney (NYSE:DIS – Get Rating) The Fly reported in a report issued Wednesday that Macquarie equity research analysts lowered the price target from $120.00 to $110.00. Macquarie’s stock price target shows his 23.64% upside from the current stock price.
Several other equity analysts have also recently published reports on DIS. Barclays lowered its price target for Walt Disney from $105.00 to $98.00 for Walt Disney in a research report on Wednesday, November 9, giving the stock an “equal-weighted” rating. Cowen lowered Walt Disney’s target price from his $124.00 to his $94.00 in a report on Wednesday, November 9. UBS Group lowered its price target for Walt Disney from $135.00 to $122.00 in a research note on Wednesday, November 9. Credit Suisse Group lowered its price target for Walt Disney from $157.00 to $126.00 in its Wednesday, November 9 report, setting the company’s rating at “Outperform.” Finally, in his Monday, November 21 research notes, Moffett Nathanson upgraded Walt Disney’s stock from a “market perform” rating to an “outperform” rating and set a price target of $120.00. One analyst gave a sell rating, three analysts assigned a hold rating, and 18 analysts issued a buy rating for the company. According to MarketBeat.com, the company’s current average rating is “moderate buy” with a consensus price target of $128.93.
Walt Disney price performance
DIS shares opened Wednesday at $88.97. The company has a debt to equity ratio of 0.46, a current ratio of 1.00 and a quick ratio of 0.94. His 50-day moving average price for this stock is $94.35 and its 200-day moving average price is $100.71. The company has a market capitalization of $162.24 billion, a P/E ratio of 51.73, a PEG ratio of 1.74 and a beta of 1.22. Walt Disney has a 12-month low of $84.07 and a 12-month high of $160.32.
Walt Disney (NYSE:DIS – Get Rating) last reported quarterly results on Tuesday, November 8. The entertainment giant reported his earnings per share (EPS) of $0.30 for the quarter, missing analysts’ consensus expectations of his $0.50 ($0.20). Earnings for the business for the quarter he said were $20.15 billion, while analyst estimates were $21.10 billion. Walt Disney’s return on equity was 6.96% and net income margin was 3.80%. On average, research analysts expect Walt Disney to earn his earnings per share this year at 4.05.
institution inflow and outflow
Many institutional investors have recently changed their stock holdings. LVM Capital Management Ltd. MI raised his position in Walt Disney stock by 3.2% in the fourth quarter. After acquiring an additional 1,526 shares during this period, LVM Capital Management Ltd. MI now owns 49,897 shares in the entertainment giant valued at $4,335,000. Somerset Trust Co increased Walt Disney stock by 4.1% in the fourth quarter. Somerset Trust Co now owns 3,755 shares of the entertainment giant worth $326,000 after purchasing an additional 149 shares last quarter. Cacti Asset Management LLC increased its Walt Disney stock by 0.6% in the fourth quarter. Cacti Asset Management LLC now owns 488,857 shares of the entertainment giant valued at $42,472,000 after purchasing an additional 2,850 shares last quarter. Perigon Wealth Management LLC increased its Walt Disney stock by 3.6% in the third quarter. Perigon Wealth Management LLC now owns 62,434 shares of the entertainment giant valued at $5,889,000 after purchasing an additional 2,146 shares last quarter. Finally, Houlihan Financial Resource Group Ltd. purchased new Walt Disney stock worth $367,000 in the third quarter. Institutional investors and hedge funds own 62.22% of the company’s shares.
About Walt Disney
The Walt Disney Company, along with its subsidiaries, operates as an entertainment company around the world. It operates through his two segments, Disney Media and Entertainment Distribution. and Disney Parks, Experiences, and Products. The company is engaged in the production and distribution of motion picture and episodic television content and operates television networks with ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic and Star Brands. A studio that makes films under the banners of Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar and Searchlight Pictures.
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