The Walt Disney Company (NYSE:DIS) Receives $125.13 Consensus PT from Brokerages

The Walt Disney Company (NYSE:DIS - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty-four ratings firms that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $124.48.

A number of equities research analysts have recently commented on the stock. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and upped their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Barclays lowered their price objective on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Needham & Company LLC restated a "buy" rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Finally, Rosenblatt Securities restated a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th.

Walt Disney Stock Up 2.4 %

NYSE DIS traded up $1.98 during trading hours on Tuesday, hitting $84.75. 14,724,780 shares of the company were exchanged, compared to its average volume of 10,024,216. The firm has a market cap of $153.21 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. The company has a 50 day moving average of $99.72 and a two-hundred day moving average of $104.39. Walt Disney has a 52-week low of $80.10 and a 52-week high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities research analysts anticipate that Walt Disney will post 5.47 earnings per share for the current year.

Institutional Trading of Walt Disney

Institutional investors have recently added to or reduced their stakes in the stock. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney during the 4th quarter valued at approximately $27,000. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $28,000. Tacita Capital Inc grew its stake in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in Walt Disney in the fourth quarter valued at $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at $34,000. 65.71% of the stock is owned by institutional investors and hedge funds.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.