The Walt Disney Company (NYSE:DIS - Get Free Report)'s share price traded down 0.2% during mid-day trading on Friday . The company traded as low as $89.07 and last traded at $89.81. 1,593,733 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 10,065,443 shares. The stock had previously closed at $90.01.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on DIS. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Morgan Stanley increased their target price on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and lifted their target price for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Prescient Securities reduced their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $123.75.
Check Out Our Latest Stock Analysis on DIS
Walt Disney Trading Up 0.2 %
The business's 50-day moving average price is $97.01 and its 200-day moving average price is $104.17. The firm has a market capitalization of $163.12 billion, a PE ratio of 29.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.
Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping 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%. As a group, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Institutional Trading of Walt Disney
Hedge funds have recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney during the 4th quarter worth approximately $27,000. Kessler Investment Group LLC grew its holdings in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after acquiring an additional 200 shares during the period. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the fourth quarter worth $28,000. Tacita Capital Inc lifted its holdings in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after acquiring an additional 124 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Walt Disney during the 4th quarter worth $32,000. Institutional investors and hedge funds own 65.71% of the company's stock.
About Walt Disney
(
Get Free Report)
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.
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