The Walt Disney Company (NYSE:DIS - Get Free Report)'s stock price dropped 0.1% during trading on Wednesday . The company traded as low as $96.45 and last traded at $97.61. Approximately 1,439,395 shares changed hands during trading, a decline of 85% from the average daily volume of 9,778,696 shares. The stock had previously closed at $97.68.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. Rosenblatt Securities reissued a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Citigroup reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. The Goldman Sachs Group lifted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Finally, Morgan Stanley boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $125.33.
Check Out Our Latest Research Report on Walt Disney
Walt Disney Stock Performance
The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market cap of $160.30 billion, a P/E ratio of 28.88, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The firm's 50-day moving average is $106.26 and its two-hundred day moving average is $105.26.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates 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, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.
Institutional Trading of Walt Disney
Institutional investors and hedge funds have recently made changes to their positions in the stock. Brookstone Capital Management grew its holdings in Walt Disney by 10.5% during the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after purchasing an additional 13,339 shares during the last quarter. Greystone Financial Group LLC boosted its holdings in shares of Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after buying an additional 9,967 shares during the period. Avanza Fonder AB acquired a new position in Walt Disney in the 4th quarter valued at $15,125,000. Swedbank AB raised its holdings in Walt Disney by 14.4% in the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant's stock worth $374,336,000 after acquiring an additional 422,339 shares during the period. Finally, FourThought Financial Partners LLC acquired a new position in Walt Disney during the 4th quarter worth $446,000. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Company Profile
(
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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