Brokerages Set The Walt Disney Company (NYSE:DIS) Price Target at $135.20

The Walt Disney Company (NYSE:DISGet Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nineteen have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $135.20.

A number of research analysts have recently issued reports on the company. Phillip Securities raised Walt Disney to a “moderate buy” rating in a research note on Monday, January 12th. UBS Group reissued a “buy” rating and issued a $138.00 price target on shares of Walt Disney in a research note on Friday, November 14th. Citigroup cut their price target on Walt Disney from $145.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, KeyCorp reissued a “sector weight” rating on shares of Walt Disney in a research note on Friday, November 14th.

Check Out Our Latest Stock Report on DIS

Walt Disney Trading Up 2.6%

NYSE:DIS opened at $113.22 on Thursday. Walt Disney has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.65 and a current ratio of 0.71. The firm’s fifty day moving average is $109.82 and its 200-day moving average is $113.63. The firm has a market cap of $202.13 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.54 and a beta of 1.44.

Walt Disney (NYSE:DISGet Free Report) last released its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.08. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The business had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. Walt Disney’s revenue for the quarter was down .5% on a year-over-year basis. Equities analysts expect that Walt Disney will post 5.47 earnings per share for the current year.

Walt Disney Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be given a $0.75 dividend. This represents a yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s payout ratio is presently 21.87%.

Walt Disney News Summary

Here are the key news stories impacting Walt Disney this week:

Institutional Investors Weigh In On Walt Disney

Hedge funds have recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. grew its position in Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after purchasing an additional 94 shares during the period. Copeland Capital Management LLC bought a new position in shares of Walt Disney in the third quarter valued at $25,000. Strengthening Families & Communities LLC acquired a new position in shares of Walt Disney during the third quarter valued at about $29,000. JPL Wealth Management LLC bought a new stake in shares of Walt Disney during the third quarter worth about $30,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney during the third quarter worth about $33,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

About Walt Disney

(Get Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

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Analyst Recommendations for Walt Disney (NYSE:DIS)

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