Walt Disney Company (The) (NYSE:DIS)‘s stock had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co in a report released on Monday. They presently have a $125.00 target price on the entertainment giant’s stock, down from their prior target price of $130.00. J P Morgan Chase & Co’s target price suggests a potential upside of 28.77% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Bank of America Corporation set a $125.00 price target on Walt Disney Company (The) and gave the stock a “hold” rating in a research note on Saturday, June 24th. BMO Capital Markets reissued an “underperform” rating and issued a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. FBR & Co reissued a “hold” rating and issued a $97.00 price target on shares of Walt Disney Company (The) in a research note on Friday. Guggenheim reissued a “buy” rating and issued a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $113.98.

Shares of Walt Disney Company (NYSE DIS) traded up 0.003% during midday trading on Monday, reaching $97.073. 5,940,270 shares of the company were exchanged. The firm’s 50 day moving average is $103.83 and its 200-day moving average is $108.07. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The company has a market capitalization of $149.83 billion, a PE ratio of 17.218 and a beta of 1.42.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same period in the previous year, the business earned $1.62 earnings per share. Walt Disney Company (The)’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities analysts forecast that Walt Disney Company will post $5.84 earnings per share for the current fiscal year.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino bought 976 shares of the firm’s stock in a transaction dated Thursday, August 10th. The shares were bought at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the acquisition, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.00% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in DIS. Norges Bank acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at $1,507,183,000. Janus Henderson Group PLC lifted its stake in shares of Walt Disney Company (The) by 929.6% during the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after acquiring an additional 4,885,398 shares during the period. Parnassus Investments CA acquired a new position in shares of Walt Disney Company (The) during the second quarter valued at $392,780,000. FMR LLC lifted its stake in shares of Walt Disney Company (The) by 11.7% during the fourth quarter. FMR LLC now owns 34,148,450 shares of the entertainment giant’s stock valued at $3,558,951,000 after acquiring an additional 3,579,822 shares during the period. Finally, AJO LP lifted its stake in shares of Walt Disney Company (The) by 12,331.6% during the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock valued at $350,661,000 after acquiring an additional 3,273,787 shares during the period. Institutional investors own 61.48% of the company’s stock.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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