Walt Disney Company (The) (NYSE: DIS) has recently received a number of price target changes and ratings updates:

  • 10/19/2017 – Walt Disney Company (The) was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $110.51 price target on the stock.
  • 10/13/2017 – Walt Disney Company (The) had its price target lowered by analysts at Barclays PLC from $98.00 to $94.00. They now have an “equal weight” rating on the stock.
  • 10/12/2017 – Walt Disney Company (The) was downgraded by analysts at Guggenheim from a “buy” rating to a “neutral” rating.
  • 10/11/2017 – Walt Disney Company (The) was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $110.51 price target on the stock.
  • 10/9/2017 – Walt Disney Company (The) was upgraded by analysts at Royal Bank Of Canada from an “outperform” rating to a “top pick” rating. They now have a $125.00 price target on the stock, down previously from $130.00.
  • 10/6/2017 – Walt Disney Company (The) had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $103.00 price target on the stock, down previously from $110.00.
  • 10/3/2017 – Walt Disney Company (The) was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Disney shares have lagged the industry in the past three months, primarily due to ongoing concerns regarding ESPN future and recent havoc at its Lucasfilm division due to the delay in the release of Star Wars: Episode IX. Identical to performances in the past few quarters, ESPN disappointed in the third quarter again. Further, the stock recently came under pressure after CEO cautioned that fiscal 2017 earnings are likely to be similar to last year. However, the company’s decision to terminate distribution agreement with Netflix for subscription streaming and having its own streaming services – one for Disney and Pixar brands and another for ESPN followers is likely to be a driving factor in the long run. Further, in an effort to attract online viewers, Disney, which had earlier acquired 33% stake BAMTech, announced its intention to acquire another 42% stake in the firm. However, Parks & Resorts business continues to bode well.”
  • 9/28/2017 – Walt Disney Company (The) had its “neutral” rating reaffirmed by analysts at Citigroup Inc..
  • 9/28/2017 – Walt Disney Company (The) had its “hold” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $110.00 price target on the stock.
  • 9/25/2017 – Walt Disney Company (The) had its “sell” rating reaffirmed by analysts at BTIG Research.
  • 9/20/2017 – Walt Disney Company (The) had its “buy” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $116.00 price target on the stock.
  • 9/12/2017 – Walt Disney Company (The) had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 9/11/2017 – Walt Disney Company (The) had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $125.00 price target on the stock, down previously from $130.00.
  • 9/11/2017 – Walt Disney Company (The) had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $120.00 price target on the stock.
  • 9/8/2017 – Walt Disney Company (The) had its “hold” rating reaffirmed by analysts at FBR & Co. They now have a $97.00 price target on the stock. They wrote, “We update estimates to factor in Disney CEO Bob Iger’s statement at an investor conference Sept. 7 that Disney’s EPS was likely to be comparable in F2017 to F2016, a step down from former guidance for modest growth.” Disney’s stock dipped on the comments, along with the media group. But we read the reduced EPS outlook as mainly due to Hurricane Irma, meaning the EPS trim should largely come back in F2018. We didn’t see Iger raising any new secular concerns, although another presenter, Comcast, raised a form of secular concern with disclosure of expectations for up to 150,000 video sub losses in the Sept. quarter, due, in part to competition from skinny bundle SVOD services. But competition of this sort isn’t necessarily negative for Disney (or CBS, Fox, Tegna and TV stations), since they are largely in the online skinny bundles.””
  • 9/8/2017 – Walt Disney Company (The) had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $90.00 price target on the stock, down previously from $97.06.
  • 9/8/2017 – Walt Disney Company (The) had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $120.00 price target on the stock, down previously from $125.00.
  • 9/8/2017 – Walt Disney Company (The) had its “hold” rating reaffirmed by analysts at Loop Capital. They now have a $104.00 price target on the stock, down previously from $106.00.
  • 9/7/2017 – Walt Disney Company (The) was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $103.55 price target on the stock.
  • 9/5/2017 – Walt Disney Company (The) was upgraded by analysts at Wells Fargo & Company from a “market perform” rating to an “outperform” rating. They now have a $116.00 price target on the stock, up previously from $109.00.
  • 9/5/2017 – Walt Disney Company (The) had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $122.00 price target on the stock.
  • 9/5/2017 – Walt Disney Company (The) had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $126.00 price target on the stock. They wrote, “overblown,” at least according to UBS’s Doug Mitchelson, who maintains a Buy rating and $126 price target on Disney’s stock.Disney recently announced its own direct-to-consumer OTT (over-the-top) service for ESPN along with its Disney/Pixar-branded content, Mitchelson commented. While management hasn’t yet provided much information about the financial aspect of the service, a serious of reasonable assumptions support management’s move.Overall, the analyst is estimating that incremental operating expenditure and lost revenue will hamper Disney’s fiscal 2018 EBIT by only an incremental $270 million and another $200 million in the following year. Granted, while this figure appears to be “significant,”
  • 8/31/2017 – Walt Disney Company (The) had its “hold” rating reaffirmed by analysts at Loop Capital. They now have a $106.00 price target on the stock, down previously from $107.00.

Walt Disney Company (NYSE DIS) traded down 0.51% during mid-day trading on Monday, reaching $98.89. 1,600,269 shares of the company traded hands. The stock has a 50 day moving average price of $98.94 and a 200-day moving average price of $105.38. The company has a market capitalization of $152.63 billion, a P/E ratio of 17.54 and a beta of 1.40. Walt Disney Company has a 52-week low of $90.60 and a 52-week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.05. The business had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. Walt Disney Company (The)’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter last year, the company posted $1.62 earnings per share. Analysts expect that Walt Disney Company will post $5.78 EPS for the current fiscal year.

In related news, Director Maria Elena Lagomasino acquired 976 shares of the stock in a transaction dated Thursday, August 10th. The shares were acquired at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the purchase, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.38% of the company’s stock.

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.

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