Walt Disney Company (The) (NYSE:DIS) was upgraded by stock analysts at Vetr from a “hold” rating to a “buy” rating in a report released on Tuesday. The brokerage presently has a $107.20 price objective on the entertainment giant’s stock. Vetr‘s price target points to a potential upside of 4.44% from the stock’s previous close.

Several other brokerages have also recently issued reports on DIS. Guggenheim reiterated a “buy” rating and issued a $122.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, September 5th. Jefferies Group LLC reiterated a “hold” rating and issued a $103.00 price target (down from $110.00) on shares of Walt Disney Company (The) in a research note on Friday, October 6th. BidaskClub upgraded Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. BTIG Research reiterated a “sell” rating on shares of Walt Disney Company (The) in a research note on Monday, September 25th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Walt Disney Company (The) in a research note on Tuesday, September 12th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $112.56.

Shares of Walt Disney Company (NYSE:DIS) traded down $0.10 during mid-day trading on Tuesday, hitting $102.64. The company had a trading volume of 2,216,305 shares, compared to its average volume of 7,162,110. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $155,169.44, a PE ratio of 18.02, a P/E/G ratio of 2.18 and a beta of 1.37. Walt Disney Company has a fifty-two week low of $96.20 and a fifty-two week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The company’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.10 earnings per share. equities research analysts predict that Walt Disney Company will post 6.24 earnings per share for the current fiscal year.

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Large investors have recently made changes to their positions in the company. Tortoise Investment Management LLC increased its holdings in Walt Disney Company (The) by 0.6% in the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock valued at $241,000 after purchasing an additional 14 shares during the period. Burt Wealth Advisors increased its holdings in Walt Disney Company (The) by 0.5% in the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock valued at $338,000 after purchasing an additional 15 shares during the period. Sonata Capital Group Inc. increased its holdings in Walt Disney Company (The) by 0.7% in the second quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock valued at $290,000 after purchasing an additional 20 shares during the period. Leisure Capital Management increased its holdings in Walt Disney Company (The) by 0.5% in the second quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock valued at $473,000 after purchasing an additional 20 shares during the period. Finally, First Capital Advisors Group LLC. increased its holdings in Walt Disney Company (The) by 0.4% in the second quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock valued at $692,000 after purchasing an additional 24 shares during the period. Institutional investors own 60.40% of the company’s stock.

About Walt Disney Company (The)

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.

To view Vetr’s full report, visit Vetr’s official website.

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

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