Walt Disney (DIS) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Walt Disney (NYSE: DIS) in the last few weeks:

  • 1/3/2018 – Walt Disney was upgraded by analysts at Rosenblatt Securities from a “neutral” rating to a “buy” rating. They now have a $130.00 price target on the stock, up previously from $115.00.
  • 1/3/2018 – Walt Disney had its price target raised by analysts at Royal Bank of Canada to $135.00. They now have a “top pick” rating on the stock.
  • 1/3/2018 – Walt Disney was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $113.39 price target on the stock.
  • 1/2/2018 – Walt Disney was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Shares of Disney have outperformed the industry in the past three months. The company is acquiring majority of Twenty-First Century Fox’s assets, which includes its Film and Television studios accompanied by cable and international TV businesses. The deal provides a bout of fresh air to Disney, which for quite some time now has been jostling in the fast changing media landscape, where rise in streaming and cord cutting have become two faces of the coin. No wonder, the buyout of these assets would considerably enhance the media mogul’s bargaining power with Cable TV providers, increase affiliate fees, provide a fresh lease of life to ESPN and create cost synergies. Further, the addition of Fox's rich library of movies and TV series would greatly enhance Disney’s prospects in the streaming service. Bob Iger will continue to spearhead the company through 2021 for a smooth integration of Fox’s assets into Disney.”
  • 1/2/2018 – Walt Disney was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating. They now have a $125.00 price target on the stock, up previously from $112.00.
  • 1/1/2018 – Walt Disney was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $112.50 price target on the stock.
  • 12/22/2017 – Walt Disney had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 12/20/2017 – Walt Disney was given a new $100.00 price target on by analysts at Sanford C. Bernstein. They now have a “hold” rating on the stock.
  • 12/19/2017 – Walt Disney was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Disney is acquiring majority of Twenty-First Century Fox’s assets, which includes its Film and Television studios accompanied by cable and international TV businesses in a transaction worth $52.4 billion. The deal provides a bout of fresh air to Disney, which for quite some time now has been jostling in the fast changing media landscape, where rise in streaming and cord cutting have become two faces of the coin. No wonder, the buyout of these assets would considerably enhance the media mogul’s bargaining power with Cable TV providers, increase affiliate fees, provide a fresh lease of life to ESPN and create cost synergies. Further, the addition of Fox's rich library of movies and TV series would greatly enhance Disney’s prospects in the streaming service. Bob Iger will continue to spearhead the company through 2021 for a smooth integration of Fox’s assets into Disney.”
  • 12/15/2017 – Walt Disney was downgraded by analysts at Edward Jones from a “buy” rating to a “hold” rating.
  • 12/15/2017 – Walt Disney had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $135.00 price target on the stock.
  • 12/15/2017 – Walt Disney was given a new $125.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 12/14/2017 – Walt Disney had its price target raised by analysts at Pivotal Research from $83.00 to $91.00. They now have a “sell” rating on the stock.
  • 12/11/2017 – Walt Disney had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $106.00 price target on the stock.
  • 12/4/2017 – Walt Disney had its “hold” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $115.00 price target on the stock.
  • 11/29/2017 – Walt Disney was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $107.36 price target on the stock.
  • 11/22/2017 – Walt Disney had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $120.00 price target on the stock.
  • 11/22/2017 – Walt Disney had its “sell” rating reaffirmed by analysts at BMO Capital Markets. They now have a $90.00 price target on the stock.
  • 11/21/2017 – Walt Disney was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $107.20 price target on the stock.
  • 11/15/2017 – Walt Disney was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Despite reporting lower-than-expected results in fourth-quarter fiscal 2017, Disney’s shares have outpaced the industry in a month. Analysts believe that the deal with Rian Johnson, director of The Last Jedi, to produce a new Star Wars trilogy may have raised hopes of investors. Further, a strong performance by the Parks & Resorts unit continues to impress investors. It’s decision to terminate the 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. Also, in an effort to attract online viewers, Disney has completed the acquisition of BAMTech. However, falling subscriber and higher programming costs at ESPN were the major concerns this quarter too. The fresh NBA agreement and rise in contractual rate are driving the programming cost.”
  • 11/13/2017 – Walt Disney was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $106.77 price target on the stock.
  • 11/12/2017 – Walt Disney was given a new $125.00 price target on by analysts at Royal Bank of Canada. They now have a “buy” rating on the stock.
  • 11/10/2017 – Walt Disney had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $120.00 price target on the stock.
  • 11/10/2017 – Walt Disney had its “hold” rating reaffirmed by analysts at B. Riley. They now have a $101.00 price target on the stock, up previously from $97.00.
  • 11/10/2017 – Walt Disney was given a new $125.00 price target on by analysts at JPMorgan Chase & Co.. They now have a “buy” rating on the stock.
  • 11/10/2017 – Walt Disney had its price target lowered by analysts at Loop Capital from $104.00 to $103.00. They now have a “hold” rating on the stock.
  • 11/10/2017 – Walt Disney had its price target raised by analysts at Goldman Sachs Group Inc from $115.00 to $120.00. They now have a “buy” rating on the stock.
  • 11/10/2017 – Walt Disney had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $103.77 price target on the stock, up previously from $102.68.

Shares of Walt Disney Co (NYSE:DIS) opened at $112.23 on Friday. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a market capitalization of $169,500.00, a price-to-earnings ratio of 19.76, a P/E/G ratio of 2.39 and a beta of 1.38. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the business earned $1.10 EPS. The business’s revenue was down 2.8% compared to the same quarter last year. analysts expect that Walt Disney Co will post 6.23 EPS for the current fiscal year.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 29.58%.

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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