Walt Disney Co (NYSE:DIS) – Equities research analysts at B. Riley lifted their FY2018 earnings per share (EPS) estimates for Walt Disney in a note issued to investors on Tuesday. B. Riley analyst B. Crockett now forecasts that the entertainment giant will post earnings per share of $6.90 for the year, up from their previous forecast of $5.95. B. Riley has a “Hold” rating and a $101.00 price target on the stock.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Zacks’ consensus estimate 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 for the quarter, compared to analyst estimates of $13.30 billion. During the same quarter in the previous year, the business posted $1.10 earnings per share. The company’s revenue was down 2.8% compared to the same quarter last year.

Other equities research analysts have also issued reports about the company. Wells Fargo & Co restated a “buy” rating and set a $116.00 price objective on shares of Walt Disney in a research report on Wednesday, September 20th. Piper Jaffray Companies set a $130.00 price objective on Walt Disney and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Vetr lowered Walt Disney from a “strong-buy” rating to a “buy” rating and set a $110.51 price objective for the company. in a research report on Thursday, October 19th. Citigroup restated a “buy” rating and set a $119.00 price objective on shares of Walt Disney in a research report on Wednesday, November 1st. Finally, Goldman Sachs Group raised their price objective on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. Walt Disney has an average rating of “Hold” and a consensus target price of $116.15.

Shares of Walt Disney (NYSE:DIS) traded down $1.56 during midday trading on Thursday, reaching $110.41. The company’s stock had a trading volume of 6,270,833 shares, compared to its average volume of 7,368,618. Walt Disney has a 12-month low of $96.20 and a 12-month high of $116.10. The firm has a market cap of $167,130.00, a price-to-earnings ratio of 19.44, a PEG ratio of 1.97 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Investors of record on Monday, December 11th were paid a $0.84 dividend. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s payout ratio is 29.58%.

Hedge funds have recently modified their holdings of the stock. Lee Financial Co raised its stake in shares of Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after acquiring an additional 74 shares in the last quarter. Legacy Advisors LLC bought a new position in shares of Walt Disney in the 3rd quarter valued at approximately $137,000. Malaga Cove Capital LLC bought a new position in shares of Walt Disney in the 3rd quarter valued at approximately $140,000. Wealthcare Advisory Partners LLC bought a new position in shares of Walt Disney in the 3rd quarter valued at approximately $142,000. Finally, Krilogy Financial LLC raised its stake in shares of Walt Disney by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after acquiring an additional 166 shares in the last quarter. 61.55% of the stock is currently owned by institutional investors and hedge funds.

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Walt Disney 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.

Earnings History and Estimates for Walt Disney (NYSE:DIS)

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