Walt Disney (DIS) Rating Reiterated by Loop Capital

Walt Disney (NYSE:DIS)‘s stock had its “hold” rating restated by analysts at Loop Capital in a note issued to investors on Monday. They presently have a $106.00 price objective on the entertainment giant’s stock. Loop Capital’s price target suggests a potential downside of 4.59% from the stock’s current price.

DIS has been the subject of a number of other research reports. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Edward Jones cut Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Wells Fargo & Co restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Friday, December 15th. Vetr upgraded Walt Disney from a “buy” rating to a “strong-buy” rating and set a $110.51 price target for the company in a research report on Wednesday, October 11th. Finally, Barclays reduced their price target on Walt Disney from $98.00 to $94.00 and set an “equal weight” rating for the company in a research report on Friday, October 13th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $116.15.

Walt Disney (NYSE:DIS) traded up $0.51 during trading on Monday, reaching $111.10. The company had a trading volume of 8,073,359 shares, compared to its average volume of 8,790,000. The stock has a market capitalization of $167,800.00, a PE ratio of 19.56, a PEG ratio of 1.94 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney has a 12 month low of $96.20 and a 12 month high of $116.10.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The firm’s revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.10 EPS. equities research analysts anticipate that Walt Disney will post 6.42 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of DIS. Lee Financial Co lifted 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 purchasing an additional 74 shares during the last quarter. Legacy Advisors LLC bought a new stake in shares of Walt Disney during the 3rd quarter worth approximately $137,000. Malaga Cove Capital LLC bought a new stake in shares of Walt Disney during the 3rd quarter worth approximately $140,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Walt Disney during the 3rd quarter worth approximately $142,000. Finally, Krilogy Financial LLC lifted its stake in shares of Walt Disney by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after acquiring an additional 166 shares during the last quarter. 61.63% of the stock is owned by institutional investors and hedge funds.

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About Walt Disney

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 (NYSE:DIS)

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