The Walt Disney Co. (NYSE:DIS) – Stock analysts at FBR & Co dropped their Q1 2017 earnings per share (EPS) estimates for The Walt Disney in a research note issued on Friday. FBR & Co analyst B. Crockett now anticipates that the brokerage will earn $1.37 per share for the quarter, down from their previous forecast of $1.46. FBR & Co has a “Hold” rating and a $108.00 price target on the stock. FBR & Co also issued estimates for The Walt Disney’s Q3 2017 earnings at $1.71 EPS, Q4 2017 earnings at $1.21 EPS, FY2018 earnings at $6.31 EPS and FY2020 earnings at $7.46 EPS.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.16 by $0.06. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The firm earned $13.14 billion during the quarter, compared to analyst estimates of $13.71 billion. During the same quarter in the previous year, the firm posted $1.20 earnings per share. The Walt Disney’s quarterly revenue was down 2.7% compared to the same quarter last year.

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

A number of other brokerages also recently weighed in on DIS. Morgan Stanley reiterated a “hold” rating on shares of The Walt Disney in a research report on Sunday, July 17th. Stifel Nicolaus downgraded shares of The Walt Disney from a “buy” rating to a “hold” rating and set a $110.00 price target on the stock. in a research report on Wednesday, July 20th. They noted that the move was a valuation call. Vetr upgraded shares of The Walt Disney from a “hold” rating to a “buy” rating and set a $102.13 price target on the stock in a research report on Thursday, July 21st. Credit Agricole SA reiterated an “outperform” rating and issued a $115.00 price target on shares of The Walt Disney in a research report on Thursday, August 11th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a $108.00 price target (down from $109.00) on shares of The Walt Disney in a research report on Thursday, August 11th. Two equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $108.11.

Shares of The Walt Disney (NYSE:DIS) opened at 97.68 on Monday. The stock has a 50 day moving average of $92.78 and a 200-day moving average of $96.61. The firm has a market capitalization of $156.98 billion, a PE ratio of 17.56 and a beta of 1.21. The Walt Disney has a 52 week low of $86.25 and a 52 week high of $120.65.

Hedge funds and other institutional investors have recently modified their holdings of the company. Thomas J. Herzfeld Advisors Inc. bought a new position in shares of The Walt Disney during the second quarter worth approximately $103,000. Balentine LLC boosted its position in shares of The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares during the last quarter. Krilogy Financial LLC boosted its position in shares of The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock worth $126,000 after buying an additional 61 shares during the last quarter. Cordasco Financial Network boosted its position in shares of The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares during the last quarter. Finally, Opera Trading Capital bought a new position in shares of The Walt Disney during the first quarter worth approximately $158,000. Institutional investors own 57.48% of the company’s stock.

The Walt Disney Company Profile

The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

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