The Walt Disney Co. (DIS) Stock Rating Reaffirmed by Piper Jaffray Cos.
The Walt Disney Co. (NYSE:DIS)‘s stock had its “buy” rating reiterated by analysts at Piper Jaffray Cos. in a research report issued on Friday. They presently have a $115.00 price target on the entertainment giant’s stock. Piper Jaffray Cos.’s price target points to a potential upside of 17.44% from the company’s current price.
Other equities analysts also recently issued research reports about the company. Morgan Stanley reiterated a “hold” rating on shares of The Walt Disney in a research report on Sunday, July 17th. JPMorgan Chase & Co. reissued an “overweight” rating and set a $118.00 target price on shares of The Walt Disney in a report on Saturday, August 13th. Nomura reissued a “buy” rating and set a $110.00 target price on shares of The Walt Disney in a report on Friday. BTIG Research reissued a “sell” rating on shares of The Walt Disney in a report on Friday. Finally, Jefferies Group reissued a “hold” rating and set a $92.00 target price on shares of The Walt Disney in a report on Friday. Two research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $108.11.
The Walt Disney (NYSE:DIS) opened at 97.92 on Friday. The Walt Disney has a one year low of $86.25 and a one year high of $120.65. The stock has a market cap of $156.67 billion, a PE ratio of 17.09 and a beta of 1.21. The stock has a 50 day moving average price of $92.78 and a 200-day moving average price of $96.61.
The Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.16 by $0.06. The business had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $13.71 billion. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.20 EPS. Equities research analysts expect that The Walt Disney will post $5.96 earnings per share for the current fiscal year.
A number of large investors have recently made changes to their positions in DIS. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of The Walt Disney during the second quarter valued at approximately $103,000. Balentine LLC raised its stake 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 valued at $105,000 after buying an additional 845 shares during the period. Lombard Odier Transatlantic Limited Partnership raised its stake in shares of The Walt Disney by 71.4% in the third quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant’s stock valued at $111,000 after buying an additional 500 shares during the period. Krilogy Financial LLC raised its stake 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 valued at $126,000 after buying an additional 61 shares during the period. Finally, TLP Group LLC purchased a new stake in shares of The Walt Disney during the third quarter valued at approximately $129,000. 57.48% of the stock is currently owned by institutional investors.
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.
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