Walt Disney Company (The) (NYSE:DIS) – Analysts at Jefferies Group decreased their Q4 2017 earnings per share estimates for Walt Disney Company (The) in a research report issued on Tuesday. Jefferies Group analyst J. Janedis now expects that the entertainment giant will post earnings of $1.27 per share for the quarter, down from their previous forecast of $1.29. Jefferies Group currently has a “Hold” rating and a $110.00 target price on the stock. Jefferies Group also issued estimates for Walt Disney Company (The)’s Q4 2018 earnings at $1.41 EPS, FY2018 earnings at $6.65 EPS, Q3 2019 earnings at $1.94 EPS and FY2019 earnings at $7.24 EPS.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.57%. The firm had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same period in the previous year, the firm posted $1.62 earnings per share. The firm’s revenue was down .3% on a year-over-year basis.

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A number of other equities research analysts also recently weighed in on the company. Goldman Sachs Group, Inc. (The) set a $134.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Saturday, May 20th. Macquarie downgraded Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and lifted their target price for the stock from $90.32 to $105.00 in a report on Wednesday, May 17th. Deutsche Bank AG reissued a “buy” rating and set a $125.00 target price (down previously from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Zacks Investment Research downgraded Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Rosenblatt Securities lifted their target price on Walt Disney Company (The) from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, May 8th. Six investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $115.58.

Shares of Walt Disney Company (NYSE DIS) traded down 0.59% on Thursday, reaching $102.22. 2,615,459 shares of the company were exchanged. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The stock has a 50 day moving average price of $106.24 and a 200-day moving average price of $109.34. The stock has a market capitalization of $159.67 billion, a P/E ratio of 18.13 and a beta of 1.40. Walt Disney Company (The) also saw unusually large options trading on Monday. Traders acquired 26,917 put options on the company. This is an increase of approximately 352% compared to the typical volume of 5,955 put options.

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders of record on Monday, July 10th were paid a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.56%.

In other Walt Disney Company (The) news, Chairman Robert A. Iger sold 797,578 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $105.09, for a total value of $83,817,472.02. Following the transaction, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.38% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of DIS. Shepherd Financial Partners LLC acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at about $254,000. Summit Global Investments acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at about $2,482,000. United Capital Financial Advisers LLC raised its position in shares of Walt Disney Company (The) by 20.3% in the fourth quarter. United Capital Financial Advisers LLC now owns 332,027 shares of the entertainment giant’s stock valued at $34,604,000 after buying an additional 56,005 shares during the period. Round Hill Asset Management acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at about $12,790,000. Finally, Cigna Investments Inc. New acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at about $5,799,000. 62.42% of the stock is currently owned by hedge funds and other institutional investors.

About Walt Disney Company (The)

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 Company (The) (NYSE:DIS)

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