Piper Jaffray Companies restated their buy rating on shares of Walt Disney Company (The) (NYSE:DIS) in a report released on Friday. They currently have a $120.00 price target on the entertainment giant’s stock.

A number of other equities research analysts have also issued reports on the company. Bank of America Corporation restated a buy rating and issued a $120.00 price target (down from $125.00) on shares of Walt Disney Company (The) in a research report on Friday, September 8th. FBR & Co restated a hold rating and issued a $97.00 price target on shares of Walt Disney Company (The) in a research report on Friday, September 8th. Guggenheim restated a buy rating and issued a $122.00 price target on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. UBS AG restated a buy rating and issued a $126.00 price target on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. Finally, Royal Bank Of Canada restated a buy rating and issued a $130.00 price target on shares of Walt Disney Company (The) in a research report on Friday, July 14th. Four equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seventeen have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $112.79.

Walt Disney Company (NYSE:DIS) traded down $1.23 during mid-day trading on Friday, hitting $103.51. The stock had a trading volume of 2,662,938 shares, compared to its average volume of 7,201,487. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $161,725.94, a price-to-earnings ratio of 18.38, a PEG ratio of 2.30 and a beta of 1.37. Walt Disney Company has a 1-year low of $96.20 and a 1-year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. Walt Disney Company (The)’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the company earned $1.10 earnings per share. equities research analysts forecast that Walt Disney Company will post 6.26 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lee Financial Co lifted its position in Walt Disney Company (The) by 7.6% in the second 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 period. Legacy Advisors LLC acquired a new stake in Walt Disney Company (The) in the third quarter valued at about $137,000. Malaga Cove Capital LLC acquired a new stake in Walt Disney Company (The) in the third quarter valued at about $140,000. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Walt Disney Company (The) in the first quarter valued at about $144,000. Finally, Krilogy Financial LLC lifted its position in Walt Disney Company (The) by 13.2% in the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares during the period. 61.06% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Company (The) 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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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