Walt Disney Company (The) (NYSE:DIS) was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating in a research note issued on Tuesday. The firm currently has a $107.20 price objective on the entertainment giant’s stock. Vetr‘s price target would indicate a potential upside of 4.34% from the company’s current price.

Other analysts also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. BidaskClub upgraded shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Deutsche Bank AG reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Finally, Guggenheim reiterated a “buy” rating and issued a $122.00 price objective on shares of Walt Disney Company (The) in a report on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and eighteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $112.56.

Walt Disney Company (DIS) opened at $102.74 on Tuesday. The firm has a market cap of $158,978.53, a PE ratio of 18.07, a P/E/G ratio of 2.19 and a beta of 1.37. Walt Disney Company has a 12 month low of $96.20 and a 12 month high of $116.10. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate 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%. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 earnings per share. equities analysts anticipate that Walt Disney Company will post 6.24 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently made changes to their positions in the stock. Tdam USA Inc. lifted its position in Walt Disney Company (The) by 4.1% in the second quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after acquiring an additional 7,785 shares during the last quarter. State Treasurer State of Michigan lifted its position in Walt Disney Company (The) by 73.3% in the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after acquiring an additional 573,000 shares during the last quarter. Walter & Keenan Financial Consulting Co. MI ADV lifted its position in Walt Disney Company (The) by 7.9% in the second quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after acquiring an additional 1,800 shares during the last quarter. Mutual of America Capital Management LLC lifted its position in Walt Disney Company (The) by 1.4% in the first quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after acquiring an additional 2,351 shares during the last quarter. Finally, Connecticut Wealth Management LLC lifted its position in Walt Disney Company (The) by 1.4% in the second quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after acquiring an additional 42 shares during the last quarter. 60.40% of the stock is 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.

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

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