Walt Disney (NYSE:DIS) was upgraded by stock analysts at Vetr from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The brokerage presently has a $115.53 target price on the entertainment giant’s stock. Vetr‘s price objective suggests a potential upside of 4.37% from the company’s previous close.

A number of other analysts also recently issued reports on DIS. B. Riley reissued a “neutral” rating on shares of Walt Disney in a research report on Wednesday, November 1st. Bank of America reissued a “buy” rating and issued a $144.00 target price (up from $130.00) on shares of Walt Disney in a research report on Wednesday, January 10th. Rosenblatt Securities reissued a “hold” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Thursday, September 28th. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, Citigroup reissued a “neutral” rating on shares of Walt Disney in a research report on Thursday, September 28th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. Walt Disney has a consensus rating of “Hold” and an average price target of $116.15.

Walt Disney (NYSE DIS) traded down $1.78 during trading hours on Tuesday, reaching $110.69. The company’s stock had a trading volume of 8,030,000 shares, compared to its average volume of 9,330,000. 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 has a twelve month low of $96.20 and a twelve month high of $116.10. The stock has a market capitalization of $167,180.00, a P/E ratio of 19.49, a P/E/G ratio of 2.01 and a beta of 1.38.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The firm had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the prior year, the business earned $1.10 earnings per share. The business’s quarterly revenue was down 2.8% compared to the same quarter last year. analysts forecast that Walt Disney will post 6.31 EPS for the current year.

A number of large investors have recently bought and sold shares of DIS. Janus Henderson Group PLC boosted its stake in Walt Disney by 929.6% during the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after buying an additional 4,885,398 shares during the period. AJO LP boosted its stake in Walt Disney by 12,331.6% during the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock valued at $350,661,000 after buying an additional 3,273,787 shares during the period. Vanguard Group Inc. boosted its stake in Walt Disney by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after buying an additional 2,131,932 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Walt Disney by 247.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock valued at $280,999,000 after buying an additional 1,884,600 shares during the period. Finally, Nordea Investment Management AB boosted its stake in Walt Disney by 48.7% during the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after buying an additional 1,740,128 shares during the period. 61.55% of the stock is owned by institutional investors.

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About Walt Disney

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.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Walt Disney (NYSE:DIS)

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