Piper Jaffray Companies reissued their buy rating on shares of Walt Disney Company (The) (NYSE:DIS) in a report issued on Wednesday. The firm currently has a $120.00 price target on the entertainment giant’s stock.

Other equities analysts also recently issued reports about the stock. Goldman Sachs Group, Inc. (The) set a $133.00 target price on shares of Walt Disney Company (The) and gave the stock a buy rating in a research note on Wednesday, August 9th. BidaskClub upgraded shares of Walt Disney Company (The) from a hold rating to a buy rating in a research note on Wednesday, August 2nd. Deutsche Bank AG restated a buy rating and issued a $125.00 target price on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Vetr upgraded shares of Walt Disney Company (The) from a hold rating to a buy rating and set a $107.66 target price on the stock in a research note on Thursday, August 10th. Finally, Guggenheim restated a buy rating and issued a $122.00 target price on shares of Walt Disney Company (The) in a research note on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, sixteen have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Walt Disney Company (The) currently has a consensus rating of Hold and an average target price of $112.56.

Shares of Walt Disney Company (NYSE:DIS) traded down $0.26 during trading hours on Wednesday, reaching $102.74. 4,109,530 shares of the company traded hands, compared to its average volume of 7,162,110. The company has a market cap of $158,978.53, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37. Walt Disney Company has a one year low of $96.20 and a one year high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS 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 the consensus estimate of $13.30 billion. Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. Walt Disney Company (The)’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.10 earnings per share. analysts predict that Walt Disney Company will post 6.24 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in DIS. Lee Financial Co lifted its stake in shares of 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 worth $112,000 after buying an additional 74 shares in the last quarter. Legacy Advisors LLC purchased a new position in Walt Disney Company (The) during the third quarter worth about $137,000. Malaga Cove Capital LLC purchased a new position in Walt Disney Company (The) during the third quarter worth about $140,000. Wealthcare Advisory Partners LLC purchased a new position in Walt Disney Company (The) during the third quarter worth about $142,000. Finally, Sumitomo Mitsui Financial Group Inc. purchased a new position in Walt Disney Company (The) during the first quarter worth about $144,000. Institutional investors and hedge funds own 60.40% of the company’s stock.

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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