Walt Disney (DIS) Price Target Increased to $125.00 by Analysts at B. Riley
Walt Disney (NYSE:DIS) had its price target boosted by B. Riley from $122.00 to $125.00 in a report released on Wednesday, Marketbeat reports. The firm currently has a buy rating on the entertainment giant’s stock. B. Riley also issued estimates for Walt Disney’s Q2 2018 earnings at $1.60 EPS, Q3 2018 earnings at $2.19 EPS, Q4 2018 earnings at $1.38 EPS, FY2018 earnings at $7.07 EPS, FY2019 earnings at $7.79 EPS and FY2020 earnings at $8.41 EPS.
DIS has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Walt Disney from a sell rating to a hold rating in a research report on Friday, November 3rd. Barclays set a $105.00 price target on shares of Walt Disney and gave the company a hold rating in a research report on Tuesday, January 23rd. Edward Jones cut shares of Walt Disney from a buy rating to a hold rating in a research report on Friday, December 15th. Wells Fargo & Co reiterated a buy rating and set a $135.00 price target on shares of Walt Disney in a research report on Friday, December 15th. Finally, Vetr upgraded shares of Walt Disney from a buy rating to a strong-buy rating and set a $110.51 price target on the stock in a research report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $118.63.
Walt Disney (DIS) opened at $103.09 on Wednesday. Walt Disney has a 52-week low of $96.20 and a 52-week high of $116.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.74 and a current ratio of 0.87. The company has a market cap of $158,370.00, a P/E ratio of 14.64, a price-to-earnings-growth ratio of 1.77 and a beta of 1.30.
The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Stockholders of record on Monday, December 11th were paid a dividend of $0.84 per share. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 23.86%.
Large investors have recently added to or reduced their stakes in the company. Lee Financial Co lifted its stake in Walt Disney 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 acquiring an additional 74 shares during the period. Front Row Advisors LLC purchased a new stake in Walt Disney in the fourth quarter worth $122,000. Legacy Advisors LLC purchased a new stake in Walt Disney in the third quarter worth $137,000. Malaga Cove Capital LLC purchased a new stake in Walt Disney in the third quarter worth $140,000. Finally, Wealthcare Advisory Partners LLC purchased a new stake in Walt Disney in the third quarter worth $142,000. 61.58% of the stock is owned by hedge funds and other institutional investors.
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Walt Disney 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.
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