Walt Disney (NYSE:DIS) had its price target increased by research analysts at Pivotal Research from $83.00 to $91.00 in a report issued on Thursday. The brokerage presently has a “sell” rating on the entertainment giant’s stock. Pivotal Research’s price target would indicate a potential downside of 18.22% from the company’s previous close.

A number of other research firms have also weighed in on DIS. Rosenblatt Securities reissued a “hold” rating and issued a $115.00 price objective on shares of Walt Disney in a research report on Monday, December 4th. Loop Capital restated a “buy” rating and issued a $106.00 target price on shares of Walt Disney in a research note on Monday, December 11th. Goldman Sachs Group upped their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. B. Riley restated a “hold” rating and issued a $101.00 target price (up from $97.00) on shares of Walt Disney in a research note on Friday, November 10th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $120.00 target price on shares of Walt Disney in a research note on Friday, November 10th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seventeen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $113.44.

Shares of Walt Disney (NYSE:DIS) opened at $111.27 on Thursday. 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 has a 1 year low of $96.20 and a 1 year high of $116.10. The firm has a market cap of $166,995.19, a PE ratio of 19.40, a P/E/G ratio of 2.35 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data 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). 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 last year, the company earned $1.10 earnings per share. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. equities research analysts predict that Walt Disney will post 6.23 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of DIS. Ariel Capital Advisors LLC raised its holdings in shares of Walt Disney by 4.9% during the first quarter. Ariel Capital Advisors LLC now owns 28,046 shares of the entertainment giant’s stock worth $3,180,000 after purchasing an additional 1,298 shares during the last quarter. Tocqueville Asset Management L.P. raised its holdings in shares of Walt Disney by 8.9% during the first quarter. Tocqueville Asset Management L.P. now owns 475,780 shares of the entertainment giant’s stock worth $53,949,000 after purchasing an additional 38,985 shares during the last quarter. Canal Capital Management LLC raised its holdings in shares of Walt Disney by 17.4% during the first quarter. Canal Capital Management LLC now owns 4,998 shares of the entertainment giant’s stock worth $567,000 after purchasing an additional 742 shares during the last quarter. Cookson Peirce & Co. Inc. raised its holdings in shares of Walt Disney by 27.5% during the first quarter. Cookson Peirce & Co. Inc. now owns 2,886 shares of the entertainment giant’s stock worth $327,000 after purchasing an additional 622 shares during the last quarter. Finally, Advisor Partners LLC raised its holdings in shares of Walt Disney by 18.0% during the first quarter. Advisor Partners LLC now owns 26,083 shares of the entertainment giant’s stock worth $2,958,000 after purchasing an additional 3,985 shares during the last quarter. 61.51% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Walt Disney (NYSE:DIS)

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