Vetr upgraded shares of Walt Disney (NYSE:DIS) from a buy rating to a strong-buy rating in a research report sent to investors on Monday. The brokerage currently has $115.49 target price on the entertainment giant’s stock.

DIS has been the topic of several other research reports. Royal Bank of Canada raised their price objective on Walt Disney to $135.00 and gave the stock a top pick rating in a report on Wednesday, January 3rd. Rosenblatt Securities raised Walt Disney from a neutral rating to a buy rating and raised their price objective for the stock from $115.00 to $130.00 in a report on Wednesday, January 3rd. B. Riley reaffirmed a hold rating and set a $122.00 price objective on shares of Walt Disney in a report on Monday, January 29th. Zacks Investment Research lowered Walt Disney from a hold rating to a sell rating in a report on Tuesday, December 19th. Finally, Loop Capital reaffirmed a hold rating and set a $106.00 price objective on shares of Walt Disney in a report on Monday, January 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Walt Disney currently has an average rating of Buy and a consensus price target of $118.61.

Walt Disney (DIS) opened at $103.39 on Monday. The company has a market capitalization of $156,150.00, a price-to-earnings ratio of 14.69, a P/E/G ratio of 1.79 and a beta of 1.30. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. Walt Disney has a twelve month low of $96.20 and a twelve month high of $116.10.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, beating the consensus estimate of $1.61 by $0.28. The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.47 billion. Walt Disney had a return on equity of 41.94% and a net margin of 29.14%. Walt Disney’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.55 earnings per share. equities analysts expect that Walt Disney will post 6.8 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Buckingham Asset Management LLC lifted its position in Walt Disney by 27.7% in the fourth quarter. Buckingham Asset Management LLC now owns 14,854 shares of the entertainment giant’s stock valued at $1,597,000 after purchasing an additional 3,218 shares during the period. Obermeyer Wood Investment Counsel Lllp lifted its position in Walt Disney by 0.5% in the fourth quarter. Obermeyer Wood Investment Counsel Lllp now owns 115,105 shares of the entertainment giant’s stock valued at $12,375,000 after purchasing an additional 594 shares during the period. Princeton Capital Management LLC acquired a new stake in Walt Disney in the fourth quarter valued at about $3,827,000. Gruss & Co. Inc. acquired a new stake in Walt Disney in the fourth quarter valued at about $1,290,000. Finally, HRT Financial LLC acquired a new stake in Walt Disney in the fourth quarter valued at about $633,000. 61.12% of the stock is currently owned by hedge funds and other 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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