Walt Disney Co (NYSE:DIS) has been given an average rating of “Hold” by the thirty-six ratings firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation, seventeen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $117.42.

Several research analysts have weighed in on the stock. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday, November 10th. Rosenblatt Securities upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their price target for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Vetr downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 price target on the stock. in a research report on Monday, November 13th.

Shares of Walt Disney (NYSE:DIS) traded down $1.79 during mid-day trading on Tuesday, reaching $108.70. 9,950,000 shares of the company’s stock traded hands, compared to its average volume of 7,470,000. The firm has a market cap of $164,170.00, a price-to-earnings ratio of 19.14, a P/E/G ratio of 1.89 and a beta of 1.30. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney has a 52 week low of $96.20 and a 52 week high of $116.10.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. Walt Disney’s revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.10 earnings per share. equities research analysts predict that Walt Disney will post 6.46 earnings per share for the current fiscal year.

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Investors of record on Monday, December 11th were given a $0.84 dividend. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.58%.

A number of large investors have recently modified their holdings of DIS. Vanguard Group Inc. increased its stake in Walt Disney by 2.2% during the 2nd 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. Northern Trust Corp boosted its holdings in shares of Walt Disney by 2.5% during the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock worth $2,174,118,000 after purchasing an additional 500,349 shares during the period. Legal & General Group Plc boosted its holdings in shares of Walt Disney by 3.8% during the third quarter. Legal & General Group Plc now owns 8,186,026 shares of the entertainment giant’s stock worth $806,872,000 after purchasing an additional 300,973 shares during the period. Parnassus Investments CA lifted its stake in Walt Disney by 19.3% in the third quarter. Parnassus Investments CA now owns 6,941,130 shares of the entertainment giant’s stock valued at $684,187,000 after acquiring an additional 1,123,949 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Walt Disney by 7.8% in the second quarter. Swiss National Bank now owns 5,777,328 shares of the entertainment giant’s stock valued at $613,841,000 after acquiring an additional 420,200 shares during the last quarter. Hedge funds and other institutional investors own 61.62% of the company’s stock.

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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.

Analyst Recommendations for Walt Disney (NYSE:DIS)

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