Walt Disney (NYSE:DIS) PT Raised to $145.00

Walt Disney (NYSE:DIS) had its price objective raised by analysts at Needham & Company LLC from $120.00 to $145.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the entertainment giant’s stock. Needham & Company LLC’s price objective indicates a potential upside of 18.43% from the stock’s previous close.

A number of other equities research analysts have also recently commented on DIS. The Goldman Sachs Group dropped their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. UBS Group raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays upgraded shares of Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $95.00 to $135.00 in a report on Monday. Finally, Wells Fargo & Company boosted their price target on shares of Walt Disney from $115.00 to $128.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $117.77.

Walt Disney Trading Up 1.2 %

Shares of NYSE DIS traded up $1.46 during trading hours on Thursday, reaching $122.44. The stock had a trading volume of 7,704,822 shares, compared to its average volume of 12,448,402. The business’s fifty day moving average price is $106.66 and its two-hundred day moving average price is $94.34. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The firm has a market cap of $224.59 billion, a price-to-earnings ratio of 75.67, a P/E/G ratio of 1.84 and a beta of 1.41. Walt Disney has a 52-week low of $78.73 and a 52-week high of $123.74.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating the consensus estimate of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The firm had revenue of $23.50 billion during the quarter, compared to analyst estimates of $23.71 billion. During the same quarter in the prior year, the business posted $0.99 EPS. The business’s revenue for the quarter was down .1% compared to the same quarter last year. Analysts expect that Walt Disney will post 4.66 EPS for the current fiscal year.

Insider Transactions at Walt Disney

In other news, EVP Sonia L. Coleman sold 898 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total transaction of $80,918.78. Following the completion of the transaction, the executive vice president now owns 1,861 shares of the company’s stock, valued at $167,694.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Walt Disney

Institutional investors have recently modified their holdings of the stock. Planned Solutions Inc. purchased a new stake in shares of Walt Disney during the fourth quarter valued at $26,000. Gold Investment Management Ltd. bought a new position in shares of Walt Disney in the fourth quarter worth about $28,000. Dark Forest Capital Management LP bought a new stake in Walt Disney during the 1st quarter valued at approximately $28,000. Worth Asset Management LLC bought a new stake in Walt Disney during the 1st quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC bought a new stake in Walt Disney during the 3rd quarter valued at approximately $30,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.