Walt Disney (NYSE:DIS) Stock Price Up 1% – What’s Next?

The Walt Disney Company (NYSE:DIS) shot up 1% on Tuesday . The company traded as high as $85.78 and last traded at $85.47. 1,616,264 shares were traded during trading, a decline of 84% from the average session volume of 9,966,080 shares. The stock had previously closed at $84.66.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DIS shares. UBS Group cut their price objective on shares of Walt Disney from $130.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday. Rosenblatt Securities reiterated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Prescient Securities dropped their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Citigroup reiterated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Six equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $124.48.

Walt Disney Price Performance

The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $149.83 billion, a PE ratio of 27.00, a PEG ratio of 1.80 and a beta of 1.44. The stock has a 50-day moving average price of $100.21 and a 200 day moving average price of $104.52.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

Large investors have recently bought and sold shares of the company. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the 4th quarter valued at $27,000. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc raised its position in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney in the fourth quarter worth about $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in Walt Disney during the fourth quarter worth about $34,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Company Profile

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.