Walt Disney (DIS) Now Covered by Imperial Capital

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Equities research analysts at Imperial Capital initiated coverage on shares of Walt Disney (NYSE:DIS) in a research note issued to investors on Thursday. The firm set an “inline” rating and a $108.00 price target on the entertainment giant’s stock. Imperial Capital’s target price would indicate a potential upside of 3.89% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. ValuEngine upgraded Walt Disney from a “sell” rating to a “hold” rating in a research report on Friday, June 15th. Zacks Investment Research upgraded Walt Disney from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research report on Monday, June 18th. Loop Capital assumed coverage on Walt Disney in a research report on Thursday, March 15th. They issued a “buy” rating and a $130.00 target price on the stock. Pivotal Research downgraded Walt Disney from a “hold” rating to a “sell” rating and set a $93.00 target price on the stock. in a research report on Monday, June 18th. Finally, Vetr upgraded Walt Disney from a “buy” rating to a “strong-buy” rating and set a $113.13 target price on the stock in a research report on Friday, March 23rd. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $118.53.

NYSE:DIS opened at $103.96 on Thursday. Walt Disney has a 52 week low of $96.20 and a 52 week high of $113.19. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $155.01 billion, a price-to-earnings ratio of 18.24, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, May 8th. The entertainment giant reported $1.84 EPS for the quarter, beating the Zacks’ consensus estimate of $1.70 by $0.14. Walt Disney had a return on equity of 21.13% and a net margin of 20.16%. The company had revenue of $14.55 billion for the quarter, compared to the consensus estimate of $14.11 billion. During the same quarter in the previous year, the business earned $1.50 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. research analysts predict that Walt Disney will post 7.12 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Baldwin Brothers Inc. MA boosted its position in shares of Walt Disney by 5.6% during the 4th quarter. Baldwin Brothers Inc. MA now owns 9,004 shares of the entertainment giant’s stock worth $968,000 after acquiring an additional 477 shares in the last quarter. Bridge Creek Capital Management LLC boosted its position in shares of Walt Disney by 1.4% during the 4th quarter. Bridge Creek Capital Management LLC now owns 36,699 shares of the entertainment giant’s stock worth $3,945,000 after acquiring an additional 490 shares in the last quarter. Community Bank of Raymore boosted its position in shares of Walt Disney by 19.9% during the 4th quarter. Community Bank of Raymore now owns 2,948 shares of the entertainment giant’s stock worth $317,000 after acquiring an additional 490 shares in the last quarter. Baskin Financial Services Inc. boosted its position in shares of Walt Disney by 0.5% during the 4th quarter. Baskin Financial Services Inc. now owns 91,893 shares of the entertainment giant’s stock worth $9,879,000 after acquiring an additional 497 shares in the last quarter. Finally, Mutual of Omaha Bank Wealth Management boosted its position in shares of Walt Disney by 12.8% during the 4th quarter. Mutual of Omaha Bank Wealth Management now owns 4,407 shares of the entertainment giant’s stock worth $474,000 after acquiring an additional 500 shares in the last quarter. 63.46% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

Analyst Recommendations for Walt Disney (NYSE:DIS)

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