Walt Disney (DIS) Price Target Raised to $139.00 at Imperial Capital

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Walt Disney (NYSE:DIS) had its price objective boosted by stock analysts at Imperial Capital from $129.00 to $139.00 in a report released on Monday, Briefing.com Automated Import reports. The brokerage presently has an “outperform” rating on the entertainment giant’s stock. Imperial Capital’s target price indicates a potential upside of 6.87% from the stock’s current price.

Several other equities analysts have also recently weighed in on DIS. Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, April 2nd. Rosenblatt Securities reissued a “buy” rating and issued a $150.00 target price on shares of Walt Disney in a research note on Monday, April 8th. UBS Group set a $128.00 target price on shares of Walt Disney and gave the company a “buy” rating in a research note on Friday. Bank of America set a $144.00 target price on shares of Walt Disney and gave the company a “buy” rating in a research note on Friday. Finally, BMO Capital Markets raised their target price on shares of Walt Disney from $109.00 to $114.00 and gave the company a “market perform” rating in a research note on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $129.67.

NYSE DIS opened at $130.06 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. Walt Disney has a 12-month low of $97.68 and a 12-month high of $130.90. The company has a market capitalization of $193.89 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 3.22 and a beta of 0.91.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.27. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company had revenue of $15.30 billion for the quarter, compared to the consensus estimate of $15.20 billion. During the same period last year, the company earned $1.89 earnings per share. The firm’s revenue was down .3% compared to the same quarter last year. On average, analysts predict that Walt Disney will post 6.88 EPS for the current fiscal year.

In other news, EVP Brent Woodford sold 2,000 shares of Walt Disney stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $114.35, for a total transaction of $228,700.00. Following the completion of the sale, the executive vice president now owns 26,517 shares of the company’s stock, valued at $3,032,218.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Zenia B. Mucha sold 33,000 shares of Walt Disney stock in a transaction on Friday, April 12th. The stock was sold at an average price of $128.88, for a total value of $4,253,040.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 37,042 shares of company stock valued at $4,713,677. Company insiders own 0.36% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Walt Disney by 0.5% during the third quarter. Vanguard Group Inc. now owns 103,729,219 shares of the entertainment giant’s stock worth $12,130,095,000 after buying an additional 553,232 shares in the last quarter. Vanguard Group Inc raised its stake in Walt Disney by 0.5% in the third quarter. Vanguard Group Inc now owns 103,729,219 shares of the entertainment giant’s stock valued at $12,130,095,000 after purchasing an additional 553,232 shares in the last quarter. BlackRock Inc. raised its stake in Walt Disney by 6.5% in the fourth quarter. BlackRock Inc. now owns 92,790,946 shares of the entertainment giant’s stock valued at $10,174,527,000 after purchasing an additional 5,639,712 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in Walt Disney by 14,778.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 53,195,820 shares of the entertainment giant’s stock valued at $485,000 after purchasing an additional 52,838,274 shares in the last quarter. Finally, FMR LLC raised its stake in Walt Disney by 1.5% in the third quarter. FMR LLC now owns 26,397,731 shares of the entertainment giant’s stock valued at $3,086,951,000 after purchasing an additional 382,573 shares in the last quarter. 64.61% of the stock is owned by 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 businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Analyst Recommendations for Walt Disney (NYSE:DIS)

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