Walt Disney (DIS) PT Set at $100.00 by Sanford C. Bernstein

Walt Disney (NYSE:DIS) has been assigned a $100.00 target price by research analysts at Sanford C. Bernstein in a report released on Wednesday. The firm presently has a “hold” rating on the entertainment giant’s stock. Sanford C. Bernstein’s price objective would indicate a potential downside of 8.73% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the company. Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday. Edward Jones cut Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Wells Fargo & Company restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Friday, December 15th. Piper Jaffray Companies set a $125.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Friday, December 15th. Finally, Pivotal Research raised their price target on Walt Disney from $83.00 to $91.00 and gave the company a “sell” rating in a research report on Thursday, December 14th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $113.20.

Walt Disney (NYSE:DIS) opened at $109.57 on Wednesday. The stock has a market capitalization of $165,333.78, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 2.34 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney has a 52-week low of $96.20 and a 52-week high of $116.10.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS. equities analysts expect that Walt Disney will post 6.23 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of DIS. Parametric Portfolio Associates LLC boosted its stake in Walt Disney by 3.4% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 3,406,988 shares of the entertainment giant’s stock worth $335,827,000 after buying an additional 111,031 shares during the last quarter. Institutional & Family Asset Management LLC acquired a new stake in Walt Disney in the 3rd quarter worth about $253,000. Steward Partners Investment Advisory LLC acquired a new stake in Walt Disney in the 3rd quarter worth about $3,160,000. New Mexico Educational Retirement Board boosted its stake in Walt Disney by 5.5% in the 3rd quarter. New Mexico Educational Retirement Board now owns 142,620 shares of the entertainment giant’s stock worth $14,058,000 after buying an additional 7,400 shares during the last quarter. Finally, Coastline Trust Co boosted its stake in Walt Disney by 77.2% in the 3rd quarter. Coastline Trust Co now owns 21,725 shares of the entertainment giant’s stock worth $2,142,000 after buying an additional 9,465 shares during the last quarter. Hedge funds and other institutional investors own 61.39% of the company’s stock.

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Walt Disney Company Profile

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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