BMO Capital Markets Increases Walt Disney (DIS) Price Target to $95.00

Walt Disney (NYSE:DIS) had its price objective lifted by BMO Capital Markets from $90.00 to $95.00 in a research report report published on Thursday morning. The firm currently has a positive rating on the entertainment giant’s stock.

A number of other brokerages have also recently commented on DIS. Jefferies Group reiterated a hold rating and issued a $112.00 target price on shares of Walt Disney in a research report on Wednesday. Pivotal Research increased their target price on shares of Walt Disney from $83.00 to $91.00 and gave the company a sell rating in a research report on Thursday, December 14th. B. Riley increased their target price on shares of Walt Disney from $122.00 to $125.00 and gave the company a buy rating in a research report on Wednesday. Morgan Stanley reduced their target price on shares of Walt Disney from $130.00 to $120.00 and set an overweight rating for the company in a research report on Tuesday, October 31st. Finally, Piper Jaffray Companies reiterated a buy rating and issued a $120.00 target price on shares of Walt Disney in a research report on Wednesday, November 22nd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. Walt Disney has an average rating of Buy and an average price target of $118.63.

Shares of Walt Disney (NYSE DIS) opened at $103.09 on Thursday. The company has a market cap of $155,013.95, a PE ratio of 14.62, a PEG ratio of 1.80 and a beta of 1.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.74. Walt Disney has a 12-month low of $96.20 and a 12-month high of $116.10.

Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.28. The business had revenue of $15.35 billion during the quarter, compared to analysts’ expectations of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.55 earnings per share. sell-side analysts anticipate that Walt Disney will post 6.8 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in DIS. Lourd Capital LLC boosted its stake in shares of Walt Disney by 1.5% in the second quarter. Lourd Capital LLC now owns 4,240 shares of the entertainment giant’s stock valued at $451,000 after purchasing an additional 64 shares during the period. Nwam LLC boosted its stake in shares of Walt Disney by 9.5% in the second quarter. Nwam LLC now owns 8,418 shares of the entertainment giant’s stock valued at $894,000 after purchasing an additional 729 shares during the period. Lee Financial Co boosted its stake in shares of Walt Disney by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the period. Lyell Wealth Management LP boosted its stake in shares of Walt Disney by 9.5% in the second quarter. Lyell Wealth Management LP now owns 21,730 shares of the entertainment giant’s stock valued at $2,309,000 after purchasing an additional 1,881 shares during the period. Finally, Grandfield & Dodd LLC boosted its stake in shares of Walt Disney by 20.8% in the second quarter. Grandfield & Dodd LLC now owns 86,811 shares of the entertainment giant’s stock valued at $9,224,000 after purchasing an additional 14,932 shares during the period. Institutional investors and hedge funds own 61.58% of the company’s stock.

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About Walt Disney

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.

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