Walt Disney Company (The) (NYSE:DIS) Earns Buy Rating from Citigroup Inc.

Citigroup Inc. reiterated their buy rating on shares of Walt Disney Company (The) (NYSE:DIS) in a research report sent to investors on Wednesday, November 1st. Citigroup Inc. currently has a $119.00 price objective on the entertainment giant’s stock.

A number of other brokerages have also recently commented on DIS. BMO Capital Markets reiterated an underperform rating and issued a $90.00 price target (down from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. FBR & Co restated a hold rating and issued a $97.00 target price on shares of Walt Disney Company (The) in a research note on Friday, September 8th. BidaskClub downgraded Walt Disney Company (The) from a buy rating to a hold rating in a research note on Wednesday, August 9th. Guggenheim reiterated a buy rating and set a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, Credit Suisse Group reissued an outperform rating and set a $125.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Four investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have assigned a buy rating to the stock. Walt Disney Company (The) currently has an average rating of Hold and an average target price of $112.79.

Walt Disney Company (NYSE:DIS) traded up $0.30 on Wednesday, reaching $105.08. The company’s stock had a trading volume of 1,782,718 shares, compared to its average volume of 7,198,479. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. The firm has a market cap of $161,730.00, a price-to-earnings ratio of 18.38, a P/E/G ratio of 2.30 and a beta of 1.37. Walt Disney Company has a 12-month low of $95.78 and a 12-month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last issued 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). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The business had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. During the same quarter in the previous year, the firm posted $1.10 EPS. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. equities research analysts expect that Walt Disney Company will post 6.26 EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of DIS. Livingston Group Asset Management CO operating as Southport Capital Management grew its holdings in shares of Walt Disney Company (The) by 2.2% during the 1st quarter. Livingston Group Asset Management CO operating as Southport Capital Management now owns 12,808 shares of the entertainment giant’s stock worth $1,452,000 after purchasing an additional 272 shares during the period. ST Germain D J Co. Inc. grew its holdings in shares of Walt Disney Company (The) by 9.0% during the 1st quarter. ST Germain D J Co. Inc. now owns 9,788 shares of the entertainment giant’s stock worth $1,110,000 after purchasing an additional 808 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Walt Disney Company (The) by 3.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 351,669 shares of the entertainment giant’s stock worth $39,876,000 after purchasing an additional 12,582 shares during the period. Polaris Greystone Financial Group LLC grew its holdings in shares of Walt Disney Company (The) by 2.2% during the 1st quarter. Polaris Greystone Financial Group LLC now owns 178,350 shares of the entertainment giant’s stock worth $20,223,000 after purchasing an additional 3,807 shares during the period. Finally, 1ST Source Bank grew its holdings in shares of Walt Disney Company (The) by 0.4% during the 1st quarter. 1ST Source Bank now owns 92,219 shares of the entertainment giant’s stock worth $10,457,000 after purchasing an additional 362 shares during the period. 61.06% of the stock is owned by institutional investors.

Walt Disney Company (The) 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 Company (The) (NYSE:DIS)

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