Traders Buy Walt Disney Company (The) (DIS) on Weakness

Traders bought shares of Walt Disney Company (The) (NYSE:DIS) on weakness during trading hours on Wednesday. $84.52 million flowed into the stock on the tick-up and $58.95 million flowed out of the stock on the tick-down, for a money net flow of $25.57 million into the stock. Of all companies tracked, Walt Disney Company (The) had the 31st highest net in-flow for the day. Walt Disney Company (The) traded down ($0.26) for the day and closed at $102.74

Several research analysts have recently commented on the company. Vetr lowered Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target for the company. in a research report on Thursday, July 27th. BidaskClub upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Credit Suisse Group restated an “outperform” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) set a $133.00 price target on Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Finally, Jefferies Group LLC restated a “hold” rating and set a $110.00 price target on shares of Walt Disney Company (The) in a research report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $112.56.

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 stock has a market capitalization of $158,580.00, a PE ratio of 18.03, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. During the same period last year, the company posted $1.10 earnings per share. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. analysts anticipate that Walt Disney Company will post 6.24 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the business. Lee Financial Co boosted its position in Walt Disney Company (The) by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after buying an additional 74 shares during the last quarter. Legacy Advisors LLC acquired a new stake in shares of Walt Disney Company (The) in the 3rd quarter valued at about $137,000. Malaga Cove Capital LLC acquired a new stake in shares of Walt Disney Company (The) in the 3rd quarter valued at about $140,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Walt Disney Company (The) in the 3rd quarter valued at about $142,000. Finally, Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Walt Disney Company (The) in the 1st quarter valued at about $144,000. 60.40% of the stock is owned by institutional investors.

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About Walt Disney Company (The)

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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