Walt Disney had its price objective reduced by equities researchers at Barclays from $168.00 to $130.00 in a research report issued on Friday, The Flys reports. Barclays‘s price objective indicates a potential upside of 24.63% from the stock’s current price.
Several other equities analysts also recently commented on the company. JPMorgan Chase & Co. cut their price objective on Walt Disney from $200.00 to $175.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 19th. BMO Capital Markets cut their price objective on Walt Disney from $140.00 to $135.00 in a research report on Thursday.
Tigress Financial reaffirmed a “buy” rating and issued a $229.00 price objective on shares of Walt Disney in a research report on Friday, April 1st. Truist Financial cut their price objective on Walt Disney from $200.00 to $160.00 and set a “buy” rating on the stock in a research report on Wednesday, March 16th. Finally, a website downgraded Walt Disney from a “hold” rating to a “sell” rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $175.65.
DIS opened at $104.31 on Friday. The stock’s fifty day moving average is $127.88 and its 200 day moving average is $144.31. Walt Disney has a fifty-two week low of $99.47 and a fifty-two week high of $187.58. The firm has a market capitalization of $189.91 billion, a PE ratio of 71.94, a PEG ratio of 1.05 and a beta of 1.21. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.05 and a current ratio of 1.10.
Walt Disney last released its quarterly earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.13). Walt Disney had a net margin of 4.22% and a return on equity of 6.26%. During the same period in the previous year, the business posted $0.79 EPS. Equities analysts forecast that Walt Disney will post 4.49 EPS for the current year.In other Walt Disney news, EVP Brent Woodford sold 226 shares of the stock in a transaction dated Thursday, March 10th. The stock was sold at an average price of $132.50, for a total value of $29,945.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission.
Company insiders own 0.10% of the company’s stock.
Large investors have recently made changes to their positions in the company. Dempze Nancy E raised its position in Walt Disney by 0.3% during the third quarter. Dempze Nancy E now owns 20,226 shares of the entertainment giant’s stock valued at $3,422,000 after acquiring an additional 58 shares in the last quarter. Baldwin Investment Management LLC raised its position in Walt Disney by 0.7% during the third quarter. Baldwin Investment Management LLC now owns 10,061 shares of the entertainment giant’s stock valued at $1,702,000 after acquiring an additional 65 shares in the last quarter. Cypress Asset Management Inc. TX raised its position in Walt Disney by 0.4% during the fourth quarter.
Cypress Asset Management Inc. TX now owns 19,913 shares of the entertainment giant’s stock valued at $3,084,000 after acquiring an additional 74 shares in the last quarter. Capital City Trust Co. FL raised its position in Walt Disney by 1.4% during the fourth quarter. Capital City Trust Co. FL now owns 5,507 shares of the entertainment giant’s stock valued at $853,000 after acquiring an additional 75 shares in the last quarter. Finally, American Research & Management Co. raised its position in Walt Disney by 6.6% during the fourth quarter. American Research & Management Co. now owns 1,216 shares of the entertainment giant’s stock valued at $188,000 after acquiring an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 64.17% of the company’s stock.
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