The Walt Disney (NYSE:DIS) Price Target Raised to $210.00

The Walt Disney (NYSE:DIS) had its price target boosted by JPMorgan Chase & Co. from $175.00 to $210.00 in a research report sent to investors on Monday morning, The Fly reports.

Other research analysts also recently issued reports about the stock. UBS Group upped their target price on shares of The Walt Disney from $166.00 to $192.00 and gave the company a buy rating in a research report on Friday, December 11th. KeyCorp increased their price target on shares of The Walt Disney from $177.00 to $182.00 in a research report on Friday, December 11th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their price target on shares of The Walt Disney from $150.00 to $175.00 and gave the company a buy rating in a research report on Wednesday, December 2nd. Smith Barney Citigroup increased their price target on shares of The Walt Disney from $150.00 to $175.00 in a research report on Wednesday, December 2nd. Finally, Truist initiated coverage on shares of The Walt Disney in a research report on Thursday, December 10th. They issued a buy rating and a $175.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty-four have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of $159.17.

The Walt Disney stock opened at $176.12 on Monday. The company has a current ratio of 1.32, a quick ratio of 1.26 and a debt-to-equity ratio of 0.60. The Walt Disney has a 1 year low of $79.07 and a 1 year high of $183.40. The company has a market cap of $318.86 billion, a PE ratio of -110.77, a PEG ratio of 4.37 and a beta of 1.16. The company’s 50-day moving average is $168.29 and its two-hundred day moving average is $136.87.

The Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 12th. The entertainment giant reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The Walt Disney had a negative net margin of 4.38% and a positive return on equity of 4.05%. The company had revenue of $14.71 billion for the quarter, compared to the consensus estimate of $14.10 billion. During the same period in the prior year, the company posted $1.07 EPS. The company’s revenue was down 23.1% compared to the same quarter last year. Research analysts forecast that The Walt Disney will post 2.05 EPS for the current year.

In related news, CEO Robert A. Chapek sold 9,537 shares of the firm’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $140.00, for a total value of $1,335,180.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Zenia B. Mucha sold 797 shares of the firm’s stock in a transaction on Wednesday, December 23rd. The shares were sold at an average price of $172.96, for a total transaction of $137,849.12. Following the completion of the transaction, the executive vice president now directly owns 20,634 shares of the company’s stock, valued at $3,568,856.64. The disclosure for this sale can be found here. Insiders have sold a total of 128,903 shares of company stock valued at $20,128,600 over the last ninety days. Company insiders own 0.31% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Eudaimonia Partners LLC grew its stake in shares of The Walt Disney by 0.6% in the third quarter. Eudaimonia Partners LLC now owns 12,789 shares of the entertainment giant’s stock valued at $173,000 after buying an additional 70 shares in the last quarter. Platform Technology Partners grew its stake in shares of The Walt Disney by 0.9% in the third quarter. Platform Technology Partners now owns 9,090 shares of the entertainment giant’s stock valued at $1,128,000 after buying an additional 81 shares in the last quarter. Dempze Nancy E grew its stake in shares of The Walt Disney by 0.4% in the third quarter. Dempze Nancy E now owns 21,435 shares of the entertainment giant’s stock valued at $2,660,000 after buying an additional 95 shares in the last quarter. Schulhoff & Co. Inc. lifted its holdings in The Walt Disney by 1.1% during the 3rd quarter. Schulhoff & Co. Inc. now owns 8,491 shares of the entertainment giant’s stock valued at $1,053,000 after purchasing an additional 95 shares during the last quarter. Finally, Resonant Capital Advisors LLC lifted its holdings in The Walt Disney by 0.8% during the 3rd quarter. Resonant Capital Advisors LLC now owns 12,592 shares of the entertainment giant’s stock valued at $1,562,000 after purchasing an additional 98 shares during the last quarter. 57.46% of the stock is owned by institutional investors and hedge funds.

The Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight domestic television stations.

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Analyst Recommendations for The Walt Disney (NYSE:DIS)

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