Today, The Walt Disney’s (DIS) “Hold” Rating Reaffirmed at Jefferies Group

Today, The Walt Disney’s (DIS) “Hold” Rating Reaffirmed at Jefferies Group

Jefferies Group reissued their hold rating on shares of The Walt Disney Co. (NYSE:DIS) in a research note issued to investors on Wednesday morning. They currently have a $92.00 price target on the entertainment giant’s stock.

A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of The Walt Disney from a hold rating to a sell rating in a research note on Tuesday, July 12th. Morgan Stanley raised their price objective on shares of The Walt Disney from $100.00 to $105.00 and gave the company an equal weight rating in a research note on Thursday, July 14th. FBR & Co reaffirmed an outperform rating and issued a $111.00 price objective on shares of The Walt Disney in a research note on Tuesday, June 21st. Stifel Nicolaus cut shares of The Walt Disney from a buy rating to a hold rating and set a $110.00 price objective on the stock. in a research note on Wednesday, July 20th. They noted that the move was a valuation call. Finally, Brean Capital assumed coverage on shares of The Walt Disney in a research note on Wednesday, July 6th. They issued a hold rating and a $100.00 price objective on the stock. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $109.40.

Shares of The Walt Disney (NYSE:DIS) opened at 90.83 on Wednesday. The firm has a market capitalization of $145.97 billion, a P/E ratio of 16.32 and a beta of 1.25. The firm’s 50-day moving average is $92.79 and its 200 day moving average is $97.42. The Walt Disney has a 52 week low of $86.25 and a 52 week high of $120.65.

The Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.01. The Walt Disney had a net margin of 16.48% and a return on equity of 19.98%. The business had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.16 billion. During the same period in the prior year, the firm earned $1.45 earnings per share. The Walt Disney’s revenue was up 9.0% compared to the same quarter last year. Equities research analysts forecast that The Walt Disney will post $5.78 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. acquired a new stake in The Walt Disney during the second quarter worth $103,000. Balentine LLC raised its stake in The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares during the last quarter. Krilogy Financial LLC raised its stake in The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock worth $126,000 after buying an additional 61 shares during the last quarter. Cordasco Financial Network raised its stake in The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares during the last quarter. Finally, Opera Trading Capital acquired a new stake in The Walt Disney during the first quarter worth $158,000. Institutional investors and hedge funds own 57.96% of the company’s stock.

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