Walt Disney (DIS) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Walt Disney (NYSE: DIS):

• 5/19/2023 – Walt Disney was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $103.00 price target on the stock, down previously from $125.00.
• 5/18/2023 – Walt Disney is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 5/12/2023 – Walt Disney was downgraded by analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating.
• 5/12/2023 – Walt Disney had its price target lowered by analysts at Citigroup Inc. from $130.00 to $125.00.
• 5/11/2023 – Walt Disney had its price target lowered by analysts at Loop Capital from $130.00 to $125.00.
• 5/8/2023 – Walt Disney had its price target raised by analysts at Morgan Stanley from $115.00 to $120.00. They now have an “overweight” rating on the stock.
• 4/26/2023 – Walt Disney was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/24/2023 – Walt Disney had its price target raised by analysts at Wells Fargo & Company from $141.00 to $147.00.
• 4/18/2023 – Walt Disney was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 4/18/2023 – Walt Disney had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $130.00 to $135.00. They now have a “buy” rating on the stock.
• 4/14/2023 – Walt Disney had its price target lowered by analysts at Barclays PLC from $110.00 to $107.00. They now have an “equal weight” rating on the stock.
• 4/11/2023 – Walt Disney had its price target lowered by analysts at Guggenheim from $140.00 to $130.00. They now have a “buy” rating on the stock.
• 4/7/2023 – Walt Disney was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Walt Disney Stock Performance

DIS opened at $89.82 on Wednesday. The Walt Disney Company has a 12-month low of $84.07 and a 12-month high of $126.48. The company has a current ratio of 1.01, a quick ratio of 0.94 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $164.13 billion, a PE ratio of 39.92, a P/E/G ratio of 2.00 and a beta of 1.29. The firm has a 50 day moving average of $97.41 and a two-hundred day moving average of $97.78.

Walt Disney (NYSE:DIS – Get Rating) last released its quarterly earnings results on Wednesday, May 10th. The entertainment giant reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. Walt Disney had a net margin of 4.74% and a return on equity of 6.41%. The firm had revenue of $21.82 billion for the quarter, compared to analysts’ expectations of $21.82 billion. During the same quarter last year, the company earned $1.08 EPS. On average, analysts anticipate that The Walt Disney Company will post 3.84 EPS for the current year.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,145 shares of the business’s stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of $99.16, for a total value of $113,538.20. Following the sale, the executive vice president now directly owns 29,138 shares in the company, valued at approximately $2,889,324.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Institutional Trading of Walt Disney

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Walt Disney by 1.5% during the third quarter. Vanguard Group Inc. now owns 143,962,415 shares of the entertainment giant’s stock worth $13,579,975,000 after buying an additional 2,144,485 shares in the last quarter. Morgan Stanley raised its stake in shares of Walt Disney by 13.5% during the fourth quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock worth $4,011,473,000 after purchasing an additional 5,499,014 shares during the last quarter. Geode Capital Management LLC raised its position in Walt Disney by 2.1% in the first quarter. Geode Capital Management LLC now owns 32,495,462 shares of the entertainment giant’s stock worth $3,245,185,000 after acquiring an additional 671,806 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Walt Disney by 12.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,147,543 shares of the entertainment giant’s stock worth $2,358,578,000 after acquiring an additional 3,023,997 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC raised its position in Walt Disney by 109,924.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock worth $2,056,126,000 after acquiring an additional 23,644,765 shares in the last quarter. 62.22% of the stock is currently owned by hedge funds and other institutional investors.

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.