Walt Disney (NYSE:DIS) Given New $115.00 Price Target at Barclays

Walt Disney (NYSE:DIS) had its price target reduced by analysts at Barclays from $125.00 to $115.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the entertainment giant’s stock. Barclays‘s price target would indicate a potential upside of 40.97% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Prescient Securities decreased their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Macquarie reissued a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Morgan Stanley lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average price target of $125.75.

Walt Disney Stock Performance

Shares of DIS traded down $1.73 during mid-day trading on Tuesday, reaching $81.58. The company’s stock had a trading volume of 11,918,992 shares, compared to its average volume of 9,866,242. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. Walt Disney has a 1-year low of $80.10 and a 1-year high of $118.63. The business has a 50-day simple moving average of $105.08 and a two-hundred day simple moving average of $105.21. The stock has a market cap of $147.47 billion, a P/E ratio of 26.57, a PEG ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, equities research analysts anticipate that Walt Disney will post 5.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Farmers Trust Co. increased its holdings in Walt Disney by 1.1% in the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after purchasing an additional 92 shares during the period. Pathway Financial Advisors LLC increased its stake in shares of Walt Disney by 2.7% in the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock valued at $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC raised its position in shares of Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after acquiring an additional 92 shares during the last quarter. Saxon Interests Inc. lifted its stake in shares of Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock worth $380,000 after acquiring an additional 93 shares during the period. Finally, Onefund LLC boosted its holdings in Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.