Walt Disney (NYSE:DIS) Sets New 1-Year Low at $91.68

The Walt Disney Company (NYSE:DISGet Rating) reached a new 52-week low on Wednesday . The stock traded as low as $91.68 and last traded at $93.22, with a volume of 63766 shares traded. The stock had previously closed at $93.29.

A number of research analysts have recently commented on DIS shares. Credit Suisse Group lowered their target price on Walt Disney from $218.00 to $170.00 in a research note on Thursday, May 12th. KGI Securities assumed coverage on Walt Disney in a report on Monday, May 23rd. They issued an “outperform” rating and a $145.00 target price for the company. Royal Bank of Canada cut their price objective on Walt Disney from $210.00 to $176.00 in a report on Thursday, May 12th. Deutsche Bank Aktiengesellschaft cut their price objective on Walt Disney from $191.00 to $130.00 in a report on Monday, June 6th. Finally, Moffett Nathanson cut their price target on Walt Disney from $165.00 to $150.00 and set a “neutral” rating for the company in a report on Monday, March 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $167.56.

The stock has a market cap of $171.69 billion, a P/E ratio of 65.03, a PEG ratio of 1.09 and a beta of 1.21. The business has a 50 day moving average price of $108.07 and a 200 day moving average price of $132.28. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 0.49.

Walt Disney (NYSE:DISGet Rating) last released its earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). Walt Disney had a net margin of 3.46% and a return on equity of 6.87%. During the same period in the prior year, the firm posted $0.79 EPS. On average, research analysts expect that The Walt Disney Company will post 4.03 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Syverson Strege & Co grew its stake in Walt Disney by 384.8% in the fourth quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock worth $25,000 after purchasing an additional 127 shares in the last quarter. Clear Perspectives Financial Planning LLC grew its stake in Walt Disney by 126.3% in the first quarter. Clear Perspectives Financial Planning LLC now owns 181 shares of the entertainment giant’s stock worth $25,000 after purchasing an additional 101 shares in the last quarter. Sandy Cove Advisors LLC bought a new position in Walt Disney in the fourth quarter worth approximately $27,000. Roble Belko & Company Inc grew its stake in Walt Disney by 96.2% in the first quarter. Roble Belko & Company Inc now owns 206 shares of the entertainment giant’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in Walt Disney in the first quarter worth approximately $29,000. 64.17% of the stock is currently owned by hedge funds and other institutional investors.

About Walt Disney (NYSE:DIS)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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