Walt Disney (NYSE:DIS) posted its earnings results on Thursday. The entertainment giant reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.12, RTT News reports. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The business had revenue of $19.10 billion during the quarter, compared to the consensus estimate of $19.02 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. The firm’s revenue was up 33.6% on a year-over-year basis.
Shares of DIS stock opened at $137.96 on Friday. The stock has a market cap of $248.52 billion, a P/E ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96. Walt Disney has a 52 week low of $100.35 and a 52 week high of $147.15. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 0.38. The company’s fifty day simple moving average is $131.00 and its two-hundred day simple moving average is $136.12.
A number of equities research analysts have commented on DIS shares. Imperial Capital cut their target price on shares of Walt Disney from $140.00 to $139.00 and set an “in-line” rating for the company in a research report on Thursday, September 19th. JPMorgan Chase & Co. set a $150.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Co cut their target price on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a research report on Friday. Tigress Financial reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 26th. Finally, Sanford C. Bernstein set a $130.00 target price on shares of Walt Disney and gave the stock a “hold” rating in a research report on Thursday, September 12th. Seven investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $150.47.
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 cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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