Walt Disney (NYSE:DIS) PT Lowered to $125.00 at Morgan Stanley

Walt Disney (NYSE:DISGet Rating) had its target price decreased by Morgan Stanley from $170.00 to $125.00 in a research note published on Thursday morning, The Fly reports. Morgan Stanley currently has an overweight rating on the entertainment giant’s stock.

Other equities analysts have also issued research reports about the stock. KGI Securities began coverage on shares of Walt Disney in a research report on Monday, May 23rd. They set an outperform rating and a $145.00 target price on the stock. Barclays dropped their target price on shares of Walt Disney from $168.00 to $130.00 in a research report on Friday, May 13th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Walt Disney from $191.00 to $130.00 in a research report on Monday, June 6th. Truist Financial dropped their target price on shares of Walt Disney from $160.00 to $135.00 and set a buy rating on the stock in a research report on Thursday, June 2nd. Finally, KeyCorp decreased their price target on shares of Walt Disney from $216.00 to $151.00 in a research note on Thursday, May 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus target price of $165.76.

Shares of DIS opened at $96.14 on Thursday. The firm has a market cap of $175.04 billion, a PE ratio of 66.30, a PEG ratio of 1.14 and a beta of 1.23. The firm’s 50 day moving average price is $104.51 and its 200 day moving average price is $129.84. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.01 and a current ratio of 1.06. Walt Disney has a twelve month low of $92.01 and a twelve month high of $187.58.

Walt Disney (NYSE:DISGet Rating) last released its quarterly 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 quarter in the prior year, the business posted $0.79 earnings per share. On average, sell-side analysts anticipate that Walt Disney will post 3.99 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in DIS. First American Trust FSB raised its holdings in Walt Disney by 7.3% during the 1st quarter. First American Trust FSB now owns 41,833 shares of the entertainment giant’s stock worth $5,737,000 after purchasing an additional 2,852 shares during the last quarter. Northwest Investment Counselors LLC raised its holdings in Walt Disney by 1.0% during the 1st quarter. Northwest Investment Counselors LLC now owns 23,992 shares of the entertainment giant’s stock worth $3,291,000 after purchasing an additional 237 shares during the last quarter. Marietta Wealth Management LLC raised its holdings in Walt Disney by 9.3% during the 1st quarter. Marietta Wealth Management LLC now owns 53,573 shares of the entertainment giant’s stock worth $7,348,000 after purchasing an additional 4,566 shares during the last quarter. Everhart Financial Group Inc. bought a new stake in Walt Disney during the 1st quarter worth about $471,000. Finally, Avaii Wealth Management LLC raised its holdings in Walt Disney by 14.2% during the 1st quarter. Avaii Wealth Management LLC now owns 6,013 shares of the entertainment giant’s stock worth $825,000 after purchasing an additional 748 shares during the last quarter. 64.17% of the stock is owned by institutional investors and hedge funds.

About Walt Disney (Get Rating)

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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