Published On: Sat, Sep 10th, 2016

Investors Buy The Walt Disney Co. (DIS) on Weakness

Traders purchased shares of The Walt Disney Co. (NYSE:DIS) on weakness during trading hours on Friday. $204.88 million flowed into the stock on the tick-up and $158.90 million flowed out of the stock on the tick-down, for a money net flow of $45.98 million into the stock. Of all stocks tracked, The Walt Disney had the 10th highest net in-flow for the day. The Walt Disney traded down ($1.67) for the day and closed at $92.42
Several brokerages recently issued reports on DIS. Sanford C. Bernstein reissued a “market perform” rating on shares of The Walt Disney in a research note on Sunday, September 4th. FBR & Co reissued a “hold” rating on shares of The Walt Disney in a research note on Sunday, September 4th. Vetr raised The Walt Disney from a “buy” rating to a “strong-buy” rating and set a $106.81 price objective on the stock in a research note on Monday, August 29th. Jefferies Group reissued a “hold” rating on shares of The Walt Disney in a research note on Thursday, August 25th. Finally, Wells Fargo & Co. cut The Walt Disney to a “hold” rating in a research note on Thursday, August 25th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $109.99.
The stock’s 50 day moving average price is $95.76 and its 200 day moving average price is $98.41. The stock has a market cap of $148.53 billion, a P/E ratio of 16.61 and a beta of 1.28.

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The Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.01. The Walt Disney had a net margin of 16.48% and a return on equity of 19.98%. The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.16 billion. During the same period in the prior year, the business posted $1.45 earnings per share. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities research analysts expect that The Walt Disney Co. will post $5.79 EPS for the current year.
The Walt Disney Company Profile
The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

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