The Walt Disney Company (DIS) stock last traded at $96.46 and lots of rating firms seem to have a target price set on the stock. The median 12-month price target of 29 analysts covering the company is $108, which suggests the stock could still gain more than 12 percent. The highest analyst price target is $130, which implies a gain of 35 percent. And roundups of analyst notes show that 13 are rating the stock a buy while 5 rate DIS a strong buy. There are 14 equity research firms suggesting a Hold and 1 consider it Sell.
RBC Capital Mkts analysts issued their verdict on The Walt Disney Company recently. The rating firm gave a Sector Perform rating to this stock in a research note on 08/04/2016. It received a stock rating upgrade from Piper Jaffray on 03/03/2016. In a note to investors, the firm issued a Overweight rating. The analysts previously had Neutral rating on the stock. According to a research note published on 26/01/2016, analysts at Atlantic Equities have lowered their rating on the company stock from Overweight to Neutral.
The Walt Disney Company (DIS) Insider Activity
Several executives took part in recent insider activity for the stock. Its EVP, Control, Fin Plan & Tax WOODFORD BRENT sold 1000 company shares for $99300, in a transaction on 07/03/2016. Following the transaction, the EVP, Control, Fin Plan & Tax is left with a stake of 31844 shares, currently valued at $3071672.24. Meanwhile, SVP, Planning and Control WOODFORD BRENT divested 1000 shares worth $97300, through a transaction dated 01/03/2016. Following the completion of the transaction, the insider is left with a stake of 32844 shares, amounting $3168132.24. DIS SVP, Planning and Control, WOODFORD BRENT also disposed of 1000 shares, at a stock price of $95.26. This transaction occurred on 25/02/2016 totals $95300. After this transaction, the insider’s stake stands at 33844 shares, with a market value of $3264592.24.
Insiders own 0.1 percent of the stock. IGER ROBERT A is one of the largest insider shareholders in The Walt Disney Company, according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 1262045 shares which have current market value of around $121736860.7. STAGGS THOMAS O is another major inside shareholder in the company. The insider owns 122609 shares as of 18/01/2016, currently worth $11826864.14. BRAVERMAN ALAN N is ranked as third insider holder of the stock. This insider holds 155485 shares with a market value around $14998083.1 as of recent close.
The Walt Disney Company Earnings Overview
In The Walt Disney’s most recent quarter, EPS grew 28.35 percent to $1.63 from $1.27 a year earlier and revenues increased to $15.24B from $13.51B. Analysts had expected The Walt Disney Company to report earnings of about $1.45 per share on $14.74B in revenue. Looking forward, analysts on average predict that earnings for the current quarter would come in between $1.3 and $1.54. That is compared with the $1.23 in earnings per share it reported during the same period last year.
Source: Zergwatch