Nomura Gives Buy Rating to Walt Disney (DIS)
Walt Disney opened at 44.39 on Monday. Walt Disney has a 1-year low of $28.19 and a 1-year high of $45.80. The company has a market cap of $79.341 billion and a price-to-earnings ratio of 15.90.
Walt Disney last issued its quarterly earnings data on Tuesday, May 8th. The company reported $0.58 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.55 by $0.03. Walt Disney’s revenue was up 6.1% compared to the same quarter last year. On average, analysts predict that Walt Disney will post $0.70 earnings per share next quarter.
A number of other firms have also recently commented on DIS. Analysts at Stifel Nicolaus raised their price target on shares of Walt Disney to $50.00 in a research note to investors on Monday, May 14th. Separately, analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of Walt Disney in a research note to investors on Wednesday, May 9th. Finally, analysts at JPMorgan Chase (NYSE: JPM) reiterated an “overweight” rating on shares of Walt Disney in a research note to investors on Wednesday, May 9th.
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company.