The Walt Disney Company (NYSE:DIS) registered a 1.15% increase, still its new closing price is 28.63% up from the company’s 1 year high of 109.49.It posted 1.52% gains in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 7 buy or better ratings. The 33 stock analysts following this company have an average price target at $112.85, with individual PT in the $85.00-$134.00 range. The shares moved at $109.30, implying that brokerage firms see shares gaining about 18.62% in twelve months time.
The Walt Disney Company (DIS) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.87% rise year to date. A EVP, Control, Fin Plan & Tax at The Walt Disney Company (DIS) offloaded shares in a transaction closed on Wednesday January 18, 2017. WOODFORD BRENT sold 1,728 shares in the company at $106.95 each and collected $184,001 in proceeds. WOODFORD BRENT now owns 26,118 shares in the company after this transaction. A EVP, Control, Fin Plan & Tax in the company, WOODFORD BRENT, disclosed a transaction on Friday January 06, 2017 that ended up generating $217,000 from the sale of 2,000 shares at $108.5 per share.
The Walt Disney Company (NYSE:DIS) Upcoming Results on Tap
The Walt Disney Company will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $1.71 in that period. Sales during the quarter are predicted to arrive at $16.16 billion.
Earnings surprise history: Last quarter, the company posted approximately $13.14 billion in revenue and EPS of $1.10. The mean forecast was for $13.51 billion and $1.16 a share, respectively. One quarter earlier, revenue for the stock was at $14.28 billion, with earnings at $1.62/share.
The Walt Disney Company (DIS) Brokerage Update
The Walt Disney Company (DIS) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Goldman, according to news reported on Tuesday January 17, 2017.Another important research note was issued by Pivotal Research Group on Thursday January 12, 2017.The firm downgraded DIS to Sell from Hold. Over the last six months and over the last three months, the shares of The Walt Disney Company (DIS), have changed 14.84% and 17.81%, respectively.