The Walt Disney Company (NYSE:DIS) stock is currently pricing at roughly $114.37. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 27 analysts covering the company at $124.00. That suggests shares of the stock may have another 8 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $134.00, which would imply another 83 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 16 “Buy” ratings in place. At the same time, 4 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 10 equity research analyst firms call this stock a “Hold” and 1 consider it bad enough to warrant a “Sell” rating.
Analysts at Loop Capital took a look at DIS shares in a research note released on Apr 24, 2017, and issued a Hold rating to this company. Guggenheim analysts provided their own take on company recently as well. In a research note published on Mar 14, 2017,the house assigned a Buy rating to this stock. According to a piece that hit the wires on Jan 30, 2017, researchers at Morgan Stanley reconsidered their prior rating on the stock, and upped it from Equal-Weight Perform to Overweight.
The Walt Disney Company (DIS) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 1.16 percent of the stock.
If we take a more granular look, Mr. Steven P. Jobs is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 138,000,007 shares, representing a total current market value of roughly $15783060800.59. Michael D. Eisner is another major player among company insiders, currently holding 13,954,813 shares as of 0.88%, carrying a current market value of $1596011962.81. Mr. Robert A. Iger is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 1,345,187 shares, valued at around $153849037.19 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-04-18, the company’s EVP, Control, Fin Plan & Tax WOODFORD BRENT sold 2,000 company shares for 229000. That means, once accounting for this transaction, the EVP, Control, Fin Plan & Tax is left with a stake of 26,118 shares, carrying a current total market value of $2987116. In addition, by means of a transaction dated 2017-02-21, Director LEWIS AYLWIN B sold 1,893 shares worth $208290. After that transaction, this investor is left with a total holding of 76,685 shares, representing a total investment value of $8770463.45. We also noted a 2017-01-30 transaction in which DIS EVP, Control, Fin Plan & Tax WOODFORD BRENT sold 2,000 shares at a stock price of $110.5, carrying a total value of $221000, after which, this insider’s investment stands at 26,118 shares, with an overall financial value of $2987116.
The Walt Disney Company (NYSE:DIS) Earnings View
In the company’s last quarter, DIS EPS moved to $1.55 from $1.10 compared sequentially with the prior quarter. Revenues for the company came in at $14.78BM. This stacks up against $13.14BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $1.49 per share on $15.26BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $1.33 to $1.56. On a year-over-year basis, that compares with an EPS comp of $1.36.