The shares of The Walt Disney Company (NYSE:DIS) has been pegged with a rating of Outperform by Imperial Capital in its latest research note that was published on November 27th, 2018. The research company has also assigned a $129 price target. Imperial Capital wasn’t the only research firm that published a report of The Walt Disney Company, with other equities research analysts also giving their opinion on the stock. Barclays advised investors in its research note published on October 19th, 2018, to Overweight the DIS stock. The stock had earned In-line rating from Imperial Capital when it published its report on August 9th, 2018. That day the Imperial Capital set price target on the stock to $112. The stock was given In-line rating by Imperial Capital in its report released on August 8th, 2018, the day when the price target on the stock was placed at $112. B. Riley FBR was of a view that DIS is Buy in its latest report on August 8th, 2018 while giving it a price target of $121. BofA/Merrill thinks that DIS is worth Buy rating. This was contained in the firm’s report on July 20th, 2018 in which the stock’s price target was also moved to $144.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $126.45. The price of the stock the last time has raised by 17.20% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 56.28.
The shares of the company added by 0.34% during the trading session on Thursday, reaching a low of $113.93 while ending the day at $114.48. During the trading session, a total of 17.6 million shares were traded which represents a -117.32% decline from the average session volume which is 8.10M shares. DIS had ended its last session trading at 114.09. The Walt Disney Company currently has a market cap of $170.96B, while its P/E ratio stands at 15.82, while its P/E earnings growth sits at 2.88, with a beta of 0.92. The Walt Disney Company debt-to-equity ratio currently stands at 0.41, while its quick ratio hovers at 0.90. DIS 52-week low price stands at $97.68 while its 52-week high price is $120.20.
The company in its last quarterly report recorded $1.84 earnings per share which is above the $1.55 predicted by most analysts. The The Walt Disney Company generated $15,303.00 million in revenue during the last quarter, which is slightly higher than the $15,142.40 million predicted by analysts. In the second quarter last year, the firm recorded $1.48 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 19.57%. The Walt Disney Company has the potential to record 7.24 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Credit Suisse published a research note on March 7th, 2019 where it informed investors and clients that PepsiCo, Inc. (NASDAQ:PEP) is now rated as Underperform. Barclays also rated PEP as Upgrade on October 19th, 2018, with its price target of $56 suggesting that PEP could surge by 1.91% from its current share price. Even though the stock has been trading at $116.58/share, analysts expect it to surge higher by -0.93% to reach $117.75/share. It started the day trading at $116.98 and traded between $115.45 and $115.50 throughout the trading session.
A look at its technical shows that PEP’s 50-day SMA is 112.65 while its 200-day SMA stands at 111.90. The stock has a high of $122.00 for the year while the low is $95.94. The company’s P/E ratio currently sits at 13.16, while the P/B ratio is 11.21. At the moment, only of PepsiCo, Inc. shares were sold short. The company’s average trading volume currently stands at 5.43M shares, which means that the short-interest ratio is just 1.45 days. Over the past seven days, the company moved, with its shift of -0.52%. Looking further, the stock has dropped -1.53% over the past 90 days while it gained 1.91% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more PEP shares, increasing its portfolio by +3.93% during the last quarter. This move now sees The Vanguard Group Inc purchasing 4,617,383 shares in the last quarter, thus it now holds 122,125,751 shares of PEP, with a total valuation of $14,122,621,846. BlackRock Fund Advisors meanwhile bought more PEP shares in the recently filed quarter, changing its stake to $7,634,260,000 worth of shares. SSgA Funds Management Inc followed the path by increasing its PEP portfolio by +1.36% in the quarter. This means that SSgA Funds Management Inc bought 852,692 shares in the last quarter and now controls 63,580,836 shares of the PEP stock, with the valuation hitting $7,352,487,875.
Similarly, Northern Trust Investments Inc increased its PepsiCo, Inc. shares by +3.19% during the recently filed quarter. After buying 623,727 shares in the last quarter, the firm now controls 20,185,841 shares of PepsiCo, Inc. which are valued at $2,334,290,653. In the same vein, Geode Capital Management LLC increased its PepsiCo, Inc. shares by during the most recent reported quarter. The firm bought 1,641,608 shares during the quarter which increased its stakes to 19,470,093 shares and is now valued at $2,251,521,555. Following these latest developments, around 0.10% of PepsiCo, Inc. stocks are owned by institutional investors and hedge funds.