The price of The Walt Disney Company (NYSE:DIS) shares last traded on Wall Street rose 0.96% to $84.16.
Based on available information, 30 analysts follow The Walt Disney Company (NYSE:DIS). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $146.00 and a low of $65.00, we find $110.00. Given the previous closing price of $83.36, this indicates a potential upside of 31.96 percent. DIS stock price is now -4.07% away from the 50-day moving average and -11.19% away from the 200-day moving average. The market capitalization of the company currently stands at $152.35B.
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Among analysts, 8 rate the stock a hold while 18 rate it a buy. Brokers who have rated the stock have averaged $110.08 as their price target over the next twelve months.
With the price target reduced from $126 to $122, Credit Suisse maintained Outperform rating for The Walt Disney Company (NYSE: DIS).
In other news, Coleman Sonia L, Sr. EVP and Chief HR Officer sold 959 shares of the company’s stock on Aug 01. The stock was sold for $85,399 at an average price of $89.05. Upon completion of the transaction, the Sr. EVP and Chief HR Officer now directly owns 961 shares in the company, valued at $80877.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 25, EVP, Control, Fin Plan & Tax WOODFORD BRENT sold 1,145 shares of the business’s stock. A total of $113,538 was realized by selling the stock at an average price of $99.16. This leaves the insider owning 29,138 shares of the company worth $2.45 million. Insiders disposed of 112,189 shares of company stock worth roughly $9.44 million over the past 1 year. A total of 0.06% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DIS stock. A new stake in The Walt Disney Company shares was purchased by QUBE RESEARCH & TECHNOLOGIES LTD during the first quarter worth $131,805,000. PORTSIDE WEALTH GROUP, LLC invested $97,624,000 in shares of DIS during the first quarter. In the first quarter, TWO SIGMA INVESTMENTS, LP acquired a new stake in The Walt Disney Company valued at approximately $43,585,000. UNISUPER MANAGEMENT PTY LTD acquired a new stake in DIS for approximately $33,474,000. GTS SECURITIES LLC purchased a new stake in DIS valued at around $31,664,000 in the second quarter. In total, there are 3,886 active investors with 65.00% ownership of the company’s stock.
During the past 12 months, The Walt Disney Company has had a low of $82.46 and a high of $118.37. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 1.10, and a quick ratio of 1.00. According to the stock market information, the enterprise value for the company is $188.26B, which is based on a 68.37 price-to-earnings ratio, a 3.40 price-to-earnings-growth ratio, and a beta of 1.28. The fifty day moving average price for DIS is $87.56 and a two-hundred day moving average price translates $94.69 for the stock.
The latest earnings results from The Walt Disney Company (NYSE: DIS) was released for Jun, 2023. According to the Entertainment Company, earnings per share came in at $0.95, beating analysts’ expectations of $0.88 by 0.07. This compares to $0.77 EPS in the same period last year. The net profit margin was 2.60% and return on equity was 2.30% for DIS. The company reported revenue of $22.33 billion for the quarter, compared to $21.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.84 percent. For the current quarter, analysts expect DIS to generate $19.8B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 01/16/2020. Investors who held shares on 12/16/2019 were paid a $0.88 dividend.
