The price of Walt Disney Co (NYSE:DIS) shares last traded on Wall Street rose 0.93% to $95.03.
Based on available information, 33 analysts follow Walt Disney Co (NYSE:DIS). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $120.00 and a low of $63.00, we find $106.95. Given the previous closing price of $94.15, this indicates a potential upside of 13.6 percent. DIS stock price is now 13.20% away from the 50-day moving average and 4.23% away from the 200-day moving average. The market capitalization of the company currently stands at $173.88B.
Among analysts, 6 rate the stock a hold while 22 rate it a buy. Brokers who have rated the stock have averaged $103.84 as their price target over the next twelve months.
With the price target reduced from $122 to $110, UBS maintained Buy rating for Walt Disney Co (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 $91323.83. 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 $2.77 million. Insiders disposed of 112,205 shares of company stock worth roughly $10.66 million over the past 1 year. A total of 0.05% of the company’s stock is owned by insiders.
During the past 12 months, Walt Disney Co has had a low of $78.73 and a high of $118.18. As of last week, the company has a debt-to-equity ratio of 0.47, a current ratio of 0.96, and a quick ratio of 0.89. According to the stock market information, the enterprise value for the company is $199.93B, which is based on a 74.09 price-to-earnings ratio, a 4.37 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for DIS is $83.95 and a two-hundred day moving average price translates $91.17 for the stock.
The latest earnings results from Walt Disney Co (NYSE: DIS) was released for Sep, 2023. According to the Entertainment Company, earnings per share came in at $0.75, beating analysts’ expectations of $0.64 by 0.11. This compares to $0.09 EPS in the same period last year. The net profit margin was 2.66% and return on equity was 2.42% for DIS. The company reported revenue of $21.24 billion for the quarter, compared to $20.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.41 percent. For the current quarter, analysts expect DIS to generate $21.9B in revenue.
Walt Disney Co(DIS) Company Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+; sale/licensing of film and television content to third-party television and subscription video-on-demand services; theatrical, home entertainment, and music distribution services; staging and licensing of live entertainment events; and post-production services by Industrial Light & Magic and Skywalker Sound. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort in Florida; Disneyland Resort in California; Disneyland Paris; Hong Kong Disneyland Resort; and Shanghai Disney Resort; Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney, as well as Aulani, a Disney resort and spa in Hawaii. Further, it licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; provides consumer products, including licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games; operates a direct-to-home satellite distribution platform; sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.