Walt Disney Co (NYSE:DIS) shares traded -0.67% lower at $92.20 on Wall Street last session.
In accordance with the data, 32 analysts cover 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 $105.00. Given the previous closing price of $92.82, this indicates a potential upside of 13.12 percent. DIS stock price is now 6.01% away from the 50-day moving average and 2.24% away from the 200-day moving average. The market capitalization of the company currently stands at $168.76B.
It has been rated a hold by 6 analysts and a buy by 20. Brokers who have rated the stock have averaged $103.08 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, Chang Amy, Director bought 1,078 shares of the company’s stock on Dec 07. The stock was bought for $99,918 at an average price of $92.69. Upon completion of the transaction, the Director now directly owns 6,216 shares in the company, valued at $0.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01, Sr. EVP and Chief HR Officer Coleman Sonia L sold 959 shares of the business’s stock. A total of $85,399 was realized by selling the stock at an average price of $89.05. This leaves the insider owning 961 shares of the company worth $88604.2. Insiders disposed of 112,205 shares of company stock worth roughly $10.35 million over the past 1 year. A total of 0.05% of the company’s stock is owned by insiders.
Walt Disney Co (NYSE: DIS) opened at $92.73 on Monday. 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 0.51, 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 $202.14B, which is based on a 71.66 price-to-earnings ratio, a 4.22 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for DIS is $86.97 and a two-hundred day moving average price translates $90.18 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 $0.76, beating analysts’ expectations of $0.65 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 $22.16B in revenue.
Walt Disney Co(DIS) Company Profile
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, Hulu, and Star+; sports-related entertainment services through ESPN, ESPN on ABC, ESPN+ DTC, and Star; sale/licensing of film and episodic content to third-party television and VOD services; theatrical, home entertainment, and music distribution services; DVD and Blu-ray discs, electronic home video licenses, and VOD rental services; staging and licensing of live entertainment events; and post-production services. In addition, the company operates theme parks and resorts comprising Walt Disney World Resort, Disneyland Resort, Disneyland Paris, Hong Kong Disneyland Resort, 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. It also licenses its intellectual property to a third party for operations of the Tokyo Disney Resort; licenses 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 company was founded in 1923 and is based in Burbank, California.
