In yesterday’s Wall Street session, Walt Disney Co (NYSE:DIS) shares traded at $115.87, down -0.71% from the previous session.
DIS stock price is now 10.81% away from the 50-day moving average and 26.35% away from the 200-day moving average. The market capitalization of the company currently stands at $212.54B.
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With the price target maintained at $120, Needham recently Upgraded its rating from Hold to Buy for Walt Disney Co (NYSE: DIS). On October 16, 2023, UBS reiterated its ‘Buy’ rating on the stock by increasing its target price from $122 to quote $110, while ‘Seaport Research Partners’ rates the stock as ‘Buy’
In other news, WOODFORD BRENT, EVP, Control, Fin Plan & Tax sold 4,792 shares of the company’s stock on Feb 15 ’24. The stock was sold for $539,087 at an average price of $112.50. Upon completion of the transaction, the EVP, Control, Fin Plan & Tax now directly owns 38,493 shares in the company, valued at $4.46 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 02 ’24, Sr. EVP and Chief HR Officer Coleman Sonia L sold 898 shares of the business’s stock. A total of $80,919 was realized by selling the stock at an average price of $90.11. This leaves the insider owning 1,861 shares of the company worth $0.22 million. A total of 0.07% 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 $117.36. As of last week, the company has a debt-to-equity ratio of 0.47, a current ratio of 0.79, and a quick ratio of 0.73. According to the stock market information, the enterprise value for the company is $253.04B, which is based on a 71.17 price-to-earnings ratio, a 4.15 price-to-earnings-growth ratio, and a beta of 1.41. The fifty day moving average price for DIS is $105.10 and a two-hundred day moving average price translates $91.82 for the stock.
The latest earnings results from Walt Disney Co (NYSE: DIS) was released for Dec, 2023. According to the Entertainment Company, earnings per share came in at $1.12, beating analysts’ expectations of $0.91 by 0.21. This compares to $0.74 EPS in the same period last year. The net profit margin was 3.37% and return on equity was 3.03% for DIS. The company reported revenue of $23.55 billion for the quarter, compared to $23.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.16 percent. For the current quarter, analysts expect DIS to generate $20.31B in revenue.
