Walt Disney - DIS Stock Forecast, Price & News

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 broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures 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; licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; and provides consumer products, which include licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games. Further, it 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.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent analyst reports. Morgan Stanley decreased their price objective on shares of Walt Disney from $170.00 to $125.00 and set an "overweight" rating for the company in a research report on Thursday, June 30th. Barclays decreased their price target on Walt Disney from $130.00 to $120.00 and set an "equal weight" rating for the company in a report on Thursday, July 14th. Evercore ISI dropped their price objective on Walt Disney from $150.00 to $130.00 in a report on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft decreased their target price on Walt Disney from $191.00 to $130.00 in a research note on Monday, June 6th. Finally, KGI Securities started coverage on shares of Walt Disney in a research note on Monday, May 23rd. They issued an "outperform" rating and a $145.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nineteen have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $154.28.

Walt Disney Stock Performance

NYSE:DIS opened at $108.13 on Wednesday. The business's 50-day simple moving average is $100.10 and its 200-day simple moving average is $119.87. The firm has a market capitalization of $196.87 billion, a P/E ratio of 74.57, a P/E/G ratio of 1.28 and a beta of 1.25. Walt Disney has a 1-year low of $90.23 and a 1-year high of $187.58. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 1.01.

Walt Disney (NYSE:DIS - Get Rating) last released its quarterly earnings data on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.12). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. The business had revenue of $19.25 billion during the quarter, compared to analyst estimates of $20.25 billion. During the same period in the previous year, the company earned $0.79 EPS. Equities analysts predict that Walt Disney will post 3.93 EPS for the current year.