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.

Walt Disney Price Performance

Shares of NYSE:DIS traded up $4.02 on Monday, reaching $110.65. 206,101 shares of the company were exchanged, compared to its average volume of 12,186,380. The firm has a market cap of $201.45 billion, a price-to-earnings ratio of 73.54, a price-to-earnings-growth 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 50-day moving average of $100.15 and a 200-day moving average of $120.34. The company has a current ratio of 1.06, a quick ratio of 1.01 and a debt-to-equity ratio of 0.49.

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

Analysts Set New Price Targets

DIS has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their price objective on shares of Walt Disney from $200.00 to $175.00 and set an "overweight" rating for the company in a report on Tuesday, April 19th. Morgan Stanley reduced 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. Truist Financial reduced their price objective on shares of Walt Disney from $135.00 to $125.00 and set a "buy" rating for the company in a research report on Tuesday, July 26th. Wolfe Research reduced their price objective on shares of Walt Disney from $211.00 to $128.00 and set an "outperform" rating for the company in a research report on Thursday, June 2nd. Finally, Barclays reduced their price objective on shares of Walt Disney from $130.00 to $120.00 and set an "equal weight" rating for the company in a research report on Thursday, July 14th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $154.28.