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 Stock Up 2.2 %

DIS Stock traded up $2.73 during midday trading on Monday, hitting $124.30. The company's stock had a trading volume of 195,961 shares, compared to its average volume of 12,652,239. Walt Disney has a twelve month low of $90.23 and a twelve month high of $187.58. The stock has a market capitalization of $226.30 billion, a P/E ratio of 70.68, a PEG ratio of 1.54 and a beta of 1.25. The company's fifty day moving average price is $100.56 and its 200 day moving average price is $119.48. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.97.

Walt Disney (NYSE:DIS - Get Rating) last posted its quarterly earnings data on Wednesday, August 10th. The entertainment giant reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.10. The firm had revenue of $21.50 billion during the quarter, compared to the consensus estimate of $21.01 billion. Walt Disney had a net margin of 3.87% and a return on equity of 7.20%. The business's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 EPS. As a group, equities research analysts predict that Walt Disney will post 3.97 EPS for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Walt Disney from $175.00 to $160.00 and set an "overweight" rating on the stock in a report on Thursday. StockNews.com raised shares of Walt Disney from a "sell" rating to a "hold" rating in a report on Thursday. Evercore ISI reduced their target price on shares of Walt Disney from $150.00 to $130.00 in a research note on Wednesday, July 27th. Barclays decreased their target price on shares of Walt Disney from $130.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 14th. Finally, Credit Suisse Group lowered their target price on Walt Disney from $170.00 to $157.00 and set an "outperform" rating for the company in a research report on Thursday. Five research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $151.48.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 3,000 shares of the business's stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $119.03, for a total value of $357,090.00. Following the completion of the sale, the executive vice president now owns 28,624 shares of the company's stock, valued at approximately $3,407,114.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company's stock.