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.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research analyst reports. BMO Capital Markets reduced their price objective on Walt Disney from $140.00 to $135.00 in a report on Thursday, May 12th. The Goldman Sachs Group upped their price target on shares of Walt Disney from $130.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday. Rosenblatt Securities raised their price target on shares of Walt Disney from $124.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday. Truist Financial decreased their price target on shares of Walt Disney from $135.00 to $125.00 and set a "buy" rating for the company in a research note on Tuesday, July 26th. Finally, Credit Suisse Group cut their price target on shares of Walt Disney from $170.00 to $157.00 and set an "outperform" rating for the company in a report on Thursday. Five research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $151.48.

Walt Disney Stock Up 4.7 %

Shares of NYSE:DIS opened at $117.69 on Friday. The company's fifty day moving average is $100.17 and its 200-day moving average is $119.82. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.01 and a current ratio of 1.06. Walt Disney has a 52 week low of $90.23 and a 52 week high of $187.58. The company has a market capitalization of $214.27 billion, a PE ratio of 81.17, a P/E/G ratio of 1.30 and a beta of 1.24.

Walt Disney (NYSE:DIS - Get Rating) last issued its quarterly earnings data on Wednesday, August 10th. The entertainment giant reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.10. Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. The business had revenue of $21.50 billion during the quarter, compared to analyst estimates of $21.01 billion. During the same period in the previous year, the firm earned $0.80 EPS. Walt Disney's quarterly revenue was up 26.5% compared to the same quarter last year. Equities research analysts predict that Walt Disney will post 3.93 earnings per share for the current fiscal year.