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 Trading Up 4.0 %

NYSE:DIS opened at $112.43 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $204.69 billion, a P/E ratio of 77.54, a P/E/G ratio of 1.28 and a beta of 1.25. Walt Disney has a 52-week low of $90.23 and a 52-week high of $187.58. The firm has a 50-day moving average price of $100.10 and a 200 day moving average price of $119.87.

Walt Disney (NYSE:DIS - Get Rating) last released its earnings results on Wednesday, August 10th. The entertainment giant reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.10. The company had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.01 billion. Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. The firm's quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 EPS. Equities research analysts expect that Walt Disney will post 3.93 EPS for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of recent analyst reports. Evercore ISI dropped their price objective on shares of Walt Disney from $150.00 to $130.00 in a research report on Wednesday, July 27th. Citigroup decreased their price target on Walt Disney from $165.00 to $145.00 and set a "buy" rating for the company in a report on Thursday, July 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on Walt Disney from $191.00 to $130.00 in a report on Monday, June 6th. Moffett Nathanson decreased their target price on Walt Disney to $120.00 in a research note on Friday, July 22nd. Finally, JPMorgan Chase & Co. dropped their price target on shares of Walt Disney from $200.00 to $175.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 19th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $153.24.