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

A number of analysts recently commented on DIS shares. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Walt Disney from $191.00 to $130.00 in a research note on Monday, June 6th. Citigroup reduced their price target on shares of Walt Disney from $165.00 to $145.00 and set a "buy" rating for the company in a research report on Thursday, July 7th. The Goldman Sachs Group reduced their price target on shares of Walt Disney from $148.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, July 26th. Barclays reduced their price target 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. Finally, Truist Financial reduced 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 report on Tuesday, July 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus target price of $154.28.

Walt Disney Price Performance

NYSE:DIS traded down $1.49 during trading hours on Friday, hitting $106.63. The company's stock had a trading volume of 10,099,976 shares, compared to its average volume of 9,700,552. 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 $194.13 billion, a PE ratio of 73.54, a PEG ratio of 1.28 and a beta of 1.24. The business's 50-day moving average is $100.15 and its two-hundred day moving average is $120.55. 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 (NYSE:DIS - Get Rating) last announced its quarterly earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share for the quarter, missing analysts' consensus estimates of $1.20 by ($0.12). Walt Disney had a net margin of 3.46% and a return on equity of 6.87%. The firm had revenue of $19.25 billion during the quarter, compared to analysts' expectations of $20.25 billion. During the same quarter in the prior year, the business earned $0.79 EPS. As a group, research analysts anticipate that Walt Disney will post 3.93 EPS for the current fiscal year.