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

DIS opened at $109.11 on Tuesday. The stock has a market cap of $198.65 billion, a price-to-earnings ratio of 75.25, a PEG 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 current ratio of 1.06, a quick ratio of 1.01 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average price of $100.15 and a 200 day moving average price of $120.07.

Walt Disney (NYSE:DIS - Get Rating) last released its quarterly earnings data on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.20 by ($0.12). The firm had revenue of $19.25 billion for 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 business posted $0.79 EPS. Analysts forecast that Walt Disney will post 3.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Credit Suisse Group cut their price objective on Walt Disney from $218.00 to $170.00 in a report on Thursday, May 12th. Royal Bank of Canada lowered their target price on Walt Disney from $210.00 to $176.00 in a research note on Thursday, May 12th. JPMorgan Chase & Co. lowered their price objective on Walt Disney from $200.00 to $175.00 and set an "overweight" rating for the company in a research note on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft lowered their price objective on Walt Disney from $191.00 to $130.00 in a research note on Monday, June 6th. Finally, Truist Financial lowered their price objective on Walt Disney from $135.00 to $125.00 and set a "buy" rating for the company in a research note on Tuesday, July 26th. One 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 data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average price target of $154.28.