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

Shares of NYSE:DIS traded up $3.88 during trading on Friday, reaching $121.57. The company had a trading volume of 21,964,785 shares, compared to its average volume of 12,776,028. The firm's fifty day moving average is $100.56 and its 200 day moving average is $119.69. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.01 and a current ratio of 1.02. The firm has a market capitalization of $221.63 billion, a PE ratio of 70.68, a price-to-earnings-growth ratio of 1.41 and a beta of 1.24. Walt Disney has a twelve month low of $90.23 and a twelve month high of $187.58.

Walt Disney (NYSE:DIS - Get Rating) last announced its earnings results on Wednesday, August 10th. The entertainment giant reported $1.09 EPS for the quarter, topping the consensus estimate of $0.99 by $0.10. Walt Disney had a return on equity of 7.20% and a net margin of 3.87%. The firm had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.01 billion. During the same quarter in the previous year, the company earned $0.80 earnings per share. The firm's quarterly revenue was up 26.5% compared to the same quarter last year. On average, equities analysts forecast that Walt Disney will post 3.93 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DIS. Evercore ISI decreased their target price on Walt Disney from $150.00 to $130.00 in a research report on Wednesday, July 27th. Wells Fargo & Company boosted their target price on shares of Walt Disney from $130.00 to $145.00 and gave the company an "overweight" rating in a research note on Thursday. Credit Suisse Group reduced their price target on shares of Walt Disney from $170.00 to $157.00 and set an "outperform" rating on the stock in a research report on Thursday. BMO Capital Markets lowered their price objective on shares of Walt Disney from $140.00 to $135.00 in a research report on Thursday, May 12th. Finally, Wolfe Research cut their target price on shares of Walt Disney from $211.00 to $128.00 and set an "outperform" rating on the stock in a report on Thursday, June 2nd. Five research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and an average price target of $151.48.

Insider Activity

In related news, EVP Brent Woodford sold 3,000 shares of Walt Disney stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $119.03, for a total transaction of $357,090.00. Following the transaction, the executive vice president now directly owns 28,624 shares of the company's stock, valued at $3,407,114.72. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.10% of the company's stock.