The stock of The Walt Disney Company (NYSE:DIS) decreased by -$0.6 on Friday to finish at $88.42, down -0.67 percent. The last five days have seen an average of 26,637,398 shares of common stock traded. 15 times new highs were reached in the current year, with a gain of $1.42. The average number of shares traded over the last 20 days was 18,415,504, while the average volume over the last 50 days totaled 15,795,190.
DIS stock dropped -0.23% since last month. On 07/25/23, the company’s shares reached a one-month low of $85.16. The stock touched a high of $126.48 on 02/09/23, after rallying from a low of $84.07 in 52 weeks. The price of DIS stock has risen by 1.77% or $1.42 this year, reaching a new high 15 times. Still, the stock price is down -30.09% from the 52-week high.
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Insider Transactions
DIS stock investors should be aware that The Walt Disney Company (DIS) stock had its last reported insider trading activity 13 days ago on Aug 01. On Aug 01, Sr. EVP and Chief HR Officer Coleman Sonia L sold 959 shares at $89.05 each. This transaction resulted in the insider making $85,399. On Apr 25, WOODFORD BRENT sold 1,145 shares at a price of US$99.16. After the transaction, the insider now owns 29,138 shares. EVP, Control, Fin Plan & Tax WOODFORD BRENT had earlier sold 1,139 shares on Mar 21 for $95.21 a share. The transaction was completed for $108,444.
Valuation Metrics
The Walt Disney Company (DIS) has a trailing price-to-earnings (P/E) ratio of 39.21. Beta for the stock is 1.27. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.91, the price-to-book (PB) ratio of 1.65, and the price-to-cash flow ratio of 1771.74.
Company paid $0.88 per share in dividends, remained unchanged from $0.88 last year.
Financial Health
For the three months ended June 29, The Walt Disney Company’s quick ratio was 0.90, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.46, and the total debt to equity ratio is 0.50. As far as profitability goes, gross margin for the trailing twelve months is 33.00% percent. The Walt Disney Company’s EBITDA margin for the year ended June 29 was 14.45%, whereas its operating margin stood at 7.20% for the same period. Based on annual data, it had gross profit of $28.32 billion and revenue of $82.72 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. DIS’s return on assets (ROA) during the last 12 months has been 1.60%. There was a 3.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 3.50%.
Earnings Surprise
According to The Walt Disney Company’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $22.33 billion, while revenues rose by 3.7% to $21.82 billion. It was predicted that The Walt Disney Company’s quarterly earnings would be $1.03, but it ended up being $0.95, beating the consensus by 8.40%. EBITDA was $1.33 billion for the quarter. At the end of The Walt Disney Company’s most recent quarter ended June 29, its liabilities totaled 101.73 billion, while its total debt was $47.19 billion. Equity owned by shareholders amounts to $1.83 billion.
Technical Picture
Here’s a quick look at The Walt Disney Company’s (DIS) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 51.68%, suggesting the stock is Neutral, with a 36.30% historical volatility rate.
The stochastic %K and %D were 61.43% and 64.75% respectively, while the average true range (ATR) was 2.15. Based on the 14-day stochastic reading of 42.37%, the RSI (14) reading is 50.68%. On the 9-day MACD Oscillator, the stock is at 1.96, and the 14-day reading is at 2.20.
Analyst Ratings
In a note to investors, Morgan Stanley maintained its an Overweight rating on The Walt Disney Company (NYSE: DIS). However, the firm raised their price target to $105, indicating a possible increase of 19.62% in the stock price. Analysts have assigned The Walt Disney Company (DIS) an Overweight rating. DIS is a stock that is recommended for selling by 1 brokerage firm, while 8 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 2 rates it overweight and 18 others recommend it as a buy.
What is DIS’s price target for the next 12 months?
The current consensus forecast for the stock is between $65.00 and $146.00, with a median target price of $110.00. In analyzing these forecasts, the average price target given by analysts for The Walt Disney Company (DIS) is $110.46.
