At the last check on Thursday, The Walt Disney Company’s (NYSE:DIS) stock was down -$0.37, moving down -0.44 percent to $83.91. The average number of shares traded per day over the past five days has been 11,359,903 shares. 2 times new highs have been achieved over the past 5 days, with a $1.45 gain in that time frame. In the last twenty days, the average volume was 16,471,387, while in the previous 50 days, it was 15,577,721.
Since last month, DIS stock retreated -2.77%. Shares of the company fell to $82.46 on 08/25/23, the lowest level in the past month. A 52-week high of $118.18 was reached on 02/09/23 after having rallying from a 52-week low of $82.46. Since the beginning of this year, DIS’s stock price has dropped by -3.42% or -$2.96, and marked a new high 15 times. However, the stock has declined by -29.00% since its 52-week high.
DIS stock investors should be aware that The Walt Disney Company (DIS) stock had its last reported insider trading activity 30 days ago on Aug 01. Coleman Sonia L, the Sr. EVP and Chief HR Officer of the company, disposed of 959 shares for $89.05 on Aug 01. It resulted in a $85,399 divestment by the insider. WOODFORD BRENT sold 1,145 shares at an average price of $99.16 on Apr 25. The insider now owns 29,138 shares following the transaction. On Mar 21, EVP, Control, Fin Plan & Tax WOODFORD BRENT sold 1,139 shares at $95.21 apiece. The transaction was valued at $108,444.
Valuation Metrics
Right now, The Walt Disney Company (DIS) has a P/E ratio of about 68.16. The stock’s beta is 1.28. Besides these, the trailing price-to-sales (P/S) ratio of 1.73, the price-to-book (PB) ratio of 1.57, and the price-to-cash flow ratio of 53.39 may also be considered.
The latest dividend of $0.88 per share was paid out, remained unchanged from last year’s $0.88.
Financial Health
In the three months ended June 30, The Walt Disney Company’s quick ratio stood at 1.00, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 30 was 0.46, and the total debt-to-equity ratio was 0.48. On the profitability front, the trailing twelve-month gross margin is 32.80% percent. In the year ended June 30, EBITDA margin amounted to 14.45%, whereas operating margins totaled 5.10%. Based on annual data, DIS earned $28.32 billion in gross profit and brought in $82.72 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.30%. Return on equity (ROE) for the past 12 months was 2.30%.
In The Walt Disney Company’s quarter-end financial report for June 30, it reported total debt of $44.54 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DIS’s revenue rose 3.7% to $21.82 billion during the quarter, while net income inched up to $22.33 billion. While analysts expected The Walt Disney Company to report $0.95 quarterly earnings, the actual figure was $1.03 per share, beating the consensus estimate by 8.40%. During the quarter, the company generated $1.33 billion in EBITDA. The liabilities of The Walt Disney Company were 101.73 billion at the end of its most recent quarter ended June 30, and its total debt was $47.19 billion. The value of shareholders’ equity is $1.83 billion.
Technical Picture
This quick technical analysis looks at The Walt Disney Company’s (DIS) price momentum. With a historical volatility rate of 22.14%, the RSI 9-day stood at 38.75% on 30 August.
With respect to its five-day moving average, the current The Walt Disney Company price is up by +1.76% percent or $1.45. At present, DIS shares trade -1.84% below its 20-day simple moving average and -16.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.32% below its SMA50 and -11.67% below its SMA200.
Stochastic coefficient K was 20.36% and Stochastic coefficient D was 18.09%, while ATR was 1.41. Given the Stochastic reading of 21.35% for the 14-day period, the RSI (14) reading has been calculated as 40.74%. As of today, the MACD Oscillator reading stands at -0.25, while the 14-day reading stands at -1.10.
Analyst Ratings
Credit Suisse reiterated its an Outperform rating on The Walt Disney Company (NYSE: DIS) in a note to investors. The analysts firm has however raised their price target to $122, representing a possible 33.4% increase in the stock price. The Walt Disney Company (DIS) has been rated Overweight by analysts. According to 2 brokerage firms, DIS is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate The Walt Disney Company stock as buy, with 18 recommending it as overweight.
With a median target price of $110.00, the current consensus forecast for the stock is $65.00 – $146.00. Based on these forecasts, analysts predict The Walt Disney Company (DIS) will achieve an average price target of $110.08.
