Walt Disney Co (NYSE:DIS) saw a downside of -0.30% to close Monday at $81.01 after subtracting -$0.24 on the day. The 5-day average trading volume is 14,220,340 shares of the company’s common stock. It has gained $84.79 in the past week and touched a new high 1 time within the past 5 days. An average of 15,627,500 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 16,970,066.
DIS’s 1-month performance is -1.77% or -$2.35 on its low of $79.75 reached on 09/07/23. The company’s shares have touched a 52-week low of $79.75 and high of $118.18, with the stock’s rally to the 52-week high happening on 02/09/23. YTD, DIS has lost -6.76% or -$5.87 and has reached a new high 15 times. However, the current price is down -31.45% from the 52-week high price.
Insider Transactions
DIS stock investors last saw insider trading activity on Aug 01.Coleman Sonia L (Sr. EVP and Chief HR Officer) most recently sold 959 shares at $89.05 per share on Aug 01. This transaction cost the insider $85,399. EVP, Control, Fin Plan & Tax, WOODFORD BRENT, sold 1,145 shares at a price of $99.16 on Apr 25. Then, on Mar 21, EVP, Control, Fin Plan & Tax WOODFORD BRENT sold 1,139 shares at a price of $95.21 per share. This transaction amounted to $108,444.
Valuation Metrics
DIS stock has a beta of 1.28. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.72 while the price-to-book (PB) in the most recent quarter is 1.52, with the price to cash flow ratio at 52.03.
Walt Disney Co’s quick ratio for the period ended June 29 was 0.92, with the current ratio over the same period at 0.98. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.46, while the total debt to equity was 0.48. In terms of profitability, the gross margin trailing 12 months is 25.72%. The trailing 12-month EBITDA margin is 14.45% while for the period ending June 29, Walt Disney Co’s operating margin was 7.13%. The firm’s gross profit as reported stood at $28.32 billion against revenue of $82.72 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 406.3% to -$460.0 million, while revenue of $1.27 billion was 376.3% off the previous quarter. Analysts expected DIS to announce $0.95 per share in earnings in its latest quarter, but it posted $1.03, representing a 8.40% surprise. EBITDA for the quarter stood at more than $1.33 billion. DIS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 101.73 billion, with total debt at $47.19 billion. Shareholders hold equity totaling $1.83 billion.
Let’s look briefly at Walt Disney Co (DIS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 36.34% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.47%.
The stock’s 5-day moving average is $81.90, reflecting a -4.72% or -$4.01 change from its current price. DIS is currently trading -2.82% above its 20-day SMA, -19.47% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.59% and SMA200 by-12.22%.
Stochastic %K and %D was 29.71% and 36.25% and the average true range (ATR) pointed at 1.72. The RSI (14) points at 38.96%, while the 14-day stochastic is at 19.57% with the period’s ATR at 1.70. The stock’s 9-day MACD Oscillator is pointing at -1.45 and -1.01 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Walt Disney Co (NYSE: DIS), BofA Securities reiterated its a Buy rating for the company but lifted their price target by $135 to $110. Analysts offering their rating for DIS stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate DIS as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 18 have offered a “buy” rating.
What is DIS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $65.00 and a high of $128.00, with their median price target at $110.00. Looking at these predictions, the average price target given by analysts is for Walt Disney Co (DIS) stock is $106.58.
