The Walt Disney Company (NYSE: DIS) is 8.53% higher on its value in year-to-date trading and has touched a low of $84.07 and a high of $144.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DIS stock was last observed hovering at around $93.10 in the last trading session, with the day’s gains setting it 1.19% off its average median price target of $130.00 for the next 12 months. It is also 33.13% off the consensus price target high of $141.00 offered by 31 analysts, but current levels are -0.31% lower than the price target low of $94.00 for the same period.
Currently trading at $94.29, the stock is -5.36% and -7.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.91 million and changing 1.28% at the moment leaves the stock -7.05% off its SMA200. DIS registered -29.74% loss for a year compared to 6-month loss of -16.19%.
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The stock witnessed a -12.42% gain in the last 1 month and extending the period to 3 months gives it a -0.43%, and is -1.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 2.21% over the month.
The Walt Disney Company (DIS) has around 220000 employees, a market worth around $176.98B and $84.42B in sales. Current P/E ratio is 51.86 and Fwd P/E is 17.14. Profit margin for the company is 3.90%. Distance from 52-week low is 12.16% and -34.73% from its 52-week high. The company has generated returns on investments over the last 12 months (3.30%).
The Walt Disney Company (DIS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for The Walt Disney Company (DIS) is a “Buy”. 31 analysts offering their recommendations for the stock have an average rating of 2.00, where 6 rate it as a Hold and 2 think it is a “Overweight”. 23 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The Walt Disney Company is expected to release its quarterly report on 05/09/2023.The EPS is expected to grow by 57.80% this year
The Walt Disney Company (DIS) Top Institutional Holders
The shares outstanding are 1.82B, and float is at 1.82B with Short Float at 0.93%.
The Walt Disney Company (DIS) Insider Activity
A total of 75 insider transactions have happened at The Walt Disney Company (DIS) in the last six months, with sales accounting for 28 and purchases happening 47 times. The most recent transaction is an insider sale by WOODFORD BRENT, the company’s EVP, Control, Fin Plan & Tax. SEC filings show that WOODFORD BRENT sold 1,139 shares of the company’s common stock on Feb 21 at a price of $103.44 per share for a total of $0.12 million. Following the sale, the insider now owns 30908.0 shares.
The Walt Disney Company disclosed in a document filed with the SEC on Jan 24 that WOODFORD BRENT (EVP, Control, Fin Plan & Tax) sold a total of 1,139 shares of the company’s common stock. The trade occurred on Jan 24 and was made at $105.71 per share for $0.12 million. Following the transaction, the insider now directly holds 32047.0 shares of the DIS stock.
Still, SEC filings show that on Jan 12, McCarthy Christine M (SEVP & Chief Financial Officer) disposed off 42,533 shares at an average price of $98.46 for $4.19 million. The insider now directly holds 181,830 shares of The Walt Disney Company (DIS).
The Walt Disney Company (DIS): Who are the competitors?
The company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading 0.49% up over the past 12 months and Netflix Inc. (NFLX) that is -9.80% lower over the same period. Comcast Corporation (CMCSA) is -20.42% down on the 1-year trading charts.
