Disney is a entertainment company located in California, United States, which is part of the Communication Services sector, and is traded under the ticker DIS on the NYSE exchange.
Disney stock last closed at $111.58, up 0.7% from the previous day, and has increased 12.02% in one year. It has overperformed other stocks in the Entertainment industry by 0.01 percentage points. Disney stock is currently +41.72% from its 52-week low of $78.73, and -1.19% from its 52-week high of $112.92.
At the moment, there are 1.83B DIS shares outstanding. The market capitalization of DIS is $204.67B. In the last 24 hours, 11.63M DIS shares were traded.
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Once you have figured out the best place to buy Disney stock, it's crucial to analyze their stock prior to investing, so you can understand the risk and opportunity.
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on DIS's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge DIS's fair value.
Using relative valuations metrics:
You can access additional valuation research on DIS's stock here.
Out of 13 sell side analysts who monitor DIS, the consensus analyst rating on Disney is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Kannan Venkateshwar, a top 26% analyst from Barclays maintains DIS with a hold rating and raises their DIS price target from $88.00 to $95.00, on Feb 8, 2024.
Barclays's Kannan Venkateshwar raised their price target on Disney (NYSE: DIS) by 8% from $88 to $95 on 2024/02/08. The analyst maintained their Hold rating on the stock.
After taking in Disney's Q1 2024 earnings, reported on 2024/02/07, Venkateshwar hiked their price target because "the results were better than expected both in terms of operating income and free cash flow, largely driven by expenses coming in beating estimates, especially in the linear segment."
Looking ahead, the analyst cautioned that "management's announcements were meant to push back against the recent activist narrative but will need to be backed up with details and an execution path for sustained valuation credit."
For Q1 2024, Disney reported:
For Q2 2024:
For FY 2024:
CEO Robert A. Iger commented: “Just one year ago, we outlined an ambitious plan to return The Walt Disney Company to a period of sustained growth and shareholder value creation.
“Our strong performance this past quarter demonstrates we have turned the corner and entered a new era for our company, focused on fortifying ESPN for the future, building streaming into a profitable growth business, reinvigorating our film studios, and turbocharging growth in our parks and experiences.
“As we build for the future, the steps we are taking today lend themselves to solidifying Disney’s place as the preeminent creator of global content.
"Looking at the renewed strength of all of our businesses this quarter – from Sports, to Entertainment, to Experiences – we believe the stage is now set for significant growth and success, including ample opportunity to increase shareholder returns as our earnings and free cash flow continue to grow.”
Barton Crockett, a top 14% analyst from Rosenblatt maintains DIS with a strong buy rating and lowers their DIS price target from $114.00 to $112.00, on Dec 22, 2023.
Ric Prentiss, a bottom 4% analyst from Raymond James maintains DIS with a buy rating and raises their DIS price target from $93.00 to $101.00, on Nov 10, 2023.
Philip Cusick, a bottom 13% analyst from JP Morgan maintains DIS with a strong buy rating and lowers their DIS price target from $125.00 to $120.00, on Oct 10, 2023.
David Joyce, a top 18% analyst from Seaport Global initiates coverage on DIS with a buy rating and announces their DIS price target of $93.00, on Oct 6, 2023.
You can dive deeper into what analysts are forecasting on the Disney stock forecast page.
Last year, DIS earnings were $2.99B. In the past five year, DIS's earnings have increased by -25.9% per year. This was slower than the Entertainment industry average of 10.86%.
Last year, DIS revenue was $88.94B. During the past five year, DIS's revenue has gone up by 8.41% per year. This was slower than the Entertainment industry average of 14.83%.
Find out more about DIS's earnings and revenue performance here.
In the last year, executives and large shareholders at DIS have bought more shares than they have sold.
Brent Woodford, EVP Control Fin Plan Tax of DIS, was the latest DIS insider to sell. They sold $539,085.62 worth of DIS stock on Feb 15, 2024.
Get more info about who owns DIS stock here.
No, Disney doesn't provide an income stream by paying out dividends.
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To summarize, here are the 6 steps to buy Disney stock:
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