In yesterday’s Wall Street session, Walt Disney Co (NYSE:DIS) shares traded at $105.35, down -0.45% from the previous session.
DIS stock price is now -7.51% away from the 50-day moving average and 9.49% away from the 200-day moving average. The market capitalization of the company currently stands at $193.24B.
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On March 27, 2024, UBS reiterated its ‘Buy’ rating on the stock by increasing its target price from $120 to quote $140, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Coleman Sonia L, Sr. EVP and Chief HR Officer sold 4,400 shares of the company’s stock on May 09 ’24. The stock was sold for $466,400 at an average price of $106.00. Upon completion of the transaction, the Sr. EVP and Chief HR Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On May 08 ’24, Director GORMAN JAMES P bought 20,000 shares of the business’s stock. A total of $2,120,628 was incurred on buying the stock at an average price of $106.03. This leaves the insider owning 20,467 shares of the company worth $2.16 million. A total of 0.07% of the company’s stock is owned by insiders.
During the past 12 months, Walt Disney Co has had a low of $78.73 and a high of $123.74. As of last week, the company has a debt-to-equity ratio of 0.47, a current ratio of 0.69, and a quick ratio of 0.63.
According to the Entertainment Company, earnings per share came in at 1.03, beating analysts’ expectations of 0.95 by 0.08. This compares to $0.81 EPS in the same period last year. The net profit margin was 1.91% and return on equity was 1.72% for DIS. The company reported revenue of $22.08 billion for the quarter, compared to $21.82 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.23 percent. For the current quarter, analysts expect DIS to generate $23.07B in revenue.
