Stocks of Walt Disney Co (NYSE:DIS) traded higher last session on Wall Street, up 0.42% to $102.27.
DIS stock price is now -4.20% away from the 50-day moving average and 4.05% away from the 200-day moving average. The market capitalization of the company currently stands at $186.44B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $100, Redburn Atlantic recently Upgraded its rating from Sell to Neutral for Walt Disney Co (NYSE: DIS). , while ‘UBS’ rates the stock as ‘Buy’
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 $2.09 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 stock market information, the enterprise value for the company is $230617612288, which is based on a 110.80 price-to-earnings ratio, a 6.07 price-to-earnings-growth ratio, and a beta of 1.40. The fifty day moving average price for DIS is $106.4544 and a two-hundred day moving average price translates $98.39155 for the stock.
The latest earnings results from Walt Disney Co (NYSE: DIS) was released for 2024-03-30. 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.