There’s Something Awry at Walt Disney Co (NYSE:DIS) Since Share Price Gets Ahead of Fundamentals

The stock of Walt Disney Co (NYSE:DIS) last traded at $94.13, up 1.23% from the previous session.

DIS stock price is now 3.63% away from the 50-day moving average and -6.60% away from the 200-day moving average. The market capitalization of the company currently stands at $170.71B.

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On September 30, 2024, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $108, while ‘Morgan Stanley’ rates the stock as ‘Overweight’

In other news, MCDONALD CALVIN, Director bought 11,756 shares of the company’s stock on Aug 08 ’24. The stock was bought for $999,994 at an average price of $85.06. Upon completion of the transaction, the Director now directly owns 22,313 shares in the company, valued at $2.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’24, Sr. EVP and Chief HR Officer Coleman Sonia L sold 4,400 shares of the business’s stock. A total of $466,400 was realized by selling the stock at an average price of $106.00. A total of 0.06% of the company’s stock is owned by insiders.

During the past 12 months, Walt Disney Co has had a low of $79.23 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 0.66, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $217251086336, which is based on a 36.10 price-to-earnings ratio, a 2.46 price-to-earnings-growth ratio, and a beta of 1.40. The fifty day moving average price for DIS is $90.8292 and a two-hundred day moving average price translates $100.77865 for the stock.

The latest earnings results from Walt Disney Co (NYSE: DIS) was released for 2024-06-29. The net profit margin was 5.33% and return on equity was 4.82% for DIS. The company reported revenue of $23.16 billion for the quarter, compared to $22.33 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.69 percent.

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