Stocks like Walt Disney Co [DIS] still have plenty of sunny days ahead

Stocks of Walt Disney Co (NYSE:DIS) traded higher last session on Wall Street, down -0.39% to $95.03.

DIS stock price is now 2.64% away from the 50-day moving average and -5.96% away from the 200-day moving average. The market capitalization of the company currently stands at $172.35B.

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With the price target of $95, Piper Sandler recently initiated with Neutral rating for Walt Disney Co (NYSE: DIS). , while ‘Seaport Research Partners’ rates the stock as ‘Buy’

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 $2.12 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 $218885472256, which is based on a 36.44 price-to-earnings ratio, a 2.48 price-to-earnings-growth ratio, and a beta of 1.40. The fifty day moving average price for DIS is $92.5832 and a two-hundred day moving average price translates $101.0506 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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