Key Points
- Disney EVP Horacio Gutierrez sold 20,552 shares at an average of $120, totaling about $2.47 million. The sale was made under a pre-arranged Rule 10b5-1 plan; he retained 37,765 shares afterward.
- Disney reported quarterly EPS of $2.06, beating the $1.86 consensus, while revenue of $25.25 billion fell slightly short of estimates. Revenue rose 6.8% year over year.
- Analysts’ consensus rating was “Moderate Buy”, with an average price target of $128.16; 17 analysts rated the stock Buy, one Strong Buy, and three Hold.
The Walt Disney Company (NYSE:DIS - Get Free Report) EVP Horacio Gutierrez sold 20,552 shares of the business's stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $120.00, for a total value of $2,466,240.00. Following the transaction, the executive vice president directly owned 37,765 shares in the company, valued at $4,531,800. This trade represents a 35.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Walt Disney Price Performance
NYSE DIS opened at $116.72 on Friday. The stock has a market capitalization of $201.53 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 1.31 and a beta of 1.44. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 12-month low of $92.18 and a 12-month high of $120.80. The company has a 50 day moving average price of $108.05 and a two-hundred day moving average price of $103.68.
Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 EPS for the quarter, topping the consensus estimate of $1.86 by $0.20. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. The business had revenue of $25.25 billion during the quarter, compared to the consensus estimate of $25.39 billion. During the same quarter in the previous year, the firm posted $1.61 EPS. Walt Disney's revenue was up 6.8% compared to the same quarter last year. As a group, equities analysts predict that The Walt Disney Company will post 6.93 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Walt Disney
Several large investors have recently bought and sold shares of the stock. Guardian Wealth Management Inc. grew its holdings in Walt Disney by 1.0% in the 3rd quarter. Guardian Wealth Management Inc. now owns 13,660 shares of the entertainment giant's stock worth $1,433,000 after buying an additional 135 shares in the last quarter. Team Financial Group LLC acquired a new stake in shares of Walt Disney in the 3rd quarter valued at approximately $55,000. Putney Financial Group LLC acquired a new position in shares of Walt Disney during the third quarter worth approximately $34,000. Eads & Heald Wealth Management grew its holdings in Walt Disney by 8.2% during the 3rd quarter. Eads & Heald Wealth Management now owns 10,046 shares of the entertainment giant's stock valued at $1,054,000 after buying an additional 758 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its position in Walt Disney by 13.7% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,467 shares of the entertainment giant's stock valued at $259,000 after acquiring an additional 298 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on DIS. Barclays increased their price objective on Walt Disney from $110.00 to $115.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. Wall Street Zen lowered Walt Disney from a "buy" rating to a "hold" rating in a report on Saturday. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walt Disney in a research note on Monday, September 28th. Wells Fargo & Company lifted their price target on shares of Walt Disney from $125.00 to $132.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Finally, UBS Group set a $115.00 price target on shares of Walt Disney in a research report on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and an average price target of $128.16.
Check Out Our Latest Stock Report on Walt Disney
Key Stories Impacting Walt Disney
Here are the key news stories impacting Walt Disney this week:
- Positive Sentiment: Disney’s animated film Hexed is projected to generate $40 million–$50 million over the Thanksgiving box-office stretch. That forecast offers a possible theatrical boost, though it is an estimate rather than a result. Thanksgiving box-office projections
- Positive Sentiment: Walt Disney World is extending park hours for Thanksgiving week, a seasonal move that may help accommodate visitor demand and support park spending. Thanksgiving park hours
- Neutral Sentiment: EVP Brent Woodford sold 3,618 shares under a pre-arranged Rule 10b5-1 plan and still held 62,995 shares afterward, making the sale a limited signal about his outlook. SEC Form 4 filing
- Negative Sentiment: Reports say Disney is seeking savings of up to 20% and considering thousands of job cuts. Lower expenses could improve profitability if savings are achieved, but the scale of the reductions and employee uncertainty raise concerns about execution and possible effects on operations. Reports on planned cost savings and layoffs
- Negative Sentiment: A recent analysis says Netflix is pulling ahead of Disney, reinforcing concerns about competition in streaming. The article’s headline frames the issue as a potential buying opportunity, but the competitive gap remains a risk for Disney’s growth outlook. Analysis of Disney and Netflix competition
About Walt Disney
(
Get Free Report)
The Walt Disney Company is a global entertainment and media company whose businesses include film and television production, streaming, sports programming, and theme parks and resorts. Its brands and properties include Disney, Pixar, Marvel, Star Wars, ABC, and ESPN.
Disney produces and distributes films and television programs, operates streaming services including Disney+ and Hulu, and provides sports content through ESPN. Its Experiences business operates theme parks and resorts, cruise ships, and other travel and consumer experiences based on the company's characters and stories.
Founded in 1923 by Walt Disney and Roy O.
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