Walt Disney (NYSE:DIS - Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect Walt Disney to post earnings of $1.09 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm's revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 earnings per share. On average, analysts expect Walt Disney to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Walt Disney Trading Up 0.1 %
NYSE:DIS traded up $0.05 on Thursday, reaching $98.94. 7,797,401 shares of the stock traded hands, compared to its average volume of 10,738,473. The firm has a market capitalization of $179.44 billion, a price-to-earnings ratio of 38.07, a price-to-earnings-growth ratio of 1.52 and a beta of 1.40. The company's 50 day moving average is $93.54 and its 200-day moving average is $97.12. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Walt Disney from $135.00 to $125.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a "hold" rating to a "strong-buy" rating in a report on Monday, September 30th. Loop Capital cut their price target on Walt Disney from $139.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, July 30th. Piper Sandler initiated coverage on Walt Disney in a report on Wednesday, October 16th. They set a "neutral" rating and a $95.00 price target on the stock. Finally, UBS Group cut their price target on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $118.05.
View Our Latest Analysis on DIS
About Walt Disney
(
Get Free Report)
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
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