In the recent trading session, The Walt Disney Company (NYSE:DIS) shares lost -0.22% or -0.32 points to close at $144.3 with a thin trading volume of 3.264 million shares. It opened the trading session at $144.75, the shares rose to $144.75 and dropped to $143.39, the range by which the price of stock traded the whole session. The company now has a market cap of $261 billion and currently has 1.81 billion outstanding shares. The Walt Disney Company (DIS) stock has plunged -1.01 percent of market value in 21 trading days.
DIS stock’s trailing 3-year beta is 1, meaning there will be a lower rate of return, although posing a lower risk. The part of a firm’s profit given to each outstanding share of regular stock was $6.6 share in the trailing 52 weeks. The stock’s value fallen -0.01 percent year to date (YTD) compared to a rise of 28.21 percent in 52 week’s period. The firm’s shares are still trading -5.94 percent below its 1-year high of $153.41 and 34.45 percent up from 52-week low of $107.32. The average consensus ranking on the company is 2, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
The Walt Disney Company (DIS) is most likely going to rise 8.44 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $175 as 12-month high price target. This represents a whopping 21.28 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $160, which means a return possibility of 10.88 percent in comparison with the closing price of the stock of $144.3 in recent trading session. The lowest price set for the stock is $120 which is just above -16.84 percent from DIS share’s price at the end of session.
Past records have indicated that shares in The Walt Disney Company declined on 22 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings.
Let’s take a glimpse at some insider activity at The Walt Disney Company (NYSE:DIS) and observe the pattern. The earliest insider trade happened on 12/24/2019. BRAVERMAN ALAN N parted with a total of 5.31 thousand shares of the firm at average share price of $144.58. The total amount for the sale was set at $767.58 thousand. On completing this exchange, the Sr EVP, General Counsel & Secy account balance was 111.09 thousand shares. The stock lost -0.26 percent from that insider sale. On 12/24/2019, WOODFORD BRENT, EVP, Control, Fin Plan & Tax, did a sale of 0.84 thousand shares at a price of $144.74 per share. This got rid of 121.29 thousand shares from the insider’s fortune and the stock experienced a -0.37 percent retreat in price since the news became public. This exchange saw 35 thousand shares get out from the EVP, Control, Fin Plan & Tax account.
On 12/23/2019, Sr EVP, General Counsel & Secy BRAVERMAN ALAN N recorded a sale transaction valued at $454.06 thousand. The sale at $146.14 a share has eliminated 3.11 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed -1.33 percent decrease since the transaction reporting date. The company insider is left with 116.4 thousand shares remaining in the account. WOODFORD BRENT, who works as EVP, Control, Fin Plan & Tax at the company, performed a sale of 1.14 thousand shares in a transaction worth $166.45 thousand. The disposal recorded on 12/23/2019 was priced at $146.14 per share. The stock price plunged -1.33 percent since the transaction. WOODFORD BRENT currently holds a stake of 35.84 thousand in DIS stock which is worth $5.17 million after the insider selling.
The stock is lingering around the initial support level of $144.09. After this, the following support is at the zone of $143.55. Up until the time the DIS stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 47.79 on the daily chart, and this may be a cause for concern. In case the price goes below $143.55 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $145.33 level may cause a pull-back move approaching $146.03 mark.
The Walt Disney Company (DIS) shares are trading at a P/E ratio of 21.86 times earnings posted in the trailing 12 months. The industry DIS deals with has an average P/E of 47.96. Its P/B ratio is standing at 3.89X compared to the 9.64 industry average. It is additionally sporting a 3.33 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.92. The Walt Disney Company has a 39.6% gross profit margin, with its operating margin around 20.8%. Alongside this, the company’s net profit margin currently stands at 15.9%.