Piper Sandler has recently initiated Walt Disney Co (DIS) stock to Neutral rating, as announced on October 16, 2024, according to Finviz. Earlier, on October 1, 2024, Raymond James had reduced the stock from a Outperform to Mkt Perform. Seaport Research Partners also raised Buy rating with a price target of $108. Additionally, Seaport Research Partners reduced Neutral rating on August 8, 2024. Morgan Stanley analysts, in their report published on August 5, 2024, also reiterated Overweight rating and set a price target of $130 for Walt Disney Co’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Walt Disney Co (DIS) Stock Trading Recap
On Monday, Walt Disney Co (DIS) stock saw a decline, ending the day at $96.62 which represents a decrease of $-0.66 or -0.68% from the prior close of $97.28. The stock opened at $97.2 and touched a low of $95.95 during the day, reaching a high of $97.45. The volume of shares traded was 8.17 million falling short of the average volume of 10.43 million.
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DIS Stock Performance and Moving Averages
In recent trading, Walt Disney Co (DIS) stock price has shown some volatility, fluctuating 1.74% over the last five trades and 3.06% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -13.72%, and it has gained 6.25% in the previous three months. Currently, DIS is trading at 2.03%, 5.20%, and -4.28% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, DIS, a Communication Services sector stock, is trading -21.92% below its 52-week high but remains 21.95% above its 52-week low. The Average True Range (ATR) (14 days) of 1.79 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Walt Disney Co’s Profitability and Valuation Ratios
Walt Disney Co’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 12.32% and a profit margin of 5.33%, with a gross margin of -13.72%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Walt Disney Co’s market capitalization stands at $175.23 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 37.05, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 18.63. Additionally, the Price-to-Sales Ratio is 1.95, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.74, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.06% of Walt Disney Co (DIS)’s shares, while financial institutions hold 69.27%.
Notable insider trades include Coleman Sonia L, Sr. EVP and Chief HR Officer at Walt Disney Co (DIS), who sold 4400 shares on May 09 ’24, at $106 each, totaling $0.47 million. On Apr 01 ’24, Coleman Sonia L, Sr. EVP and Chief HR Officer, sold 1857 shares for $121.92 each, amounting to $0.23 million. Additionally, on Feb 15 ’24, WOODFORD BRENT sold 4792 shares at $112.5 each, generating $0.54 million.
