Why Today Is the Best Time to Buy The Walt Disney Company [DIS] Stock at $153.68

The Walt Disney Company [DIS] shares are up more than 4.08% this year and recently decreased -0.0% or -$0.46 to settle at $153.68. Analysts expect DIS to grow earnings at a 29.53% annual rate over the next 5 years. DIS has a short ratio of 1.73. This implies that the market is currently less bearish on the outlook for DIS.

On 3, December 2020, The Walt Disney Company to Webcast Investor Day 2020. According to news published on Yahoo Finance, The Walt Disney Company (NYSE: DIS) will webcast its Investor Day 2020 on December 10, 2020. The event, focused on the Company’s direct-to-consumer streaming services, is scheduled to begin at approximately 4:30 p.m. ET / 1:30 p.m. PT. The Investor Day is expected to last approximately four hours.

Analyst Birdseye View:

The most recent analyst activity for The Walt Disney Company [NYSE:DIS] stock was on October 13, 2020, when it was Upgrade with a Buy rating from Loop Capital, which also raised its 12-month price target on the stock to $150. Before that, on November 13, 2020, RBC Capital Mkts Recapitulated an Outperform rating and elevated its amount target to $170. On October 01, 2020, MoffettNathanson Reiterated a Neutral rating and boosted its price target on this stock from $118 to $136. On September 08, 2020, Deutsche Bank Upgrade a Buy rating and increased its price target from $128 to $163. On August 05, 2020, Guggenheim Upgrade a Buy rating and increased its price target to $140. On August 05, 2020, Credit Suisse Upgrade an Outperform rating and boosted its amount target on this stock to $146. On July 16, 2020, Cowen Downgrade a Market perform rating and decreased its target amount on this stock from $101 to $97. On July 13, 2020 Goldman Initiated a Buy rating and elevated its amount target to $137.

In the past 52 weeks of trading, this stock has oscillated between a low of $79.07 and a peak of $154.68. Right now, according to Wall Street analyst the average 12-month amount target is $152.78. At the most recent market close, shares of The Walt Disney Company [NYSE:DIS] were valued at $153.68. According to the average price forecast, investors can expect a potential return of 1.66%.

FUNDAMENTAL ANALYSIS

The Walt Disney Company [NYSE:DIS] most recently reported quarterly sales of 14.67 billion, which represented growth of -23.10%. This publicly-traded organization’s revenue is $320,813 per employee, while its income is -$13,951 per employee. This company’s Gross Margin is currently 32.90%, its Operating Margin is -3.00%, its Pretax Margin is -2.68, and its Net Margin is -4.35. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.43, -3.28, 2.31 and -2.13 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 42.71 and the whole liability to whole assets at 30.92. It shows enduring liability to the whole principal at 38.26 and enduring liability to assets at 0.28 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 152.67 points at 1st support level, the second support level is making up to 151.65. But as of 1st resistance point, this stock is sitting at 154.29 and at 154.89 for 2nd resistance point.

The Walt Disney Company [DIS] reported its earnings at -$0.2 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.7/share signifying the difference of 0.5 and 71.40% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.08 calling estimates for -$0.64/share with the difference of 0.72 depicting the surprise of 112.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for The Walt Disney Company [NYSE:DIS] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.67. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.40 and it’s amount to book ratio is 2.65.

Insider Stories

The most recent insider trade was by WOODFORD BRENT, EVP, Control, Fin Plan & Tax, and it was the sale of 5000.0 shares on Dec 02. Parker Mary Jayne, the SEVP and Chief HR Officer, completed a sale of 9731.0 shares on Dec 02. On Nov 24, Mucha Zenia B., SEVP & Chief Comms Officer, completed a sale of 5800.0 shares.