Walt Disney (DIS) Set to Announce Earnings on Thursday

Walt Disney (NYSE:DIS) is scheduled to be posting 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $101.02 on Wednesday. The business has a 50 day moving average of $94.11 and a 200 day moving average of $96.73. Walt Disney has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a market cap of $183.21 billion, a PE ratio of 38.63, a P/E/G ratio of 1.58 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Piper Sandler started coverage on shares of Walt Disney in a report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price target on the stock. Raymond James restated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Evercore ISI lifted their price target on shares of Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday. Morgan Stanley lowered their price objective on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Finally, UBS Group dropped their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Four investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $119.14.

Walt Disney Company Profile

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.