UBS slashes price target on The Walt Disney Company [DIS] – find out why.

The Walt Disney Company [NYSE: DIS] plunged by -$3.24 during the normal trading session on Friday and reaching a high of $193.85 during the day while it closed the day at $187.67. The company report on February 12, 2021 that The Walt Disney Company Reports First Quarter Earnings for Fiscal 2021.

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The Walt Disney Company (NYSE: DIS) reported earnings for its first fiscal quarter ended January 2, 2021. Diluted earnings per share (EPS) from continuing operations for the quarter decreased 98% to $0.02 from $1.17 in the prior-year quarter. Excluding certain items,(1) diluted EPS for the quarter decreased 79% to $0.32 from $1.53 in the prior-year quarter. Results in the quarter ended January 2, 2021 were adversely impacted by the novel coronavirus (COVID-19). The most significant impact was at the Disney Parks, Experiences and Products segment where since late in the second quarter of fiscal 2020, our parks and resorts have been closed or operating at significantly reduced capacity and our cruise ship sailings have been suspended.

“We believe the strategic actions we’re taking to transform our Company will fuel our growth and enhance shareholder value, as demonstrated by the incredible strides we’ve made in our DTC business, reaching more than 146 million total paid subscriptions across our streaming services at the end of the quarter,” said Bob Chapek, Chief Executive Officer, The Walt Disney Company. “We’re confident that, with our robust pipeline of exceptional, high-quality content and the upcoming launch of our new Star-branded international general entertainment offering, we are well-positioned to achieve even greater success going forward.”.

The Walt Disney Company stock has also gained 3.59% of its value over the past 7 days. However, DIS stock has inclined by 36.17% in the 3 months of the year. Over the past six months meanwhile, it has gained 43.30% and gained 3.58% year-on date.

The market cap for DIS stock reached $346.36 billion, with 1.81 billion shares outstanding and 1.81 billion shares in the current float. Compared to the average trading volume of 12.14M shares, DIS reached a trading volume of 27233776 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about The Walt Disney Company [DIS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DIS shares is $188.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DIS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for The Walt Disney Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 22, 2021. The new note on the price target was released on December 14, 2020, representing the official price target for The Walt Disney Company stock. Previously, the target price had yet another raise to $175, while Truist analysts kept a Buy rating on DIS stock. On December 09, 2020, analysts increased their price target for DIS shares from 155 to 182.

The Average True Range (ATR) for The Walt Disney Company is set at 5.04, with the Price to Sales ratio for DIS stock in the period of the last 12 months amounting to 5.30. The Price to Book ratio for the last quarter was 4.04, with the Price to Cash per share for the same quarter was set at 9.25.

DIS stock trade performance evaluation

The Walt Disney Company [DIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.59. With this latest performance, DIS shares gained by 6.56% in over the last four-week period, additionally plugging by 43.30% over the last 6 months – not to mention a rise of 33.19% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DIS stock in for the last two-week period is set at 63.32, with the RSI for the last a single of trading hit 64.23, and the three-weeks RSI is set at 62.95 for The Walt Disney Company [DIS]. The present Moving Average for the last 50 days of trading for this stock 173.16, while it was recorded at 189.28 for the last single week of trading, and 136.16 for the last 200 days.

The Walt Disney Company [DIS]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Walt Disney Company [DIS] shares currently have an operating margin of +5.49 and a Gross Margin at +24.49. The Walt Disney Company’s Net Margin is presently recorded at -4.35.

Return on Total Capital for DIS is now 2.31, given the latest momentum, and Return on Invested Capital for the company is -2.13. Return on Equity for this stock declined to -3.28, with Return on Assets sitting at -1.43. When it comes to the capital structure of this company, The Walt Disney Company [DIS] has a Total Debt to Total Equity ratio set at 74.56. Additionally, DIS Total Debt to Total Capital is recorded at 42.71, with Total Debt to Total Assets ending up at 30.92. Long-Term Debt to Equity for the company is recorded at 66.79, with the Long-Term Debt to Total Capital now at 38.26.

Reflecting on the efficiency of the workforce at the company, The Walt Disney Company [DIS] managed to generate an average of -$13,951 per employee. Receivables Turnover for the company is 4.62 with a Total Asset Turnover recorded at a value of 0.33.The Walt Disney Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for The Walt Disney Company [DIS] stock

With the latest financial reports released by the company, The Walt Disney Company posted 0.6/share EPS, while the average EPS was predicted by analysts to be reported at 0.88/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -31.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DIS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Walt Disney Company go to 48.53%.

The Walt Disney Company [DIS]: Insider Ownership positions

There are presently around $216,238 million, or 65.40% of DIS stock, in the hands of institutional investors. The top three institutional holders of DIS stocks are: VANGUARD GROUP INC with ownership of 145,755,712, which is approximately -0.662% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 115,219,426 shares of the stock with an approximate value of $21.62 billion in DIS stocks shares; and STATE STREET CORP, currently with $13.96 billion in DIS stock with ownership of nearly -1.749% of the company’s market capitalization.

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Positions in The Walt Disney Company stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 1,506 institutional holders increased their position in The Walt Disney Company [NYSE:DIS] by around 63,414,468 shares. Additionally, 1,299 investors decreased positions by around 37,194,356 shares, while 245 investors held positions by with 1,051,614,402 shares. The mentioned changes placed institutional holdings at 1,152,223,226 shares, according to the latest SEC report filing. DIS stock had 360 new institutional investments in for a total of 11,782,625 shares, while 71 institutional investors sold positions of 3,421,358 shares during the same period.

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