Market Movers

The Walt Disney Company’s Stock Price Soars to $109.12, Marking a Strong 6.23% Uptick

By November 15, 2024 No Comments

The Walt Disney Company (DIS)

109.12 USD +6.40 (+6.23%) Volume: 47.05M

The Walt Disney Company’s stock price is currently performing strongly at 109.12 USD, with a significant trading session increase of +6.23% and an impressive trading volume of 47.05M. With a year-to-date percentage change of +20.86%, Disney’s stock performance continues to attract investor interest.


Latest developments on The Walt Disney Company

Leading up to today’s stock price movements, The Walt Disney Company has been making headlines with a mix of positive and negative news. Despite potential CEO candidate criticism, Disney’s earnings have been powered by streaming services, successful film releases like ‘Deadpool & Wolverine’, and a rare three-year guidance outlook. The company has also announced the closure of the Hall of Presidents exhibit and faced activist investor Nelson Peltz’s comments about stock prices. However, with strong quarterly earnings, a successful media merger with Reliance, and exciting theme park announcements, Disney’s stock has surged, showing resilience in the face of challenges and uncertainty.


The Walt Disney Company on Smartkarma

Analysts on Smartkarma are providing bullish coverage on The Walt Disney Co, highlighting the company’s resilience amidst the pandemic. Value Investors Club notes that while Disney’s parks business has been impacted, strong pre-tax earnings offer protection for investors. They also point out the potential for long-term growth through a transition to a direct-to-consumer model. With the current share price at $89, there is an opportunity for investors to benefit from Disney’s evolving business model.

Other analysts like Value Punks and Baptista Research are also bullish on Disney, citing corporate victories and strong financial performance. Value Punks mentions Disney’s first streaming profit and securing the NBA’s “A Package,” while Baptista Research highlights revenue growth and steady performance in the theme parks segment. Overall, analysts are optimistic about Disney’s future prospects and the potential for growth in its streaming services and other business segments.


A look at The Walt Disney Company Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, The Walt Disney Co has a positive long-term outlook. With high scores in Growth and Value, the company is positioned well for future success. Their strong presence in media networks, studio entertainment, theme parks, consumer products, and interactive media bodes well for continued growth in the entertainment industry.

Although The Walt Disney Co may face some challenges in terms of Dividend and Resilience scores, their overall momentum remains steady. As a company that produces a wide range of entertainment content, including motion pictures, television programs, and musical recordings, they are well-positioned to adapt to changing consumer preferences and technological advancements in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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