The Walt Disney Company (NYSE:DIS) to Post Q4 2024 Earnings of $1.14 Per Share, Seaport Res Ptn Forecasts

The Walt Disney Company (NYSE:DIS) – Analysts at Seaport Res Ptn dropped their Q4 2024 earnings per share (EPS) estimates for Walt Disney in a research note issued to investors on Monday, September 30th. Seaport Res Ptn analyst D. Joyce now forecasts that the entertainment giant will post earnings per share of $1.14 for the quarter, down from their prior estimate of $1.17. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Walt Disney’s current full-year earnings is $4.92 per share. Seaport Res Ptn also issued estimates for Walt Disney’s Q2 2025 earnings at $1.16 EPS, FY2025 earnings at $5.18 EPS and FY2026 earnings at $6.41 EPS.

Other analysts have also issued reports about the company. Loop Capital lowered their price objective on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft lowered their price objective on Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Macquarie reduced their target price on Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, September 19th. Moffett Nathanson reduced their target price on Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, July 2nd. Finally, UBS Group reduced their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Four analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.43.

Walt Disney Price Performance

Shares of DIS stock opened at $94.05 on Tuesday. The stock has a 50-day moving average price of $90.50 and a 200 day moving average price of $100.98. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The firm has a market cap of $171.46 billion, a price-to-earnings ratio of 102.23, a PEG ratio of 1.53 and a beta of 1.40. Walt Disney has a 12 month low of $78.73 and a 12 month high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The company’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $1.03 earnings per share.

Insider Activity

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the business’s stock in a transaction dated Thursday, August 8th. The shares were acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now directly owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Walt Disney

Institutional investors have recently bought and sold shares of the company. ESL Trust Services LLC bought a new stake in Walt Disney in the 1st quarter valued at approximately $31,000. William B. Walkup & Associates Inc. bought a new stake in Walt Disney in the 2nd quarter valued at approximately $32,000. Red Tortoise LLC lifted its stake in Walt Disney by 141.4% in the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock valued at $45,000 after acquiring an additional 215 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $37,000. Finally, O Brien Wealth Partners LLC acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $51,000. Institutional investors own 65.71% of the company’s stock.

About Walt Disney

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.