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Walt Disney Co. (DIS-N)
769 watching
NYSE:DIS
92.55
0.40
(0.43%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Dec 8, 2022, 9:03 pm
0
BUY
Always resisted the idea of the superstar CEO, but in this case they might be right. Fan of the new guy. The last one was a disaster. Big comeback from Covid in live concerts, parks, and cruises. Streaming has a vast library. Looks cheap. A lot of moving parts.
entertainment services
$92.410
Unknown
TRADE
Down 38%. New-old CEO brings lots of experience to effect an operational turnaround. Parks business is OK, China is opening up. Real challenge is the media business, costs are increasing, on track to lose 4B this year and 2-3B in 2023. Transitioning ESPN from cable to streaming is also a challenge. High quality, great brands. Somewhat attractive at current levels, but not tons of upside. (Analysts’ price target is $129.00)
entertainment services
TOP PICK
Gaining market share in direct-to-consumer streaming. Trouble making Disney+ profitable, but the old-new CEO should change things around. Parks and resorts should improve. Studio segment looks pretty good. Down 50% from highs, compelling value. No dividend. (Analysts’ price target is $130.97)
entertainment services
BUY
Allan Tong’s Discover Picks No surprise that investors and sent shares soaring 6.29% the next day on the Iger news. Shares flirted with $100, but remain a long way from the peaks of $155 exactly a year ago. To be fair, most momentum stocks with any technology angle have plunged in this time frame, but Disney’s fall has been particularly painful. The street is looking to Iger to exercise fiscal restraint (Wall Street talk for cutting costs) and bolster revenue, even if recession is threatening the wider economy. Read 3 Momentum Stocks to Switch Out for our full analysis.
entertainment services
HOLD
He wasn't surprised by Chapek's demise at CEO. Chapek had a dismal track record of over-promising and under-delivering. Iger's return surprises him, but he hopes he can repair Disney. To be fair, Chapek took over right before Covid hit, but he figured over time he could turn things around given Disney's strong franchises. Chapek seemed oblivious to the company's woes. Disney paid far too much for 21st Century Fox under Iger, but Chapek didn't know what to do with those acquisitions. Chaprek was really a theme park guy in a streaming business. It's not clear what Iger will do to turn around Disney, but he's holding on for better days. Iger needs to say that profitability, not subscriber growth, is priority. That said, things could turn around quickly. Stick with Disney under this new leader.
entertainment services
PAST TOP PICK
(A Top Pick Nov 16/21, Down 42%) Market concerned on streaming business capital expenditures.
Profit recover post Covid-19 not happening as quickly as anticipated.
Content expenses very high and not coming down.
Business should turn around in 2023.
Still owns stock in the company and will continue to hold.
Theme park attendance strong, but inflation creating difficult margin growth
entertainment services
PAST TOP PICK
(A Top Pick Nov 02/21, Down 46%) 41% of revenue comes from parks, and these are not full steam ahead yet. Good job on media content. Cashflow will go down a fair bit this year, next year expected to be 6.8B. Balance sheet looks good, can get better if cut costs. 21x earnings. Great brand. He'd buy here.
entertainment services
DON'T BUY
His long-term charts over 35 years show 3 distinct phases. Early phase grew quickly, second one slowed down but still OK. Third phase is flattening. Balance sheet isn't going anywhere. Valuations will follow growth rates. Price to book has fallen steadily. Streaming competition pressures margins. Too early to invest.
entertainment services
BUY on WEAKNESS
Better valued here around $100, streaming continues to do well. Though streaming's off the pandemic boil, DIS has a diversified foundation. Good opportunity of possible sports gambling option. On his short list. He'd buy in high $80s or low 90s.
entertainment services
HOLD
Believes company is great and has good prospects.
Worried about macro risks affecting company.
Recession would be bad for travel and theme park use.
Streaming business is strong and will grow.
entertainment services
PAST TOP PICK
(A Top Pick Nov 11/21, Down 34%) Recently added to position and will continue to hold.
Likes company and believes has excellent prospects going forward.
Disney has fasted growing streaming business in the world.
Theme parks will continue to see rise in attendance.
Lots of room for expansion of franchises.
Sees lots of upside and is expecting a double in share price.
entertainment services
BUY on WEAKNESS
Successful pivot into streaming good for the business.
Challenges with cable subscriptions.
Large amount of package.
Waiting for shares to fall before buying.
Unsure on prospects for business the next 2-3 years.
Would prefer owning shares in Netflix.
entertainment services
BUY
Shares down on market recent selloff. Good time to buy. Strong content with years of entertainment value. Theme parks will grow as people travel after Covid-19. Streaming service will continue to grow. Good long term business and believes in future of business.
HOLD
Prefers NFLX for the entertainment portion. Parks are great assets, but not making money now. Tough time on Disney+. Stopped dividend. Balance sheet not as good as it was. Not a screaming buy, but if you own it, long term you'll do fine.
entertainment services
TOP PICK
World-recognized. Gaining market share in direct-to-consumer streaming. Disney+ is doing well. Total subscriber base rivals NFLX, which is astounding given that NFLX has been around longer. Parks and resorts expected to rebound nicely. Studio segment content will help. Shares down 50%, good value. No dividend. (Analysts’ price target is $145.43)
entertainment services
Walt Disney Co.(DIS-N) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 58
Neutral - Hold Signals / Votes : 4
Bearish - Sell Signals / Votes : 5
Total Signals / Votes : 67
Walt Disney Co.(DIS-N) Frequently Asked Questions
What is Walt Disney Co. stock symbol?
Walt Disney Co. is a American stock, trading under the symbol DIS-N on the New York Stock Exchange (DIS). It is usually referred to as NYSE:DIS or DIS-N
Is Walt Disney Co. a buy or a sell?
In the last year, 67 stock analysts published opinions about DIS-N. 58 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Walt Disney Co..
Is Walt Disney Co. a good investment or a top pick?
Walt Disney Co. was recommended as a Top Pick by on . Read the latest stock experts ratings for Walt Disney Co..
Why is Walt Disney Co. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Walt Disney Co. worth watching?
67 stock analysts on Stockchase covered Walt Disney Co. In the last year. It is a trending stock that is worth watching.
What is Walt Disney Co. stock price?
On 2022-12-08, Walt Disney Co. (DIS-N) stock closed at a price of $92.55.
