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In the last 12 months, operating cash flow was $13.03 billion and capital expenditures -$5.09 billion, giving a free cash flow of $7.94 billion. The company has $7.19 billion in cash and $47.69 billion in debt, giving a net cash position of -$40.50 billion or -$22.08 per share. The latest short interest is 17.75 million, so 0.97% of the outstanding shares have been sold short. The number of shares has increased by 0.44% in one year.
2009 was a tough year for Disney and the market as a whole. Walt Disney Co. reported Q1 profit that fell substantially short of analysts’ expectations which sent the stock price to a 10% decline in after-hours trading. Putting Disney’s stock price in the $15 territory, a long way from a previous all time stock price high around $43.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.18 to $4.57. If you’re a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That’s why you should start by looking at stocks https://www.day-trading.info/eur-gbp-live-mtfx-currency-updates-currency-news/ that are set to beat the market over the next 12 months, a strategy that’s been proven to generate strong returns. In August 2011 Disney saw it’s stock price drop nearly 14% in one day after a number of multiple analysts downgraded it. A month later, Disney stock price dropped below $30, which was a year to date low.
The next estimated earnings date is Wednesday, May 8, 2024, after market close. Additionally, Walt Disney’s earnings are expected to grow 21.5% for the current fiscal year. DIS was added to the Zacks Focus List on March 23, 2020 an overview of renewable energy companies in stock exchange at $85.98 per share. Burbank, CA-based Walt Disney Company has assets that span movies, television shows and theme parks. If you had invested $1,000 in Disney’s IPO your stock today would be worth over 3 million dollars today.
The stock price has increased by +22.10% in the last 52 weeks. The beta is 1.41, so DIS’s price volatility has been higher than the market average. Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like DIS offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.
However from that point Disney, like many Dow 30 members, was part of a huge run up over the next 3 years. Disney stock price broke $50 in 2013, the stock price hit $75 a year later and then finally smashed the $100 ceiling in 2015. Disney’s stock price dropped nearly 70% of its price value in the near 2 year period between late 2000 and late summer 2002. Which outpaced the drop of many other non-tech stocks which fell about half the amount during that time. DIS has an Altman Z-Score of 2.24 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
All these stock splits work out as 1 share purchased at IPO being the worth 384 shares today. The Walt Disney Company is a mass media and entertainment https://www.topforexnews.org/news/forex-robot-trading-software/ conglomerate known for its film studio, Walt Disney Studios. Disney was founded in 1923 and is headquartered in Burbank, CA.
Disney stock has been a part of six stock splits since the IPO,The first post IPO stock split happened in 1967 which was a 2 for 1 stock split. There were two more 2 for 1 stock splits shortly after in 1977 and 1973. The next stock split happened over a decade later in March 1986 when a 4 for 1 stock split took place. The 90s brought two more stock splits, one 4 for 1 in 1992 and then a 3 for 1 stock split in the summer of 1998.