The latest trading day saw Walt Disney (DIS) settling at $114.99, representing a +0.33% change from its previous close.
Disney achieved operating income profitability in streaming in the last quarter, marking a major inflection point in its direct-to-consumer business. I continue to rate Disney a strong buy due to its scalable streaming platform, improved operating income, increased capital returns and growing subscribers. Disney's subscriber base grew to 56.0M in the U.S. and 66.7M internationally, driven by subscription price hikes. Disney also saw ARPU gains in both markets in Q4.
It seems like Disney's fairy dust is starting to sparkle again — at least on the technical charts.
Disney-centric influencer Dominique Brown has died after allegedly having a severe allergic reaction during a brand event in Los Angeles.
Walt Disney Co (NYSE:DIS, ETR:WDP) has confirmed that prices for its theme parks are going up again as it forecast a significant improvement in the contribution from its cruise operation. Surge pricing, more lightning lanes and premium offerings such as park-hoppers are on the way said Hugh Johnston, chief financial officer, at a conference in New York.
The Walt Disney Company (NYSE:DIS ) UBS Global Media & Communications Conference December 9, 2024 1:30 PM ET Company Participants Hugh Johnston - Senior Executive Vice President and Chief Financial Officer Conference Call Participants John Hodulik - UBS Operator Certain statements in this discussion may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations, beliefs, plans, or goals, strategy, focus, or priorities, guidance, future growth and performance including opportunities for expansion and impact of strategic initiatives. future profitability, margins, and related drivers, future capital or content expenditures, trends, drivers of demand, efficiencies, future product or service offerings including, nature, timing and pricing, consumer and advertiser sentiment, behavior, or demand, value of our intellectual property and content offerings, impact of organizational structure and leadership decisions and other states that are not historical in nature.
Disney's initial efforts to limit password sharing are “working out well for us in terms of subscriber growth,” Disney CFO Hugh Johnston said.
Disney is making a bigger bet on its cruise business with a major $12 billion expansion that includes more than doubling its fleet and pushing into Asia.
It's been a three-act show for Walt Disney (DIS -1.77%) and its stakeholders this year. The shares rallied earlier this year after pulling out all the stops ahead of a proxy battle with activist investors.
After reaching an important support level, The Walt Disney Company (DIS) could be a good stock pick from a technical perspective. DIS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Disney's recent film successes and Disney+ streaming growth have improved its financial outlook, making it a fair buy at current valuations. The company's valuation metrics, including price-to-book and price-to-sales ratios, remain reasonable compared to the market, supporting its intrinsic value. DIS's balance sheet shows improvement with reduced debt and increased dividends, positioning it as a dividend-growth stock.