Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Walt Disney Co before investing.

In this article, we go over a few key elements for understanding Walt Disney Co’s stock price such as:

• Walt Disney Co’s current stock price and volume
• Why Walt Disney Co’s stock price changed recently
• Upgrades and downgrades for DIS from analysts
• DIS’s stock price momentum as measured by its relative strength

About Walt Disney Co (DIS)

Before we jump into Walt Disney Co’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

The Walt Disney Company is a diversified entertainment company that operates in three segments: Entertainment, Sports and Experiences. The Entertainment segment encompasses the Company's non-sports focused global film, television and direct-to-consumer (DTC) video streaming content production and distribution activities. Its line of business includes Linear Networks, DTC, and Content Sales/Licensing. The Sports segment encompasses the Company's sports-focused global television and DTC video streaming content production and distribution activities. Its line of business includes ESPN and Star. Experiences segment includes Parks and Experiences and Consumer Products. Parks and Experiences consists of Walt Disney World Resort in Florida, Disneyland Resort in California, Disney Cruise Line, Disney Vacation Club, and Disneyland Paris, among others. Consumer Products includes licensing of its trade names, characters, visual, literary and other IP. It also includes sale of branded merchandise.

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Walt Disney Co’s Stock Price as of Market Close

As of May 07, 2024, 4:02 PM, CST, Walt Disney Co’s stock price was $105.39.

Walt Disney Co is down 9.51% from its previous closing price of $116.47.

During the last market session, Walt Disney Co’s stock traded between $114.15 and $116.94. Currently, there are 1,832.00 million shares of Walt Disney Co stock available for purchase.

Walt Disney Co’s price-earnings (P/E) ratio is currently at 71.5, which is high compared to the Broadcasting industry median of 11.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Walt Disney Co Stock Price History

Walt Disney Co’s (DIS) price is currently down 5.14% so far this month.

During the month of May, Walt Disney Co’s stock price has reached a high of $116.94 and a low of $104.21.

Over the last year, Walt Disney Co has hit prices as high as $123.74 and as low as $78.73. Year to date, Walt Disney Co’s stock is up 21.31%.

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What Caused Walt Disney Co Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 06, 2024, there were 3 analysts who downgraded Walt Disney Co’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Walt Disney Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Walt Disney Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Walt Disney Co’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Walt Disney Co (DIS) by visiting AAII Stock Evaluator.

Relative Price Strength of Walt Disney Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 06, 2024, Walt Disney Co has a weighted four-quarter relative price strength of 1.52%, which translates to a Momentum Score of 69 and is considered to be Strong.

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Walt Disney Co Stock Price: Bottom Line

As of May 7, 2024, Walt Disney Co’s stock price is $105.39, which is down 9.51% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Walt Disney Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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