HuyNguyenSG/iStock Editorial via Getty Images Disney (NYSE:DIS) has recently underperformed the market, but after its poor response to its quarterly earnings report, there is reason to believe that DIS is currently at or near strong long-term support. Shares appear to present reasonable value here in the mid $80s, with strong potential to appreciate in late 2024 and 2025. Further, an insider recently acquired roughly one million dollars in DIS stock, indicating they agree that shares present compelling ...

Disney is unloved by the market, but it's building a giant in streaming and has a great experiences business to fall back on.Disney (DIS -0.41%) doesn't get a lot of positive headlines from investors, but the business is performing better than expected in 2024. Movies are raking in billions, streaming is growing, and the parks business is extremely profitable. Travis Hoium explains in this video why the company has a bright future.*Stock prices used were end-of-day prices of Aug. 12, 2024. The video was pub ...

August sent investors into a tizzy, with massive volatility shaking up major indices. However, amidst the chaos, betting on the best entertainment stocks on the dip could prove wise.In the backdrop of interest rate cuts, entertainment stocks offer a particularly attractive opportunity. Moreover, with corporate profits expected to rise, the sector stands to gain significantly from the resilience in discretionary spending.This scenario is supported by JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon’s recent comment ...

Walt Disney (DIS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this entertainment company have returned -11.3%, compared to the Zacks S&P 500 composite's -4.8% change. During this period, the Zacks Media Conglomerates industry, which Disney falls in, has lost 8.5%. The key question now is: What could be the stock's future direction ...

The company's major moves were essentially met with not only a shrug from investors, but with a recommendation downgrade from an analyst.Walt Disney's (DIS -0.30%) annual fan event failed to move the needle on its stock, a situation compounded by a significant price target cut from an analyst. Neither rocked the shares badly, but Disney still landed in negative territory on Monday. Its stock slumped by 0.3% on a day when the S&P 500 index traded flat.A major move on parksAt its D23 Expo, much of Disney's hy ...

Wirestock/iStock Editorial via Getty Images On our last coverage of The Walt Disney Company (NYSE:DIS), we remained unimpressed with the relentless rally and suggested investors wait for a better entry point. While the fundamentals were sound, the valuation was anything but. We poured cold water on the bull dreams and gave them a specific entry price point. We would look for about 3%-4% annual returns from here. While our previous forecast was in excess of investment-grade bond yields, the current one is no ...

The Walt Disney Company DIS had a magical weekend with many company updates shared at its bi-annual D23 Expo along with "Deadpool & Wolverine" continuing to perform well at the box office.What Happened: Disney's "Deadpool & Wolverine" was the top-grossing film domestically over the weekend, bringing the Marvel film closer to becoming the highest-grossing R-rated film of all time.The film has grossed $535.2 million domestically and $494.3 million internationally, good for $1.03 billion worldwide, as reported ...

Disney announced that it's adding four more cruise ships to its fleet.It was easy to miss this in Walt Disney's (DIS 0.07%) nearly three-hour D23 presentation on the future of its theme parks and experiences on Saturday night, but the media giant announced a pretty massive expansion of its cruise ship fleet. Disney announced that it's adding another four ships to its cruise line, on top of the four that are already in the works.In a few years, Disney-branded boats will go from today's slate of five vessels ...

JHVEPhoto In May 2023, I was wondering if wonderland would return to the case of The Walt Disney Company (NYSE:DIS). Margin pressure was widespread, with lower earnings, poor cash flow conversion and high debt levels making me cautious on the stock, with few triggers in sight. By now, the company has returned to (margin) growth, but the company is still performing far below past profitability metrics here. While the risk-reward seems more compelling here than we have seen for a while, amidst reasonable ...

KEY TAKEAWAYSThe Walt Disney Co., which recently warned of slowing demand at its Experiences segment, is spending billions of dollars to expand its theme park attractions and its cruise ship fleet.Among the announcements the entertainment giant reported at its three-day "D23: The Ultimate Disney Fan Event" in Anaheim, Calif.: the largest expansion in the 53-year history of Orlando's Magic Kingdom.Disney announced a $60 billion, 10-year expansion of its theme parks and cruise operations last year. The Walt D ...