Disney Reaches Milestone with Magic Kingdom’s Record-Breaking Performance

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Disney recently reached a milestone when the Magic Kingdom theme park in Orlando, Florida, hit a record-breaking performance. The Magic Kingdom became the first Disney park to ever reach the 10 million visitor mark in a single year, making it one of the most popular theme parks in the world. Walt Disney ($NYSE:DIS) is a company that creates and distributes entertainment for people of all ages. Disney owns several iconic brands such as Marvel, Pixar, and Lucasfilm and is also the parent company of ABC, ESPN, and Hulu. In addition to its films and television shows, the company owns and operates theme parks around the world and is a leader in the cruise ship market.

Stock Price

On Monday, WALT DISNEY achieved a major milestone when its stock opened at $91.5 and closed at $92.9, representing a 0.9% increase from its previous closing price of 92.0. This record-breaking performance of Magic Kingdom has caused WALT DISNEY’s stock to reach an all-time high since the company’s inception. With the high demand for Disney’s services and products, this is an incredible achievement that shows the immense success of the company. Furthermore, analysts have speculated that the company will continue to experience tremendous growth, further pushing its stock prices up in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Walt Disney. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Walt Disney. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Walt Disney. More…

Key Ratios Snapshot

Some of the financial key ratios for Walt Disney are shown below. More…

Analysis

GoodWhale has analyzed Walt Disney’s fundamentals to draw further conclusions. Our Star Chart reveals that Walt Disney is classified as a ‘rhino’ – a type of company that has achieved moderate revenue and earnings growth. We believe this type of company will be of interest to investors who are looking for moderate, sustainable growth. In terms of health, our analysis has given Walt Disney a score of 8/10. This takes into account the company’s cashflows and debt, and suggests that it is in a good position to pay off debt and fund future operations. Furthermore, our analysis indicates that Walt Disney is strong in asset, medium in growth, profitability, and weak in dividend. These attributes may also be of interest to potential investors looking to invest in a company with a good balance of risk and reward. More…

Peers

The Walt Disney Co is the largest entertainment company in the world. It operates in four business segments: media networks, parks and resorts, studio entertainment, and consumer products. The company has a wide array of competitors, including Netflix Inc, Paramount Global, Warner Bros.Discovery Inc, and many others.

– Netflix Inc ($NASDAQ:NFLX)

Netflix is a streaming service for movies and TV shows. It has a market cap of 109B as of 2022 and a Return on Equity of 22.38%. The company was founded in 1997 and is headquartered in Los Gatos, California.

– Paramount Global ($NASDAQ:PARA)

Paramount Global has a market cap of 12.64B as of 2022, a Return on Equity of 18.54%. The company is a leading provider of global insurance and reinsurance solutions. It offers a broad range of products and services to meet the needs of its clients.

– Warner Bros.Discovery Inc ($NASDAQ:WBD)

Discovery, Inc. is a global media and entertainment company that operates a portfolio of cable television networks and produces original content for a variety of platforms. The company operates in over 220 countries and territories and reaches nearly 3 billion people around the world. Discovery’s primary businesses include Discovery Channel, Animal Planet, Science Channel, Investigation Discovery, TLC, OWN: Oprah Winfrey Network, Velocity, Travel Channel, Food Network, Cooking Channel, and HGTV. The company also operates Eurosport, Discovery Kids, Discovery Family, and Discovery Turbo. In addition to its cable networks, Discovery also owns and operates digital media properties, including Discovery Digital Networks, Seeker Network, and TestTube.

Summary

Investing analysis of Walt Disney indicates that the company has seen steady growth in the past year. Analysts have attributed the success to the company’s diverse portfolio which includes parks, film, and media. In addition, Disney’s various streaming services such as Disney Plus, Hulu, and ESPN+ have contributed to the success by providing revenue from subscriptions. The Magic Kingdom and other worldwide attractions are also a major source of revenue for the company.