The Walt Disney Company Joel Cardella Fred Newton Thea Picklesimer Brandy Rotarius

Introduction 1923 1927 Walt Disney peddled his cartoon in California Alice in Wonderland October 16th Disney Brothers Cartoon studio was born 1927 Decision to move towards an all cartoon series Oswald the lucky rabbit was born Painful lesson for Walt He learned the distributors owned all rights

Introduction 1928 Walter wanted more 1971 2 unsellable silent films were made November 18th Mickey Mouse was born Walter wanted more His dream Amusement park Where dreams come true 1971 Disney land opens Walt Disney did not live to see his dream come true

The Walt Disney Company Operates as an entertainment company Media Networks Television Networks Television Production and Distribution Television Stations Broadcast Radio Networks and Stations Publishing and digital operations Parks and Resorts

The Walt Disney Company Employees at Disney Well Trained Well Compensated Encouraged to submit ideas Part of the family Strengths The brand name Effective diversification around the globe Wholesome family goodness Roots that Walt Disney himself planted

Financial Analysis Disney Current Ratio 5.03 ROE 7.8% Current profit margin 6.8% Inventory turnover 4.06% Operating margin 32.06 PE 29% Debt ratio 44.64%

Financial Analysis Disney is a long-term growth stock. In 2012, it was held by 33 different hedge funds with around $2.5B in investments. Currently several market houses have given Disney a Buy rating, based on a +26% YTD increase in stock price. Target prices have been set to an average of $71.38.

Conclusion Walt Disney has good investment potential. Many are rating the stock outperform, with an average price target of $61.04. Next quarter’s average estimate for revenue is $11.74 billion and the average EPS estimate is $1.07.

Conclusion They continue to improve their numbers in performance and earnings and have a good projection for the future. Disney is definitely heading in the right direction and a good place to invest.

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