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Disney's Valuation Is at Multiyear Lows, and Buybacks Are at a 9-Year High. Is Disney a No-Brainer Value Stock to Buy Now?
['Neil Patel', 'The Motley Fool', 'Mon', 'August', 'At Am Gmt', 'Min Read']
Yahoo Finance
Disney's direct-to-consumer streaming operations, most notably from Disney+ and Hulu, have also introduced a notable financial catalyst.
Dialing up the share repurchasesDuring the third quarter, Disney raked in $3.1 billion in free cash flow (FCF).
This was lifted by a 32% jump in operating cash flow.
The consensus view among analysts is that FCF will rise in each successive year from fiscal 2025 through fiscal 2028.
Disney now plans to spend at least $9 billion on share repurchases this fiscal year.