The Walt Disney Company has been experiencing a steady increase over the past year. As the 1-year chart below illustrates, the stock has risen from 88 to 115 in the past 12 months.

 

In recent developments, Disney has been in talks with the State of California to invest $1 billion into new attractions for its theme park in Anaheim, California. The company hopes the State will exempt it from an entertainment tax, and pledges to build the new attractions by 2024, while making road improvements to boost traffic flow in the area.

Analysts from The Street, believe the Disney stock is stellar, noting: “The company’s strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity, and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins.”

Over the past 3 years, the stock has risen 140%. Many analysts attribute the rise to the excellent leadership of CEO, Bob Iger, who took the reigns in 2005.

Iger is hopeful about the future of Disney, while admitting the company’s weaknesses. He recently said: “When I became CEO, we had been through about a decade of disappointing performance in the animation business… Today, We know how to leverage or mine value from [intellectual property] probably better than any media company out there. And we have the ecosystem to do it, worldwide.”