Walt Disney Co (NYSE:DIS) traded at $114.51 at close of the session on Tuesday, March 19, made an upward move of 0.58% on its previous day’s price.
Looking at the stock we see that its previous close was $113.85 and the beta (5Y monthly) reads 1.41 . The company has a trailing 12-month PE ratio of 70.33. In terms of its 52-week price range, DIS has a high of $115.19 and a low of $78.73. The company’s stock has gained about 2.61% over that past 30 days.
Walt Disney Co has a market cap of $210.05 billion and is expected to release its quarterly earnings report on May 08, 2024 – May 13, 2024. Estimates by analysts give the company expected earnings per share (EPS) of $1.07, with the EPS growth for the year raised at $4.64 for 2024 and $5.44 for next year. These figures represent 23.40% and 17.20% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $22.08 billion, with a low of $21.4 billion and a high of $23.05 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $91.72 billion, or 3.20% up from figures reported last year.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the DIS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the DIS stock currently stands at 4.10, and the current price level is 3.34% off its SMA20 and 11.12% from its 50-day simple moving average. The RSI (14) is pointing at 69.30 while the volatility over the past week is 1.82% and jumps to 1.86% over the past one month. The beta value is 1.41, while the average true range (ATR) is currently pointing at 2.23.
Coming back to Walt Disney Co (NYSE:DIS), we note that the average 3-month trading volume was 12.43 million, while that of the preceding 10-day period stands at 11.01 million. Current shares outstanding are 1.83 billion.
The insiders hold 0.07% of the company’s shares while institutions hold 66.88%. The data shows that short shares as of Feb 29, 2024, stood at 17.75 million at a short ratio of 1.25. This represents a 0.97% short interest in shares outstanding on Feb 29, 2024. Shares short fall in February from the previous month at 18.47 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 26.82% up in year-to-date price movement.
