Walt Disney Co (NYSE:DIS) shares, rose in value on Friday, April 26, with the stock price down by -0.44% to the previous day’s close as strong demand from buyers drove the stock to $112.27.
Actively observing the price movement in the recent trading, the stock is buoying the session at $112.77. The PE ratio was 68.96 over 12-month period. Referring to stock’s 52-week performance, its high was $123.74, and the low was $78.73. On the whole, DIS has fluctuated by -7.20% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 91.82B, with a low estimate of 21.66B and a high estimate of 22.55B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 22.1B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DIS’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.61, with the price of DIS currently trading nearly -3.30% and -1.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.58, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 1.92%. Furthermore, Walt Disney Co (DIS)’s beta value is 1.39, and its average true range (ATR) is 2.22.
A comparison of Walt Disney Co (DIS) with its peers suggests the former has fared considerably weaker in the market. DIS showed an intraday change of -0.44% in today’s session so far, and over the past year, it grew by 16.21%%.
Data on historical trading for Walt Disney Co (NYSE:DIS) indicates that the trading volumes over the past 3 months, they’ve averaged 11.67 million. According to company’s latest data on outstanding shares, there are 1.83 billion shares outstanding.
Nearly 0.07% of Walt Disney Co’s shares belong to company insiders and institutional investors own 66.90% of the company’s shares. The stock has risen by 24.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DIS stock heading into the next quarter.
