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Why Should You Add The Walt Disney Company (DIS) To Your Portfolio?

The Walt Disney Company (NYSE:DIS) has a beta value of 1.24 and has seen 1.88 million shares traded in the recent trading session. The company, currently valued at $184.54B, closed the recent trade at $105.76 per share which meant it gained $0.07 on the day or 0.07% during that session. The DIS stock price is -48.92% off its 52-week high price of $157.50 and 20.51% above the 52-week low of $84.07. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.26 million shares traded. The 3-month trading volume is 15.37 million shares.

The consensus among analysts is that The Walt Disney Company (DIS) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 5 out of 29 have rated it as a Hold, with 23 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.79.

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A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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The Walt Disney Company (NYSE:DIS) trade information

Sporting 0.07% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, 01/23/23 when the DIS stock price touched $105.76 or saw a rise of 2.47%. Year-to-date, The Walt Disney Company shares have moved 21.65%, while the 5-day performance has seen it change 6.33%. Over the past 30 days, the shares of The Walt Disney Company (NYSE:DIS) have changed 21.45%. Short interest in the company has seen 20.43 million shares shorted with days to cover at 1.42.

Wall Street analysts have a consensus price target for the stock at $118.40, which means that the shares’ value could jump 10.68% from the levels at last check today. The projected low price target is $94.00 while the price target rests at a high of $145.00. In that case, then, we find that the latest price level in today’s session is -37.1% off the targeted high while a plunge would see the stock lose 11.12% from the levels at last check today.

The Walt Disney Company (DIS) estimates and forecasts

Figures show that The Walt Disney Company shares have outperformed across the wider relevant industry. The company’s shares have gained 2.89% over the past 6 months, with this year growth rate of 12.46%, compared to 2.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -25.50% and 9.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 8.20%.

17 analysts offering their estimates for the company have set an average revenue estimate of $23.32 billion for the current quarter. 16 have an estimated revenue figure of $21.86 billion for the next quarter concluding in Mar 2023. Year-ago sales stood $21.82 billion and $20.27 billion respectively for this quarter and the next, and analysts expect sales will grow by 6.90% for the current quarter and 7.80% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -21.00% over the past 5 years. Earnings growth for 2023 is a modest 57.80% while over the next 5 years, the company’s earnings are expected to increase by 23.61%.

DIS Dividends

The Walt Disney Company is expected to release its next earnings report on February 08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

The Walt Disney Company (NYSE:DIS)’s Major holders

Insiders own 0.11% of the company shares, while shares held by institutions stand at 64.97% with a share float percentage of 65.05%. Investors are also buoyed by the number of investors in a company, with The Walt Disney Company having a total of 3,858 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 143.96 million shares worth more than $15.21 billion. As of Sep 29, 2022, Vanguard Group, Inc. (The) held 7.89% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 115.75 million shares as of Sep 29, 2022. The firm’s total holdings are worth over $12.23 billion and represent 6.35% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Sep 29, 2022, the former fund manager holds about 2.98% shares in the company for having 54.39 million shares of worth $5.75 billion while later fund manager owns 41.33 million shares of worth $4.37 billion as of Sep 29, 2022, which makes it owner of about 2.27% of company’s outstanding stock.

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