In recent trading session, Walt Disney Co (NYSE:DIS) saw 3.47 million shares changing hands at last check today with its beta currently measuring 1.33. Company’s recent per share price level of $94.69 trading at $0.18 or 0.19% at last check today assigns it a market valuation of $173.26B. That most recent trading price of DIS’s stock is at a discount of -24.81% from its 52-week high price of $118.18 and is indicating a premium of 16.86% from its 52-week low price of $78.73. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 19.87 million shares which gives us an average trading volume of 14.29 million if we extend that period to 3-months.
For Walt Disney Co (DIS), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 1.68. Splitting up the data highlights that, out of 34 analysts covering the stock, 2 rated the stock as a Sell while 3 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 23 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.99 in the current quarter.
Walt Disney Co (NYSE:DIS) trade information
Upright in the green today for gaining 0.19%, in the last five days DIS remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $94.69 price level, adding 0.72% to its value on the day. Walt Disney Co’s shares saw a change of 8.99% in year-to-date performance and have moved 7.27% in past 5-day. Walt Disney Co (NYSE:DIS) showed a performance of 13.74% in past 30-days. Number of shares sold short was 20.21 million shares which calculate 1.81 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $104.18 to the stock, which implies a rise of 9.11% to its recent value today. Analysts have been projecting $58.00 as a low price target for the stock while placing it at a high target of $120.00. It follows that stock’s current price would drop -26.73% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.75% for stock’s current value.
Walt Disney Co (DIS) estimates and forecasts
Statistics highlight that Walt Disney Co is scoring comparatively higher than the scores of other players of the relevant industry. The company added 3.66% of value to its shares in past 6 months, showing an annual growth rate of 25.00% while that of industry is -28.40. Apart from that, the company came raising its revenue forecast for fiscal year 2023. This year revenue growth is estimated to rise 4.30% from the last financial year’s standing.
18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $22.03 billion for the same. And 16 analysts are in estimates of company making revenue of $20.68 billion in the next quarter that will end on Mar 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -31.21% during past 5 years. In 2023, company’s earnings growth rate is likely to be around 19.69% while estimates for its earnings growth in next 5 years are of 17.15%.
Walt Disney Co is more likely to be releasing its next quarterly report between February 06 and February 12 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Walt Disney Co (NYSE:DIS)’s Major holders
Insiders are in possession of 0.06% of company’s total shares while institution are holding 65.00 percent of that, with stock having share float percentage of 65.04%. Investors also watch the number of corporate investors in a company very closely, which is 65.00% institutions for Walt Disney Co that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at DIS for having 148.89 million shares of worth $13.29 billion. And as of Jun 29, 2023, it was holding 8.14% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 121.96 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 6.67% of outstanding shares, having a total worth of $10.89 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 56.98 million shares of worth $5.09 billion or 3.11% of the total outstanding shares. The later fund manager was in possession of 43.51 million shares on Jun 29, 2023, making its stake of worth around $3.88 billion in the company or a holder of 2.38% of company’s stock.