In last trading session, Walt Disney Co (NYSE:DIS) saw 7.13 million shares changing hands with its beta currently measuring 1.41. Company’s recent per share price level of $115.87 trading at -$0.83 or -0.71% at ring of the bell on the day assigns it a market valuation of $212.54B. That closing price of DIS’s stock is at a discount of -1.29% from its 52-week high price of $117.36 and is indicating a premium of 32.05% 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 10.49 million shares which gives us an average trading volume of 12.40 million if we extend that period to 3-months.
Walt Disney Co (NYSE:DIS) trade information
Upright in the red during last session for losing -0.71%, in the last five days DIS remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $115.87 price level, adding 1.52% to its value on the day. Walt Disney Co’s shares saw a change of 28.33% in year-to-date performance and have moved 3.50% in past 5-day. Walt Disney Co (NYSE:DIS) showed a performance of 7.65% in past 30-days. Number of shares sold short was 17.75 million shares which calculate 1.25 days to cover the short interests.
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 40.06% of value to its shares in past 6 months, showing an annual growth rate of 21.54% while that of industry is 6.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 15.10% in the current quarter and calculating 23.30% increase in the next quarter. This year revenue growth is estimated to rise 3.20% 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 $22.07 billion for the same. And 16 analysts are in estimates of company making revenue of $23.25 billion in the next quarter that will end on Jun 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 -31.23% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 23.80% while estimates for its earnings growth in next 5 years are of 17.17%.
DIS Dividends
Walt Disney Co is more likely to be releasing its next quarterly report between May 08 and May 13 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 0.07% of company’s total shares while institution are holding 67.49 percent of that, with stock having share float percentage of 67.54%. Investors also watch the number of corporate investors in a company very closely, which is 67.49% 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 151.44 million shares of worth $17.55 billion. And as of Dec 30, 2023, it was holding 8.26% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 121.5 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 6.62% of outstanding shares, having a total worth of $14.08 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 Dec 30, 2023, the former fund manager was holding 57.45 million shares of worth $6.66 billion or 3.13% of the total outstanding shares. The later fund manager was in possession of 44.7 million shares on Dec 30, 2023, making its stake of worth around $5.18 billion in the company or a holder of 2.44% of company’s stock.
