Walt Disney Co (NYSE: DIS) Surprises Bears With Upbeat Outlook.

In today’s recent session, 2.29 million shares of the Walt Disney Co (NYSE:DIS) have been traded, and its beta is 1.40. Most recently the company’s share price was $101.92, and it changed around -$0.28 or -0.27% from the last close, which brings the market valuation of the company to $185.80B. DIS at last check was trading at a discount to its 52-week high of $123.74, offering almost -21.41% off that amount. The share price’s 52-week low was $78.73, which indicates that the recent value has risen by an impressive 22.75% since then. We note from Walt Disney Co’s average daily trading volume that its 3-month average coming to 10.40 million.

Walt Disney Co stock received a consensus recommendation rating of Hold, based on a mean score of 1.65. If we narrow it down even further, the data shows that 2 out of 30 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 12 recommended DIS as a Hold, whereas 10 deemed it a Buy, and 1 rated it as Underweight. Walt Disney Co is expected to report earnings per share of 1.17 for the current quarter.

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Walt Disney Co (NYSE:DIS) trade information

Instantly DIS has been showing red trend so far today with a performance of -0.27% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 12.88% year-to-date, but still up 0.41% over the last five days. On the other hand, Walt Disney Co (NYSE:DIS) is 0.16% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $140.78, which translates to bulls needing to increase their stock price by 27.6% from its current value. Analyst projections state that DIS is forecast to be at a low of $93 and a high of $263.

Walt Disney Co (DIS) estimates and forecasts

Walt Disney Co share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 11.98 percent over the past six months and at a 26.33% annual growth rate that is well above the industry average of 5.20%. The year-over-year growth rate is expected to be 2.80%, up from the previous year.

Consensus estimates provided by 18 financial analysts predict the company will bring in an average of 23.06B in revenue for the current quarter. 17 analysts expect Walt Disney Co to make 22.59B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 6.40%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -31.23%. Walt Disney Co earnings are expected to increase by 26.37% in 2024, but the outlook is positive 18.24% per year for the next five years.

DIS Dividends

Walt Disney Co’s next quarterly earnings report is expected to be released in July.