Walt Disney Co (NYSE: DIS) Received An 4.09% Gain In 6 Months – Here’s What To Expect

During the recent session, Walt Disney Co (NYSE:DIS)’s traded shares were 2.73 million, with the beta value of the company hitting 1.40. At the last check today, the stock’s price was $95.98, reflecting an intraday loss of -0.84% or -$0.81. The 52-week high for the DIS share is $123.74, that puts it down -28.92 from that peak though still a striking 17.97% gain since the share price plummeted to a 52-week low of $78.73. The company’s market capitalization is $174.98B, and the average intraday trading volume over the past 10 days was 8.26 million shares, and the average trade volume was 10.16 million shares over the past three months.

Walt Disney Co (DIS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.66. DIS has a Sell rating from 1 analyst(s) out of 27 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 24 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.08.

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Walt Disney Co (NYSE:DIS) trade information

Walt Disney Co (DIS) registered a -0.84% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.84% in intraday trading to $95.98, hitting a weekly high. The stock’s 5-day price performance is -1.18%, and it has moved by -5.44% in 30 days. Based on these gigs, the overall price performance for the year is 10.27%. The short interest in Walt Disney Co (NYSE:DIS) is 18.61 million shares and it means that shorts have 1.96 day(s) to cover.

The extremes of the forecast give a target low and a target high price of $93 and $263 respectively. As a result, DIS is trading at a discount of -174.02% off the target high and 3.1% off the low.

Walt Disney Co (DIS) estimates and forecasts

Statistics show that Walt Disney Co has outperformed its competitors in share price, compared to the industry in which it operates. Walt Disney Co (DIS) shares have gone up 4.09% during the last six months, with a year-to-date growth rate more than the industry average at 26.33% against 5.00. In the rating firms’ projections, revenue will decrease -6.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 21.04B as predicted by 20 analyst(s). Meanwhile, a consensus of 19 analyst(s) estimates revenue growth to 20.65B by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -31.23%. While earnings are projected to return 26.31% in 2024, the next five years will return 18.24% per annum.

DIS Dividends

Walt Disney Co is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Walt Disney Co is 0.75, with the dividend yield indicating at 0.78 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.38%.

Walt Disney Co (NYSE:DIS)’s Major holders

Walt Disney Co insiders own 0.06% of total outstanding shares while institutional holders control 70.11% , with the float percentage being 70.16% . VANGUARD GROUP INC is the largest shareholder of the company, while 3,968 institutions own stock in it. As of 2024-03-31, the company held over 153.77 million shares (or 8.3935% of all shares), a total value of $18.82 billion in shares.

The next largest institutional holding, with 121.69 million shares, is of BLACKROCK INC.’s that is approximately 6.6425% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $14.89 billion.

Also, the Mutual Funds coming in first place with the largest holdings of Walt Disney Co (DIS) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 57.67 shares. This amounts to just over 3.16 percent of the company’s overall shares, with a $5.54 billion market value. The same data shows that the other fund manager holds slightly less at 46.23, or about 2.54% of the stock, which is worth about $4.44 billion.