In today’s recent session, 11.26 million shares of the Walt Disney Co (NYSE:DIS) have been traded, and its beta is 1.38. Most recently the company’s share price was $88.46, and it changed around -$1.51 or -1.68% from the last close, which brings the market valuation of the company to $161.26B. DIS at last check was trading at a discount to its 52-week high of $123.74, offering almost -39.88% off that amount. The share price’s 52-week low was $78.73, which indicates that the recent value has risen by an impressive 11.0% since then. We note from Walt Disney Co’s average daily trading volume that its 10-day average is 13.25 million shares, with the 3-month average coming to 11.30 million.
Walt Disney Co stock received a consensus recommendation rating of Hold, based on a mean score of 1.70. 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 1.19 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 -1.68% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 93.95 on recent trading dayincreased the stock’s daily price by 5.84%. The company’s shares are currently down -2.03% year-to-date, but still down -5.59% over the last five days. On the other hand, Walt Disney Co (NYSE:DIS) is -8.86% down in the 30-day period. We can see from the shorts that 22.36 million shares have been sold at a short interest cover period of 2.29 day(s).
The consensus price target as assigned by Wall Street analysts is $135, which translates to bulls needing to increase their stock price by 34.47% 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 fallen -10.91 percent over the past six months and at a 27.13% annual growth rate that is well above the industry average of 5.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 15.50% in revenue this quarter, and will report an increase of 39.00% in the next quarter. The year-over-year growth rate is expected to be 2.90%, up from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 23.07B in revenue for the current quarter. 19 analysts expect Walt Disney Co to make 22.6B 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 26.84% 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 on 2024-Aug-07. The annual dividend yield of the stock is 0.51 percent and its annual dividend per share was 0.45. It is important to note, however, that the 0.51% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.38 per year.
Walt Disney Co (NYSE:DIS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.05% of Walt Disney Co shares, and 70.13% of them are in the hands of institutional investors. The stock currently has a share float of 70.17%. Walt Disney Co stock is held by 3905.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-03-31, it held 8.3935% of the shares, which is about 153.77 million shares worth $18.82 billion.
BLACKROCK INC., with 6.6425% or 121.69 million shares worth $14.89 billion as of 2024-03-31, holds the second largest percentage of outstanding shares.
