Analysts Say Walt Disney Co Can Reach $263 In 12 Months

Walt Disney Co (NYSE:DIS)’s traded shares stood at 20.03 million during the latest session, with the company’s beta value hitting 1.38. At the last check today, the stock’s price was $111.93, to imply an increase of 8.97% or $9.21 in intraday trading. The DIS share’s 52-week high remains $123.74, putting it -10.55% down since that peak but still an impressive 25.03% since price per share fell to its 52-week low of $83.91. The company has a valuation of $203.00B, with an average of 9.2 million shares in intraday trading volume over the past 10 days and average of 8.47 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Walt Disney Co (DIS), translating to a mean rating of 1.82. Of 27 analyst(s) looking at the stock, 1 analyst(s) give DIS a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 24 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.95.

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Walt Disney Co (NYSE:DIS) trade information

After registering a 8.97% upside in the latest session, Walt Disney Co (DIS) has traded red over the past five days. The 5-day price performance for the stock is 13.15%, and 15.70% over 30 days. With these gigs, the year-to-date price performance is 23.97%. Short interest in Walt Disney Co (NYSE:DIS) saw shorts transact 17.54 million shares and set a 2.29 days time to cover.

The extremes give us $95 and $263 for target low and target high price respectively. As such, DIS has been trading -134.97% off suggested target high and 15.13% from its likely low.

Walt Disney Co (DIS) estimates and forecasts

Looking at statistics comparing Walt Disney Co share performance against respective industry, we note that the company has outperformed competitors. Walt Disney Co (DIS) shares are 8.29% up over the last 6 months, with its year-to-date growth rate higher than industry average at 31.12% against -17.80%. Revenue is forecast to grow 35.30% this quarter before jumping 8.88% for the next one. The rating firms project that company’s revenue will grow 2.76% compared to the previous financial year.

Revenue forecast for the current quarter as set by 20 analysts is 22.49B. Meanwhile, for the current quarter, a total of 15 analyst(s) estimate revenue growth to 24.65B.Earnings reports from the last fiscal year show that sales brought in 21.24B and 23.55B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 5.90% before jumping 4.68% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -31.23% for the past 5-year period. While 2024 is set for a 4.01% return in earnings, projections for the next 5 years are at 12.85% annually.

DIS Dividends

Walt Disney Co has its next earnings report out on 2024-Nov-14. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Walt Disney Co has a forward dividend ratio of 0.45, with the share yield ticking at 0.40% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 1.38%.

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

Walt Disney Co insiders hold 0.06% of total outstanding shares, with institutional holders owning 69.46% of the shares at 69.50% float percentage. In total, 69.46% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 154.81 million shares (or 8.4414% of shares), all amounting to roughly $15.37 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 122.28 million shares, or about 6.6675% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $12.14 billion.