Walt Disney Co (NYSE: DIS) Stock Has Gained 16.76% Over The Month – Is There Room For Growth?

Walt Disney Co (NYSE:DIS)’s traded shares stood at 9.63 million during the last session, with the company’s beta value hitting 1.40. At the last check today, the stock’s price was $112.72, to imply an increase of 3.30% or $3.6 in intraday trading. The DIS share’s 52-week high remains $123.74, putting it -9.78% down since that peak but still an impressive 25.56% since price per share fell to its 52-week low of $83.91. The company has a valuation of $204.42B, with an average of 13.13 million shares in intraday trading volume over the past 10 days and average of 9.05 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 1.81. 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 1.33.

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Walt Disney Co (NYSE:DIS) trade information

After registering a 3.30% 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 13.83%, and 16.76% over 30 days. With these gigs, the year-to-date price performance is 24.84%. 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 -133.32% off suggested target high and 15.72% 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 9.17% up over the last 6 months, with its year-to-date growth rate higher than industry average at 2.41% against -14.60%. Revenue is forecast to grow 8.88% this quarter before jumping 1.71% for the next one. The rating firms project that company’s revenue will grow 4.12% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is 24.65B. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 23.17B.Earnings reports from the last fiscal year show that sales brought in 23.55B and 22.08B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.68% before jumping 4.91% 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 7.01% 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 69.78% of the shares at 69.82% float percentage. In total, 69.78% 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.