Should Investors Trust The Upside Potential In Walt Disney Co (DIS)?

money audit

Walt Disney Co (NYSE:DIS) currently has a daily average trading volume of 10.96M but it saw 20671180 shares traded in last market. With a market cap of 188.51B USD, the company’s current market price of $102.77 came falling about -2.45 while comparing to the previous closing price of $105.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $123.74 and as low as $78.73.

Taking a look at 20-day trading activity of Walt Disney Co (DIS) gives us an average price of $110.15, while its current price level is -16.95% below from 52-week high level whereas it is 30.53% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $113.54 while that of 200 days or SMA-200 reads an average of $96.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.92% during that period while stretching the period over a month that decreases to 1.85%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.90 which implies that the stock is in oversold territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which resumed the stock as “Overweight” in its note to investors issued on April 11, 2024, recommending a price target of between $120 and $140 for it. Barclays issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $95 and $135.

Over the week, DIS’s stock price is moving -2.53% down while it is -9.76% when we observe its performance for the past one month. Year-to-date it is 13.82% up and over the past year, the stock is showing an upside performance of 10.67%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.03 beat the consensus estimate of 0.95 for the same. In next quarter, company is expected to be making quarterly sales of $22.6B as analysts are expecting the sales for current fiscal year at $91.36B and seeing the company making $96.01B in sales next year. Moreover, analysts are in estimates of $23.07B for current-quarter revenue.

Currently, Walt Disney Co’s total number of outstanding shares is 1.83B. Company’s return on investment (ROI) stands at 1.22% and return on equity (ROE) at 1.72%. It has a price to earnings ratio (P/E ratio) of 111.34 while having a 18.76 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 2.12. Its return on asset (ROA) is 0.85% on average.