On November 20, 2023, Walt Disney Co (NYSE: DIS) opened at $93.98, higher 0.93% from the last session. During the day, the shares moved up to $95.585 and dropped to $93.87 before settling in for the closing price of $94.15. Price fluctuations for DIS have ranged from $78.73 to $118.18 over the past 52 weeks.
A company in the Communication Services sector has jumped its sales by 8.84% annually for the last half of the decade. Company’s average yearly earnings per share was noted 18.26% at the time writing. With a float of $1.83 billion, this company’s outstanding shares have now reached $1.83 billion.
In an organization with 220000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +10.11, operating margin of +10.11, and the pretax margin is +5.36.
Walt Disney Co (DIS) Insider Updates
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Walt Disney Co is 0.05%, while institutional ownership is 64.90%. The most recent insider transaction that took place on Aug 01, was worth 85,399. In this transaction Sr. EVP and Chief HR Officer of this company sold 959 shares at a rate of $89.05, taking the stock ownership to the 961 shares. Before that another transaction happened on Apr 25, when Company’s EVP, Control, Fin Plan & Tax sold 1,145 for $99.16, making the entire transaction worth $113,538. This insider now owns 29,138 shares in total.
Walt Disney Co (DIS) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted $0.75 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.64) by $0.11. This company achieved a net margin of +2.65 while generating a return on equity of 2.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.96% during the next five years compared to -31.21% drop over the previous five years of trading.
Walt Disney Co (NYSE: DIS) Trading Performance Indicators
Check out the current performance indicators for Walt Disney Co (DIS). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.96. Likewise, its price to free cash flow for the trailing twelve months is 61.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.28, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 5.43 in one year’s time.
Technical Analysis of Walt Disney Co (DIS)
Let’s dig in a bit further. During the last 5-days, its volume was 14.6 million. That was better than the volume of 13.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 94.53%. Additionally, its Average True Range was 2.08.
During the past 100 days, Walt Disney Co’s (DIS) raw stochastic average was set at 96.71%, which indicates a significant increase from 96.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.11% in the past 14 days, which was higher than the 26.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.20, while its 200-day Moving Average is $91.09. However, in the short run, Walt Disney Co’s stock first resistance to watch stands at $95.79. Second resistance stands at $96.54. The third major resistance level sits at $97.50. If the price goes on to break the first support level at $94.07, it is likely to go to the next support level at $93.11. Assuming the price breaks the second support level, the third support level stands at $92.36.
Walt Disney Co (NYSE: DIS) Key Stats
There are currently 1,829,779K shares outstanding in the company with a market cap of 173.88 billion. Presently, the company’s annual sales total 88,898 M according to its annual income of 2,354 M. Last quarter, the company’s sales amounted to 21,241 M and its income totaled 264,000 K.