Walt Disney Co (NYSE:DIS) shares, rose in value on Thursday, February 13, with the stock price up by 0.33% to the previous day’s close as strong demand from buyers drove the stock to $109.59.
Actively observing the price movement in the last trading, the stock closed the session at $109.23. The PE ratio was 35.58 over 12-month period. Referring to stock’s 52-week performance, its high was $123.74, and the low was $83.91. On the whole, DIS has fluctuated by 1.36% over the past month.
With the market capitalization of Walt Disney Co currently standing at about $198.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.95, with its dividend yield at 0.87%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 94.54B, with a low estimate of 22.84B and a high estimate of 23.42B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 23.16B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DIS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.03, with the price of DIS currently trading nearly -1.15% and -1.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.88, while the 7-day volatility ratio is showing 1.61% which for the 30-day chart, stands at 2.17%. Furthermore, Walt Disney Co (DIS)’s beta value is 1.42, and its average true range (ATR) is 2.39.
A comparison of Walt Disney Co (DIS) with its peers suggests the former has fared considerably weaker in the market. DIS showed an intraday change of 0.33% in last session, and over the past year, it grew by 0.27%%.
Data on historical trading for Walt Disney Co (NYSE:DIS) indicates that the trading volumes over the past 3 months, they’ve averaged 9.63 million. According to company’s latest data on outstanding shares, there are 1.90 billion shares outstanding.
Nearly 0.08% of Walt Disney Co’s shares belong to company insiders and institutional investors own 70.65% of the company’s shares. The stock has fallen by -1.58% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DIS stock heading into the next quarter.
