In the past week, DIS stock has gone up by 4.85%, with a monthly gain of 10.43% and a quarterly surge of 35.38%. The volatility ratio for the week is 1.88%, and the volatility levels for the last 30 days are 1.90% for Walt Disney Co The simple moving average for the last 20 days is 7.35% for DIS stock, with a simple moving average of 32.66% for the last 200 days.
Is It Worth Investing in Walt Disney Co (NYSE: DIS) Right Now?
The price-to-earnings ratio for Walt Disney Co (NYSE: DIS) is above average at 75.16x. The 36-month beta value for DIS is also noteworthy at 1.42. There are mixed opinions on the stock, with 17 analysts rating it as a “buy,” 7 rating it as “overweight,” 5 rating it as “hold,” and 2 rating it as “sell.”
The public float for DIS is 1.83B, and at present, short sellers hold a 1.02% of that float. The average trading volume of DIS on April 01, 2024 was 12.41M shares.
DIS) stock’s latest price update
Walt Disney Co (NYSE: DIS)’s stock price has surge by 1.14relation to previous closing price of 120.98. Nevertheless, the company has seen a 4.85% surge in its stock price over the last five trading sessions. Barrons reported 2024-03-31 that March jobs data will come out on Friday. GE Vernova and GE Aerospace split on Tuesday.
Analysts’ Opinion of DIS
Many brokerage firms have already submitted their reports for DIS stocks, with UBS repeating the rating for DIS by listing it as a “Buy.” The predicted price for DIS in the upcoming period, according to UBS is $140 based on the research report published on March 27, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see DIS reach a price target of $135, previously predicting the price at $95. The rating they have provided for DIS stocks is “Overweight” according to the report published on March 25th, 2024.
Needham gave a rating of “Buy” to DIS, setting the target price at $120 in the report published on February 08th of the current year.
DIS Trading at 14.52% from the 50-Day Moving Average
After a stumble in the market that brought DIS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.27% of gains for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.88%, as shares surge +9.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.44% upper at present.
During the last 5 trading sessions, DIS rose by +4.85%, which changed the moving average for the period of 200-days by +31.37% in comparison to the 20-day moving average, which settled at $114.52. In addition, Walt Disney Co saw 35.52% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DIS starting from WOODFORD BRENT, who sale 4,792 shares at the price of $112.50 back on Feb 15 ’24. After this action, WOODFORD BRENT now owns 38,493 shares of Walt Disney Co, valued at $539,087 using the latest closing price.
Coleman Sonia L, the Sr. EVP and Chief HR Officer of Walt Disney Co, sale 898 shares at $90.11 during a trade that took place back on Jan 02 ’24, which means that Coleman Sonia L is holding 1,861 shares at $80,919 based on the most recent closing price.
Stock Fundamentals for DIS
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.17 for the gross margin
The net margin for Walt Disney Co stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 3.03, with 1.49 for asset returns.
Based on Walt Disney Co (DIS), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 4.23.
Currently, EBITDA for the company is 15.24 billion with net debt to EBITDA at 2.4. When we switch over and look at the enterprise to sales, we see a ratio of 2.98. The receivables turnover for the company is 6.3for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.
Conclusion
In summary, Walt Disney Co (DIS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
