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Is Walt Disney Co (DIS) a good stock to buy now?

Walt Disney Co (NYSE: DIS) is 23.99% higher on its value in year-to-date trading and has touched a low of $78.73 and a high of $115.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DIS stock was last observed hovering at around $112.06 in the last trading session, with the day’s loss setting it -0.11%.

Currently trading at $111.95, the stock is 1.11% and 9.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.24 million and changing -0.10% at the moment leaves the stock 22.93% off its SMA200. DIS registered 20.25% gain for a year compared to 6-month gain of 32.52%. The firm has a 50-day simple moving average (SMA 50) of $2.76 and a 200-day simple moving average (SMA200) of $18.61.

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The stock witnessed a 0.35% loss in the last 1 month and extending the period to 3 months gives it a 20.60%, and is 1.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.86% over the week and 1.83% over the month.

Walt Disney Co (DIS) has around 225000 employees, a market worth around $205.35B and $88.57B in sales. Current P/E ratio is 68.76 and Fwd P/E is 20.48. Profit margin for the company is 3.37%. Distance from 52-week low is 42.19% and -2.81% from its 52-week high. The company has generated returns on investments over the last 12 months (2.10%).

Walt Disney Co quarterly earnings per share for the current quarter are estimated at $1.07 with sales reaching $22.08B over the same period.The EPS is expected to grow by 23.69% this year, but quarterly earnings will post 3.20% year-over-year.

Walt Disney Co (DIS) Top Institutional Holders

3,822 institutions hold shares in Walt Disney Co (DIS), with institutional investors hold 67.53% of the company’s shares. The shares outstanding are 1.83B, and float is at 1.83B with Short Float at 0.97%. Institutions hold 67.48% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 148.89 million shares valued at $13.29 billion. The investor’s holdings represent 8.14% of the DIS Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 121.96 million shares valued at $10.89 billion to account for 6.67% of the shares outstanding. The other top investors are State Street Corporation which holds 73.14 million shares representing 4.00% and valued at over $6.53 billion, while Morgan Stanley holds 2.41% of the shares totaling 44.12 million with a market value of $3.94 billion.

Walt Disney Co (DIS) Insider Activity

The most recent transaction is an insider sale by WOODFORD BRENT,the company’sEVP, Control, Fin Plan & Tax. SEC filings show that WOODFORD BRENT sold 4,792 shares of the company’s common stock on Feb 15 ’24 at a price of $112.50 per share for a total of $0.54 million. Following the sale, the insider now owns 38493.0 shares.

Walt Disney Co disclosed in a document filed with the SEC on Jan 02 ’24 that Coleman Sonia L (Sr. EVP and Chief HR Officer) sold a total of 898 shares of the company’s common stock. The trade occurred on Jan 02 ’24 and was made at $90.11 per share for $80919.0. Following the transaction, the insider now directly holds 1861.0 shares of the DIS stock.

Still, SEC filings show that on Dec 18 ’23, WOODFORD BRENT (EVP, Control, Fin Plan & Tax) disposed off 18,788 shares at an average price of $92.99 for $1.75 million. The insider now directly holds 33,586 shares of Walt Disney Co (DIS).

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