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Walt Disney (DIS) Advances While Market Declines: Some Information for Investors
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In the latest close session, Walt Disney (DIS - Free Report) was up +2.07% at $94.33. The stock outperformed the S&P 500, which registered a daily loss of 0.4%. At the same time, the Dow added 0.11%, and the tech-heavy Nasdaq lost 0.73%.
The stock of entertainment company has fallen by 12.84% in the past month, lagging the Consumer Discretionary sector's loss of 8.92% and the S&P 500's loss of 7.34%.
The upcoming earnings release of Walt Disney will be of great interest to investors. In that report, analysts expect Walt Disney to post earnings of $1.5 per share. This would mark year-over-year growth of 3.45%. Simultaneously, our latest consensus estimate expects the revenue to be $25.07 billion, showing a 6.15% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.62 per share and revenue of $101.03 billion. These totals would mark changes of +11.64% and +6.99%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Walt Disney. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% increase. Walt Disney presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Walt Disney is currently exchanging hands at a Forward P/E ratio of 13.97. This valuation marks a discount compared to its industry average Forward P/E of 19.53.
Meanwhile, DIS's PEG ratio is currently 1.25. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Media Conglomerates stocks are, on average, holding a PEG ratio of 0.91 based on yesterday's closing prices.
The Media Conglomerates industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 65, placing it within the top 27% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Walt Disney (DIS) Advances While Market Declines: Some Information for Investors
In the latest close session, Walt Disney (DIS - Free Report) was up +2.07% at $94.33. The stock outperformed the S&P 500, which registered a daily loss of 0.4%. At the same time, the Dow added 0.11%, and the tech-heavy Nasdaq lost 0.73%.
The stock of entertainment company has fallen by 12.84% in the past month, lagging the Consumer Discretionary sector's loss of 8.92% and the S&P 500's loss of 7.34%.
The upcoming earnings release of Walt Disney will be of great interest to investors. In that report, analysts expect Walt Disney to post earnings of $1.5 per share. This would mark year-over-year growth of 3.45%. Simultaneously, our latest consensus estimate expects the revenue to be $25.07 billion, showing a 6.15% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.62 per share and revenue of $101.03 billion. These totals would mark changes of +11.64% and +6.99%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Walt Disney. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% increase. Walt Disney presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Walt Disney is currently exchanging hands at a Forward P/E ratio of 13.97. This valuation marks a discount compared to its industry average Forward P/E of 19.53.
Meanwhile, DIS's PEG ratio is currently 1.25. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Media Conglomerates stocks are, on average, holding a PEG ratio of 0.91 based on yesterday's closing prices.
The Media Conglomerates industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 65, placing it within the top 27% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.