Walt Disney (DIS - Free Report) closed the most recent trading day at $116.61, moving +0.44% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq lost 0.25%.
Prior to today's trading, shares of the entertainment company had gained 1.11% over the past month. This has lagged the Consumer Discretionary sector's gain of 3.98% and the S&P 500's gain of 3.57% in that time.
DIS will be looking to display strength as it nears its next earnings release, which is expected to be February 5, 2019. The company is expected to report EPS of $1.66, down 12.17% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $15.29 billion, down 0.42% from the year-ago period.
DIS's full-year Zacks Consensus Estimates are calling for earnings of $7.07 per share and revenue of $60.40 billion. These results would represent year-over-year changes of -0.14% and +1.63%, respectively.
Any recent changes to analyst estimates for DIS should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 past month, the Zacks Consensus EPS estimate has moved 2.58% lower. DIS is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that DIS has a Forward P/E ratio of 16.43 right now. This valuation marks a premium compared to its industry's average Forward P/E of 11.96.
Meanwhile, DIS's PEG ratio is currently 1.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Media Conglomerates was holding an average PEG ratio of 1.44 at yesterday's closing price.
The Media Conglomerates industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 105, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.