Why Walt Disney Co (NYSE:DIS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $109.52 on Walt Disney Co (NYSE:DIS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $5.79 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Walt Disney Co (NYSE:DIS) stands at 17.05.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Walt Disney Company (The) Commo, the PEG ratio for coming 3-5 years is 1.53.

Technical Analysis

The technical analysis highlights that Walt Disney Company (The) Commo current is trading $-2.23 points away or -2.30% from its 50-day moving average of $97.09. Further it is trading $-3.63 or -3.69% away its 200-day moving average of $98.49.

The 52-week high of Walt Disney Co (NYSE:DIS) was $120.65 while lowest point recorded in 52-week was $86.25. It implies if stock price makes a movement of over $-25.79, it will record a new 52-week high. In the case of +9.98% drop, it will touch a new 52-week low.

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