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Walt Disney (DIS) Stock Moves -0.2%: What You Should Know
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Walt Disney (DIS - Free Report) closed at $112.42 in the latest trading session, marking a -0.2% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.53%. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.94%.
Prior to today's trading, shares of the entertainment company had lost 0.65% over the past month. This has lagged the Consumer Discretionary sector's gain of 1.16% and was narrower than the S&P 500's loss of 1.47% in that time.
Wall Street will be looking for positivity from DIS as it approaches its next earnings report date. This is expected to be February 5, 2019. The company is expected to report EPS of $1.59, down 15.87% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.15 billion, down 1.33% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $7.05 per share and revenue of $60.57 billion, which would represent changes of -0.42% and +1.9%, respectively, from the prior year.
Any recent changes to analyst estimates for DIS should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.53% lower within the past month. DIS is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note DIS's current valuation metrics, including its Forward P/E ratio of 15.97. This valuation marks a premium compared to its industry's average Forward P/E of 11.45.
Meanwhile, DIS's PEG ratio is currently 1.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Media Conglomerates stocks are, on average, holding a PEG ratio of 1.51 based on yesterday's closing prices.
The Media Conglomerates industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 108, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow DIS in the coming trading sessions, be sure to utilize Zacks.com.
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Walt Disney (DIS) Stock Moves -0.2%: What You Should Know
Walt Disney (DIS - Free Report) closed at $112.42 in the latest trading session, marking a -0.2% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.53%. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.94%.
Prior to today's trading, shares of the entertainment company had lost 0.65% over the past month. This has lagged the Consumer Discretionary sector's gain of 1.16% and was narrower than the S&P 500's loss of 1.47% in that time.
Wall Street will be looking for positivity from DIS as it approaches its next earnings report date. This is expected to be February 5, 2019. The company is expected to report EPS of $1.59, down 15.87% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.15 billion, down 1.33% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $7.05 per share and revenue of $60.57 billion, which would represent changes of -0.42% and +1.9%, respectively, from the prior year.
Any recent changes to analyst estimates for DIS should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.53% lower within the past month. DIS is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note DIS's current valuation metrics, including its Forward P/E ratio of 15.97. This valuation marks a premium compared to its industry's average Forward P/E of 11.45.
Meanwhile, DIS's PEG ratio is currently 1.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Media Conglomerates stocks are, on average, holding a PEG ratio of 1.51 based on yesterday's closing prices.
The Media Conglomerates industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 108, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow DIS in the coming trading sessions, be sure to utilize Zacks.com.