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Walt Disney (DIS) Stock Moves -1.19%: What You Should Know

Walt Disney (DIS) closed the most recent trading day at $80.05, moving -1.19% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.47%. Meanwhile, the Dow lost 1.14%, and the Nasdaq, a tech-heavy index, lost 1.57%.

Coming into today, shares of the entertainment company had lost 3.74% in the past month. In that same time, the Consumer Discretionary sector lost 3.8%, while the S&P 500 lost 1.43%.

Walt Disney will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.76, up 153.33% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $21.33 billion, up 5.83% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.72 per share and revenue of $88.98 billion. These totals would mark changes of +5.38% and +7.57%, respectively, from last year.

Any recent changes to analyst estimates for Walt Disney should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

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 0.97% higher. Walt Disney is currently sporting a Zacks Rank of #3 (Hold).

Looking at its valuation, Walt Disney is holding a Forward P/E ratio of 21.79. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 21.79.

We can also see that DIS currently has a PEG ratio of 1.61. 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. The Media Conglomerates was holding an average PEG ratio of 1.52 at yesterday's closing price.

The Media Conglomerates industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 220, putting it in the bottom 13% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our 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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The Walt Disney Company (DIS) : Free Stock Analysis Report

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