Is Disney Stock a Buy, Sell or Hold at a P/S Multiple of 1.77X?

As we approach the end of 2024, investors are closely scrutinizing Disney (DIS) and weighing their options. With its stock trading at a 2-year forward price-to-sales (P/S) multiple of 1.77, compared to the Zacks Media Conglomerates industry average of 1.07X, many are wondering whether Disney represents a buying opportunity or is a stock to sell or hold.Disney's premium valuation relative to its peers reflects the market's continued faith in the company's brand power and diverse revenue streams. However, thi ...