Walt Disney (DIS) Outperforms Broader Market: What You Need to Know

Group 1 - Walt Disney's stock increased by 1.12% to $114.17, outperforming the S&P 500's daily gain of 0.01% and the Consumer Discretionary sector's gain of 0.47% over the past month [1][2] - The upcoming earnings disclosure is expected to show an EPS of $1.56, which is a decrease of 11.36% from the previous year, with quarterly revenue projected at $26.04 billion, reflecting a 5.47% increase year-over-year [2] - For the entire year, earnings are forecasted at $6.6 per share and revenue at $101.2 billion, indicating increases of 11.3% and 7.17% respectively compared to the previous year [3] Group 2 - Recent changes in analyst estimates for Walt Disney are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3][4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Walt Disney at 3 (Hold), with a Forward P/E ratio of 17.11, which is above the industry average of 16.86 [5] - Walt Disney has a PEG ratio of 1.57, compared to the industry average PEG ratio of 0.97, indicating a premium valuation relative to its projected earnings growth [6] Group 3 - The Media Conglomerates industry, which includes Walt Disney, is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 86, placing it in the top 36% of over 250 industries [6][7] - The Zacks Industry Rank measures the strength of industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]