I opened $DIS 20240503 113.0 PUT$ ,☃️ Disney’s recent performance, closing at $117.97 with a 0.53% increase, signals potential, especially when outperforming the S&P 500’s 0.15% rise. Over the past month, Disney has seen a 4.49% rise, contrasting with the Consumer Discretionary sector’s 0.89% decline, which indicates a stronger market position. Looking at the financial outlook, Disney is expected to report earnings of $1.08 per share, representing a 16.13% growth year-over-year, and revenue forecasts suggest a 1.13% increase to $22.06 billion. The annual perspective is also promising, with projections of $4.66 per share in earnings and $91.4 billion in revenue. Considering these factors, Disney’s current PEG ratio of 1.7 suggests a valuation that could be attractive compared to the industry standard of 1.89. Feeling bullish! Go Mickey 👍Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
with a peg ratio below the industry standard, disney appears to be attractively valued
go mickey! 🚀