Walt Disney Stock Essay

356 Words2 Pages

Is it’s the Best Time to Sell Disney’s Shares? Walt Disney (NYSE:DIS) shares soared to the highest level of the last 52-week following a surge of 4% in the last month alone, extending three-month rally to 17%. After a recent rally, investors are questioning whether Disney’s share price is offering a perfect exit point? The company’s stock looks fairly valued trading around 19 times to earnings and 4 times to book ratio, when compared with the industry average of 20.3 and 4.2, respectively. The company performed significantly well in the last couple of quarters, providing a strong support to its share price and valuations. The company generated record revenue of $55.6 billion in FY2016, compared with the revenue of $52.5 billion in the prior

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