DISNEY IS UNDERVALUED!
Multiple factors converging to deliver alpha!
DIS is undervalued by 22% according to latest MorningStar research and 24% below the average of 23 Etrade analysts PT of $117.5, implying 32% upside. Disney hasn't been cheaper on an EV/EBITDA ratio since June 2019. On a Price/Sales valuation it hasn't been this cheap since April 2012!
Technical Analysis shows that SP is currently 42-35% below the 50 and 61.8% Fibonacci retracements. Recommended 1.82 out of 5 as a buy, w/ 1 being the highest on FINVIZ. DIS FWD PE of 17.93 is higher than sector but also 57% below Disney's own 5 year average FWD PE.
Disney has accelerated revenue growth at 15.5% YoY and reached profitability w/ ESPN+ and other streaming services.
Buy now before the everyone else does!
DIS is undervalued by 22% according to latest MorningStar research and 24% below the average of 23 Etrade analysts PT of $117.5, implying 32% upside. Disney hasn't been cheaper on an EV/EBITDA ratio since June 2019. On a Price/Sales valuation it hasn't been this cheap since April 2012!
Technical Analysis shows that SP is currently 42-35% below the 50 and 61.8% Fibonacci retracements. Recommended 1.82 out of 5 as a buy, w/ 1 being the highest on FINVIZ. DIS FWD PE of 17.93 is higher than sector but also 57% below Disney's own 5 year average FWD PE.
Disney has accelerated revenue growth at 15.5% YoY and reached profitability w/ ESPN+ and other streaming services.
Buy now before the everyone else does!
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