KarYong

DISNEY - Accumulation Opportunities around 101.20

Giá lên
NYSE:DIS   Walt Disney Company (The)
I've been scanning the US equities market for some interesting companies to accumulate.

Disney caught my attention.

Fundamental

The fundamentals for Disney is very strong -

1) Revenue has been growing for the past 5 years;
2) Net income has been growing for the past 5 years;
3) FCF has been increasing for the past 5 years;
4) Net margin has been increasing for the past 5 years, and is above 15%;
5) ROE has been increasing for the past 5 years, and is above 20%;
6) ROA has been increasing for the past 5 years, and is above 10%.

Some minor concerns -

1) Current ratio has been hovering just above 1.00;
2) Quick ratio has been hovering slightly below 1.00;
3) Debt-to-equity ratio has been increasing, but still below 0.5%.

Technical

I'm seeing a potential expanding diagonal forming with divergence. Potential retracement level is between 97.68 to 101.20. This provide us with a decent area to start accumulating Disney.

P.S. This is not a trade call, nor is this analysis fully extensive, so do your own due diligence.

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