Walt Disney Co (DIS) is looking forward to a strong quarter

With 8.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.64 million shares. The 52-week range on DIS shows that it touched its highest point at $115.19 and its lowest point at $78.73 during that stretch. It currently has a 1-year price target of $115.48. Beta for the stock currently stands at 1.41.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DIS was down-trending over the past week, with a drop of -1.25%, but this was up by 10.97% over a month. Three-month performance surged to 21.36% while six-month performance rose 36.06%. The stock gained 11.23% in the past year, while it has gained 22.03% so far this year. A look at the trailing 12-month EPS for DIS yields 1.63 with Next year EPS estimates of 5.47. For the next quarter, that number is 1.07. This implies an EPS growth rate of 23.52% for this year and 17.86% for next year. EPS is expected to grow by 17.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -31.23%.

Float and Shares Shorts:

At present, 1.83 billion DIS shares are outstanding with a float of 1.83 billion shares on hand for trading. On Feb 15, 2024, short shares totaled 17.68 million, which was 0.96% higher than short shares on Jan 12, 2024. In addition to XYT=F as the firm’s BTIC on E-mini Consumer Discret, XAY=F serves as its E-mini Consumer Discretionary S.

Institutional Ownership:

Through their ownership of 67.45% of DIS’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DIS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.