It makes sense and dollars to buy Walt Disney Co (DIS) stock

With 13.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 12.76 million shares. The 52-week range on DIS shows that it touched its highest point at $123.74 and its lowest point at $78.73 during that stretch. It currently has a 1-year price target of $122.94. Beta for the stock currently stands at 1.39.

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 -3.22%, but this was up by 3.74% over a month. Three-month performance surged to 27.76% while six-month performance rose 47.21%. The stock gained 17.37% in the past year, while it has gained 29.68% so far this year. A look at the trailing 12-month EPS for DIS yields 1.63 with Next year EPS estimates of 5.53. For the next quarter, that number is 1.09. This implies an EPS growth rate of 24.65% for this year and 18.05% for next year. EPS is expected to grow by 18.29% 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 Mar 15, 2024, short shares totaled 18.65 million, which was 1.02% higher than short shares on Feb 15, 2024. In addition to Mr. Robert A. Iger as the firm’s CEO & Director, Mr. Horacio E. Gutierrez serves as its Senior EVP, Chief Compliance Officer & General Counsel.

Institutional Ownership:

Through their ownership of 67.51% 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.