With 6.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.52 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 $124.79. 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 up-trending over the past week, with a rise of 0.05%, but this was up by 4.17% over a month. Three-month performance surged to 31.20% while six-month performance rose 37.84%. The stock gained 16.66% in the past year, while it has gained 29.75% 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 1.10. This implies an EPS growth rate of 24.89% for this year and 17.80% for next year. EPS is expected to grow by 19.12% 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
