With 7.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.18 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $114.25 whereas the lowest price it dropped to was $112.19. 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 down-trending over the past week, with a drop of -4.03%, but this was down by -1.82% over a month. Three-month performance surged to 21.93% while six-month performance rose 30.43%. The stock gained 11.39% in the past year, while it has gained 24.52% 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 24.83% for this year and 17.84% 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 2024-03-28, short shares totaled 19.66 million, which was 106.99999999999999 higher than short shares on 1709164800. 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 0.67494005 of DIS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-30, DIS reported revenue of $23549000000.0 and operating income of $2936000000.0. The EBITDA in the recently reported quarter was $4642000000.0 and diluted EPS was $1.04.
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.
