Could The Walt Disney Company (DIS) Skyrocket Even More? The Stock Just Made All Time High

The Walt Disney Company (NYSE:DIS) Logo

Investors sentiment increased to 2.8 in 2019 Q1. Its up 1.46, from 1.34 in 2018Q4. It improved, as 56 investors sold The Walt Disney Company shares while 347 reduced holdings. 219 funds opened positions while 908 raised stakes. 1.09 billion shares or 14.39% more from 954.90 million shares in 2018Q4 were reported.
Birinyi accumulated 6,393 shares or 0.3% of the stock. Smithfield Trust reported 23,518 shares. Pittenger And Anderson holds 0.77% or 88,273 shares in its portfolio. Alpha Windward Ltd Company stated it has 0.21% in The Walt Disney Company (NYSE:DIS). Cim Limited Liability Corporation holds 3.55% in The Walt Disney Company (NYSE:DIS) or 86,979 shares. St Johns Inv Mgmt Com Ltd Com invested 1.3% of its portfolio in The Walt Disney Company (NYSE:DIS). Botty Invsts Limited Liability Corp has invested 0.05% in The Walt Disney Company (NYSE:DIS). Andra Ap reported 0.22% stake. The United Kingdom-based Aviva Plc has invested 0.49% in The Walt Disney Company (NYSE:DIS). Qs Investors Ltd Liability Co reported 0.1% stake. Forbes J M And Ltd Liability Partnership holds 112,572 shares or 2.68% of its portfolio. Albion Grp Ut has invested 1.32% in The Walt Disney Company (NYSE:DIS). Loeb Prtn accumulated 200 shares. Addenda has 0.55% invested in The Walt Disney Company (NYSE:DIS) for 68,208 shares. The Illinois-based Grp One Trading Limited Partnership has invested 0.03% in The Walt Disney Company (NYSE:DIS).

Since January 15, 2019, it had 0 buys, and 3 selling transactions for $232,388 activity. The insider BRAVERMAN ALAN N sold 42 shares worth $4,737.

The stock of The Walt Disney Company (NYSE:DIS) reached all time high today, Jul, 12 and still has $157.62 target or 9.00 % above today’s $144.61 share price. This indicates more upside for the $260.26B company. This technical setup was reported by Barchart.com. If the $157.62 PT is reached, the company will be worth $23.42B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.73% or $1.05 during the last trading session, reaching $144.61. About 6.35M shares traded. The Walt Disney Company (NYSE:DIS) has risen 31.47% since July 12, 2018 and is uptrending. It has outperformed by 27.04% the S&P500.

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on August, 6. They expect $1.76 earnings per share, down 5.88 % or $0.11 from last year’s $1.87 per share. DIS’s profit will be $3.17 billion for 20.54 P/E if the $1.76 EPS becomes a reality. After $1.61 actual earnings per share reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 9.32 % EPS growth.

The Walt Disney Company (NYSE:DIS) Ratings Coverage

Among 10 analysts covering Walt Disney (NYSE:DIS), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Walt Disney had 25 analyst reports since February 7, 2019 according to SRatingsIntel. On Thursday, June 13 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was upgraded by BMO Capital Markets to “Outperform” on Wednesday, April 10. The firm earned “Market Perform” rating on Thursday, February 7 by BMO Capital Markets. Citigroup maintained the shares of DIS in report on Wednesday, May 8 with “Buy” rating. The stock of The Walt Disney Company (NYSE:DIS) has “Buy” rating given on Thursday, April 4 by Goldman Sachs. Imperial Capital maintained it with “Outperform” rating and $14700 target in Tuesday, May 7 report. The rating was maintained by Bank of America with “Buy” on Monday, June 24. JP Morgan maintained The Walt Disney Company (NYSE:DIS) rating on Friday, April 12. JP Morgan has “Overweight” rating and $137 target. As per Tuesday, April 30, the company rating was maintained by Citigroup. On Thursday, June 6 the stock rating was maintained by Citigroup with “Buy”.

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Finance.Yahoo.com which released: “What Investors Should Know About The Walt Disney Company’s (NYSE:DIS) Financial Strength – Yahoo Finance” on June 26, 2019, also Finance.Yahoo.com with their article: “2019 Mid-Year in Review – Yahoo Finance” published on July 12, 2019, Cnbc.com published: “Disney gets a rare downgrade with analyst noting a ‘record’ valuation – CNBC” on June 17, 2019. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Benzinga.com and their article: “What Wall Street Is Saying About Disney+ – Benzinga” published on April 12, 2019 as well as Finance.Yahoo.com‘s news article titled: “How Disney and Other Hedge Fund Favorites Performed in Q2 – Yahoo Finance” with publication date: June 29, 2019.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment firm worldwide. The company has market cap of $260.26 billion. The companyÂ’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It has a 16.18 P/E ratio. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes.

The Walt Disney Company (NYSE:DIS) Institutional Positions Chart

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