Zacks is indicating a good quarter (earnings report due early Aug) but this is a given with the Avengers movie. Looking forward to the DVD release for another earnings boost this fall. Awaiting the Avengers movie release in Japan grossing $80 to 100 million possible. Not a big deal in the short run but adds to the studio division. Next up is another dividend increase announcement in October or November. The way I see it huge capital outlay are ending this year. (Cruise ships and Theme park expansions in both Orlando and California.) This should lead to higher free cash flows and higher dividends again in 2013. I would also expect upgrades from hold and and buy to strong buy. Just my opinion.
When Ron Johnson took over JCP everyone thought a guy from Apple was going to take the stock to the moon. They sure did, JCP hit $42 and now sits at $19! If you have a profit in DIS, take it to the bank as this market takes no prisoners. Do you really depend on Zacks or don't you know its just luck?
I can't imagine anyone not having a profit in Disney right now since it is at an all time high. I'm not saying there will be some profit taking, however buying will be done on the pull backs. Something is certainly driving the stock price today.