rtmark
LearnBonds.com

The Walt Disney Stock Dominated in 2019 Amid Studio Business

Disney stock

The Walt Disney (NYSE: DIS) stock price outperformed the industry peers and the broader market indices in 2019 due to the massive success of its studio business. In addition, its studio business nailed down a full third of domestic grosses in fiscal 2019. This is the first time in the past 20 years that any single studio business has captured a huge market share.

Disney stock price bounced 32% in fiscal 2019, up from the rally of 29% in the S&P 500 index. DIS shares are currently trading around the highest level in history. The shares are likely to extend momentum in fiscal 2020 amid the successful launch of the Disney Plus streaming service. The company also has the potential to launch new movies every month in 2020.

DIS The Walt Disney Company daily Stock Chart

Studio Business is Likely to Offer Support to The Walt Disney Stock in 2020

Its studio business generated $3.765B in domestic gross revenues in fiscal 2019. This represents 33.2% of the overall market share. Meanwhile, its closest peers such as Warner Bros and Universal accounted for 13.7% and 13.4% of market share.

Six best Disney films in 2019 include Endgame, The Lion King, Toy Story 4, Frozen II, Captain Marvel and Star Wars. The company is well set to generate double-digit growth in fiscal 2020 from studio business. This is because of several new film launches in 2020.

Variety said, “Disney is set to take a bit of a breather on Marvel and Star Wars releases, and the industry is shifting resources to the streaming wars, Disney still has a film set to open every month for the next four years.”

Disney Plus is Adding to Confidence

Walt Disney has experienced substantial subscribers’ growth for its streaming service. Barron’s predicted that Disney has already achieved 25M subscribers to its Disney Plus streaming service. The market reports are showing sustainable growth in subscribers in the coming quarters. The reports are showing that Disney can easily achieve 39 million subscribers by the end of the fiscal year.

Trusted & Regulated Stock & CFD Brokers

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Avatar

Based in Saudi Arabia, Siraj has a strong understanding of and passion for accounting and finance. He has worked for international clients for many years on several projects related to the stock market, equity research and other business, accounting and finance related projects. Siraj is a published financial analyst on the world's leading websites including SeekingAlpha, TheStreet, MSN, and others.