World Wrestling Entertainment, Inc. (WWE) Reaches $37.00 High on Feb, 24; Tillys (TLYS) Shorts Increased By 2.7%

February 24, 2018 - By Marie Mckinney

The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) reached all time high today, Feb, 24 and still has $38.11 target or 3.00% above today’s $37.00 share price. This indicates more upside for the $2.86 billion company. This technical setup was reported by Barchart.com. If the $38.11 PT is reached, the company will be worth $85.65 million more. The stock increased 2.89% or $1.04 during the last trading session, reaching $37. About 787,843 shares traded. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 15.92% since February 24, 2017 and is uptrending. It has underperformed by 0.78% the S&P500.

Tillys Inc (NYSE:TLYS) had an increase of 2.7% in short interest. TLYS’s SI was 1.02 million shares in February as released by FINRA. Its up 2.7% from 991,800 shares previously. With 152,100 avg volume, 7 days are for Tillys Inc (NYSE:TLYS)’s short sellers to cover TLYS’s short positions. The SI to Tillys Inc’s float is 7.48%. The stock increased 3.42% or $0.46 during the last trading session, reaching $13.92. About 141,696 shares traded. Tilly's, Inc. (NYSE:TLYS) has risen 60.53% since February 24, 2017 and is uptrending. It has outperformed by 43.83% the S&P500.

Since August 25, 2017, it had 0 insider purchases, and 4 insider sales for $725,177 activity. Bilstad Blake Timothy also sold $50,417 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) shares. $50,016 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) was sold by Kowal Mark on Wednesday, September 6. Shares for $1.50 million were sold by DUNN KEVIN. $551,344 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) was sold by DeVito Basil V. Jr..

Among 13 analysts covering World Wrestling (NYSE:WWE), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. World Wrestling had 29 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) earned “Sector Weight” rating by Pacific Crest on Friday, October 28. KeyBanc Capital Markets upgraded the shares of WWE in report on Monday, February 12 to “Overweight” rating. On Friday, December 22 the stock rating was downgraded by Citigroup to “Neutral”. The firm earned “Buy” rating on Monday, September 25 by Needham. As per Friday, October 28, the company rating was downgraded by Wells Fargo. The rating was maintained by Needham on Wednesday, April 5 with “Buy”. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) has “Buy” rating given on Wednesday, January 24 by Needham. The company was downgraded on Monday, August 3 by Hilliard Lyons. Guggenheim maintained it with “Buy” rating and $42.0 target in Thursday, February 22 report. As per Thursday, January 11, the company rating was maintained by Guggenheim.

Analysts await World Wrestling Entertainment, Inc. (NYSE:WWE) to report earnings on May, 3. They expect $0.10 EPS, up 25.00% or $0.02 from last year’s $0.08 per share. WWE’s profit will be $7.72M for 92.50 P/E if the $0.10 EPS becomes a reality. After $0.21 actual EPS reported by World Wrestling Entertainment, Inc. for the previous quarter, Wall Street now forecasts -52.38% negative EPS growth.

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company has market cap of $2.86 billion. The firm operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios divisions. It has a 88.1 P/E ratio. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets.

Investors sentiment increased to 1.95 in Q3 2017. Its up 0.48, from 1.47 in 2017Q2. It is positive, as 8 investors sold World Wrestling Entertainment, Inc. shares while 29 reduced holdings. 23 funds opened positions while 49 raised stakes. 34.20 million shares or 2.32% less from 35.01 million shares in 2017Q2 were reported. Royal Bancorp Of Canada has 0% invested in World Wrestling Entertainment, Inc. (NYSE:WWE) for 6,624 shares. Majedie Asset Mgmt Ltd holds 0.22% or 113,805 shares. Aqr Cap Mngmt Ltd Co holds 9,548 shares. Texas Permanent School Fund has 0.01% invested in World Wrestling Entertainment, Inc. (NYSE:WWE). Renaissance Tech Ltd Com reported 498,400 shares. Moreover, Pnc Serv Group Incorporated has 0% invested in World Wrestling Entertainment, Inc. (NYSE:WWE). Glenmede Na invested in 0% or 161 shares. Heartland Advisors Inc has 340,583 shares for 0.52% of their portfolio. Cap World Invsts owns 1.14 million shares. California State Teachers Retirement Sys holds 0% or 62,262 shares. Ig Invest Limited has invested 0% in World Wrestling Entertainment, Inc. (NYSE:WWE). Louisiana State Employees Retirement System invested 0.02% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE). Moreover, First Manhattan has 0% invested in World Wrestling Entertainment, Inc. (NYSE:WWE). Rhumbline Advisers has invested 0% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE). Invesco has invested 0% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE).

Since August 29, 2017, it had 0 insider buys, and 23 selling transactions for $7.97 million activity. On Tuesday, October 24 SHAKED HEZY sold $123,064 worth of Tilly's, Inc. (NYSE:TLYS) or 10,000 shares. LEVINE TILLY also sold $299,582 worth of Tilly's, Inc. (NYSE:TLYS) on Thursday, December 14. Kubo Jon sold $143,774 worth of Tilly's, Inc. (NYSE:TLYS) on Tuesday, September 26.

Tilly's, Inc. retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. The company has market cap of $401.55 million. The Company’s apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others. It has a 27.95 P/E ratio. The firm also provides third-party merchandise assortment in its apparel, accessory, and footwear product categories.

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