|Bid||0.00 x 100000|
|Ask||0.00 x 100000|
|Day's Range||1,989.01 - 1,996.00|
|52 Week Range||1,693.00 - 2,405.00|
|PE Ratio (TTM)||346.88|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Guggenheim analyst Michael Morris noted today that Disney's management of demand for its theme parks will help it maximize revenue.
Shares of Walt Disney (DIS) have been under pressure ever since investors decided to worry about cord cutting and the impact it would have on ESPN again. At an investor meeting yesterday, however, Disney focused on its theme parks, according to a Guggenheim note. It did reveal not only massive expansions, including the soon-to-open Avatar themed attraction, as well as Star Wars and Toy Story expansions as well, according to Guggenheim analyst Michael Morris and team.
A successful 'Pirates' launch won't mean much for Johnny Depp, but it will signal a reversal of fortune for Walt Disney.