|Bid||101.18 x 100|
|Ask||101.19 x 1000|
|Day's Range||100.78 - 101.74|
|52 Week Range||90.32 - 116.10|
|PE Ratio (TTM)||17.62|
|Dividend & Yield||1.56 (1.53%)|
|1y Target Est||N/A|
Shares of Walt Disney (DIS) have dropped more than 8% this month after it announced better-than-expected earnings but reported slowing ad sales. Disney also said it would launch its own streaming service in 2019, one that would require it pulling its content from Netflix (NFLX). Barclays analyst Kannan Venkateshwar and team note that the success of Disney's online service will depend on the kids: In terms of volume, at present Netflix seems to have over 100 Disney titles, which appears to be almost 30% of all the kids content on Netflix (NFLX).
The House of Mouse is setting new boundaries on the relationship, but it isn't really breaking up with the video-streaming leader anytime soon.
Rather than exploring new worlds and pushing the boundaries of the franchise, Disney seems to be using the 'Star Wars Story' movies to milk nostalgia for the original films and answering questions about them that aren't terribly interesting to ask.