|Bid||102.62 x 500|
|Ask||102.63 x 400|
|Day's Range||101.18 - 102.68|
|52 Week Range||90.32 - 116.10|
|PE Ratio (TTM)||17.90|
|Dividend & Yield||1.56 (1.55%)|
|1y Target Est||N/A|
When Walt Disney (DIS) released its earnings earlier this month, it also made a decision that seemed all but inevitable--to remove its content from Netflix (NFLX) and launch its own streaming service by 2019. Ever since, analysts have been debating whether an over-the-top service could succeed, and how much it would hurt or help Disney's earnings. In a note last week, they wrote that Disney's content could make it "second only to Amazon.com (AMZN)" among kids.
When Walt Disney said it would stop licensing its movies and TV shows to Netflix Inc. in favor of launching its own service investors were concerned—but Netflix will be fine.