DIS - The Walt Disney Company
138.90 -0.24 (-0.17%)
After hours: 4:31PM EST
| Previous Close | 139.54 |
| Open | 139.02 |
| Bid | 139.03 x 1100 |
| Ask | 139.12 x 1100 |
| Day's Range | 138.10 - 139.66 |
| 52 Week Range | 107.32 - 153.41 |
| Volume | 7,872,913 |
| Avg. Volume | 9,795,990 |
| Market Cap | 251.209B |
| Beta (5Y Monthly) | 0.94 |
| PE Ratio (TTM) | 23.42 |
| EPS (TTM) | 5.94 |
| Earnings Date | May 07, 2020 - May 12, 2020 |
| Forward Dividend & Yield | 1.76 (1.26%) |
| Ex-Dividend Date | Dec 12, 2019 |
| 1y Target Est | 160.92 |
- Investor's Business Daily
Is Netflix Stock A Buy Right Now? Here's What NFLX Earnings, Charts Show
Netflix stock has flattened out since January. That helped in the stock market correction. But can the stock regain its former leadership now that we have an uptrend?
- MarketWatch
This is the cheapest time to visit Disneyland and Disney World
Disney increased the prices of some tickets and passes for its theme parks in California and Florida.
- American City Business Journals
Hollywood prop veteran relocating to Atlanta — tripling his size and cutting rent
A trio of companies will form one of the most formidable prop rental/set dressing stops in the East Coast.
- Reuters
Regulators should allow RTL and ProSieben to merge - Rabe
The head of publisher Bertelsmann said its TV arm RTL should be allowed to merge with German rival ProSiebenSat.1, to give them a fighting chance against U.S. streaming giants. Thomas Rabe's comments - in an interview with Frankfurter Allgemeine Sonntagszeitung published on Sunday - come as European broadcasters explore ways to join forces against the onslaught from established players Netflix and Amazon Prime that are now being joined by Disney and Apple. ProSieben has become the focus of takeover speculation after Italy's Mediaset amassed a 15.1% stake in the Munich-based broadcaster towards the end of last year.
- Barrons.com
Giant Canadian Fund Sold Disney and Starbucks Stock. Here’s What It Is Buying.
The Ontario Teachers’ Pension Plan, one of the biggest pensions in the world, more than doubled its BlackBerry stockholdings in the fourth quarter.
- Barrons.com
How Netflix Wins Despite Underperforming at the Oscars
The streaming giant had 25 nominations and only two wins at the Academy Award. But the stock price went up. The reason: Lots of chatter about the company’s content.
- Investor's Business Daily
Roku Stock Spikes Then Reverses After Fourth-Quarter Report
Bulls and bears tussled over Roku stock on Friday after the streaming video platform reported strong revenue growth and user numbers but continued losses. Roku jumped early then fell hard.
- Benzinga
Roku Shares Down After Initial Rally On Q4 Print, But Analysts Optimistic
Investors bought on the better-than-expected fourth-quarter earnings print from Roku Inc (NASDAQ: ROKU), but the streaming company's showing couldn't hold their interest for a second day, as the stock gave back the gains Friday. Olivetree Financial tech sector strategist Dan Forman praised Roku's Thursday print for a 71% year-over-year gain in platform segment revenue, which was a record at nearly $260 million, and strong player segment revenue growth that also topped expectations.
- Bloomberg
Roku Turns Lower as Outlook Overshadows Active Account Beat
(Bloomberg) -- Roku Inc. shares fell on Friday, erasing an initial rally that came in the wake of its better-than-expected fourth-quarter results.Analysts were broadly positive on the quarter, the latest to show strong momentum at the video-streaming platform as consumers cut the cord on traditional cable services and move toward services like Netflix or Disney+However, the adjusted loss per share beat expectations by a smaller degree than is typical for the company. In addition, some firms expressed concern over the stock’s valuation following a recent surge, and said the Ebitda guidance looked light.Shares fell 7.8% after earlier spiking as much as 8.7%. The stock remains down more than 20% from a record close, though it has risen more than 30% off a September low, and it remains up more than 300% from the start of 2019.Here’s what analysts are saying about the results:Macquarie Research, Tim NollenThe outlook “is a bit below our admittedly bullish estimates,” given more investment costs and “a more measured international roll-out” than expected.Expects a full-year loss of $1.33 a share, compared with a prior view of a loss of 38 cents a share.Outperform, $170 price target.Loop Capital Markets, Alan Gould“While the company has executed well, it still faces substantial potential competition.” It is “difficult to justify the $18 billion enterprise value.”Sell, $80 price target.SunTrust Robinson Humphrey, Matthew ThorntonActive account additions “were well ahead of consensus,” which is likely due in part to Disney+. However, the Ebitda outlook “is well below consensus,” and competing platforms could pressure Roku’s margins.“Roku continues to execute and is well-placed in the secular shift to internet TV.”Hold, $160 price target.Rosenblatt Securities, Mark ZgutowiczThis was a “generally stellar quarter,” and the outlook underscores Roku’s “widening scale and market leverage.”Sees signs of “meaningful” international growth ahead.Buy, price target raised to $190 from $159.RBC Capital Markets, Mark MahaneyThe company’s platform business “looks like a sustainable 50% grower.” Fundamentals were “solid” in the quarter, with only a “very modest” deceleration in growth from “robust levels.”Outperform, price target $170 from $160.Stephens, Kyle EvansThe outlook was “in line or above consensus where it mattered most -- revenue and gross margin in its Platform segment.”A “heavy” launch cycle for streaming video on demand services in 2020 and 2021 “is likely to drive [average revenue per user] higher for the foreseeable future.”“Investors wanting exposure to connected T.V. will continue to bid Roku upward.”Overweight, $155 price target.Susquehanna Financial Group, Shyam PatilThe report and outlook “continue to highlight Roku’s strong momentum.” Active accounts rose more than expected, and “engagement growth was also strong.”Positive, price target raised to $170 from $150.Guggenheim, Michael Morris“Roku holds an attractive position within an expanding global steaming market and ultimately has the potential for a higher valuation.”Buy, $150 price target.What Bloomberg Intelligence Says:Roku is “still well-positioned to benefit from the secular shift away from traditional pay-TV, as the company reinforced its position as the No. 1 TV streaming platform in the U.S.”\- Analyst Amine Bensaid\- Click here for the research(Updates with afternoon trading, adds Macquarie comments)To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Scott Schnipper, Steven FrommFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- TheStreet.com
Roku CFO: Apple TV+ and Disney+ Are Good for Us, and Vice Versa
Roku CFO Steve Louden says new streaming services didn't dent Roku in December; instead, Roku helped them get going.
- American City Business Journals
Bill Curry Executive Profile: 'Champions will persevere no matter what you do to them'
Atlanta Business Chronicle recently caught up with the retired coach to talk about growing up in the South, overcoming obstacles and what it takes to be a leader.
- TheStreet.com
Roku Shares Surge As Disney, Apple Launches Drive Solid Q4 Revenue Gains
Roku's streaming platform added 4.6 million new customers over the December quarter, thanks in part to new offerings from media giants Disney and Apple.
- Bloomberg
Roku Gains After Surge in Active Accounts Fuels Revenue Beat
(Bloomberg) -- Roku Inc. reported a surge in new active accounts in its fourth-quarter results, with the video-streaming platform benefiting from the debut of new services like Disney+. The account additions beat expectations and the shares gained as much as 13% in extended trading.Active accounts rose by 4.6 million to 36.9 million in the quarter, compared with the average estimate of 35.9 million, according to Bloomberg Consensus estimates. Roku also reported a loss of 13 cents a share on revenue of $411.2 million. Wall Street had been looking for a loss of 14 cents a share and revenue of $391.7 million.“Disney has had a lot of positive press out in the market and we’ve been a very good source of viewership for Disney+ and they’ve been a good partner,” Chief Financial Officer Steve Louden said in an interview.For the first quarter, Roku forecast sales of $300 million to $310 million and a loss of $18 million to $23 million before interest, taxes, depreciation and amortization. Wall Street was looking for sales of $296.8 million and Ebitda of $4.2 million.Thursday’s after-hours move comes after a pronounced gain that has seen shares jump almost 180% over the past year. The company is one of the most visible plays on the so-called over-the-top video sector, which has grown increasingly popular as consumers cut the cord on traditional cable packages and gravitate instead toward on-demand streaming. Walt Disney’s service, launched in November, was seen as accelerating this trend.Roku’s position within this market has made it a favorite among analysts. According to data compiled by Bloomberg, 13 firms recommend buying the stock, while two have hold-equivalent ratings and three advocate selling.Roku’s streaming platform has had a “great” reception in Brazil after debuting there last month, Louden said. The Los Gatos, California-based company has a “huge opportunity” in international markets, where the move to streaming is still in “early days,” he said.(Adds CFO comment in third and last paragraphs.)To contact the reporters on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.net;Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Greg ChangFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- American City Business Journals
Coronavirus threatens Chinese ticket sales for Disney's 'Mulan' ($DIS roundup)
China's coronavirus has hit Disney's theme park business and is spreading to its movies — specifically, "Mulan."
- Benzinga
Streaming Is Now 20% Of TV Viewing, Netflix Clings To Top Spot
About 20% of American TV consumption is now done by streaming, according a new report from Nielsen that also says Netflix Inc (NASDAQ: NFLX) remains the top way customers stream their entertainment. According to an Axios report on the latest Nielsen data, almost a third of streamers are watching content on Netflix, followed by YouTube at 21% and Walt Disney Co's (NYSE: DIS) Hulu at 12%. The Amazon Prime service from Amazon.com, Inc. (NASDAQ: AMZN) gets another 8% of viewers.
- Simply Wall St.
Key Things To Consider Before Buying The Walt Disney Company (NYSE:DIS) For Its Dividend
Is The Walt Disney Company (NYSE:DIS) a good dividend stock? How can we tell? Dividend paying companies with growing...
- Reuters
RPT-Soccer-UEFA teams up with Disney in a bid to boost girls participation
UEFA has teamed up with Disney to launch a pan-European project aimed at increasing the number of girls playing football. The biggest-ever attempt to boost girls' involvement in the game will start this spring in seven European countries before being introduced across the continent, European soccer's governing body said on Thursday. The new 'Playmakers' project is aimed at girls aged five to eight years old, who are not currently playing football, and is focused around play and games involving popular Disney characters and storylines.
- American City Business Journals
Work to ramp up on this Disney resort project
Construction crews at Walt Disney World finally are gearing up for vertical construction on a planned new resort. A new notice of commencement filed with Orange County shows construction teams are prepping storage units at the site of the future Reflections: A Disney Lakeside Lodge project, set for completion by 2022. Reflections, a new 900-room resort slated to be built on the former River Country water park site, will be nature-themed and have Disney Vacation Club villas for the theme park company's timeshare customers.
- MarketWatch
Baby Yoda, ‘OK boomer’ and ‘Megxit’ have been added to Dictionary.com’s slang dictionary
Just when you thought 2019 was over, some of the year’s most popular phrases have been added to Dictionary.com’s slang dictionary. The digital dictionary updated its archives on Wednesday to include 20 new slang terms from the past year or two, including “OK, boomer,” “Megxit” and Baby Yoda. John Kelly, the senior research editor at Dictionary.com, told MarketWatch that the buzzworthy words and phrases were selected by analyzing the site’s search data, monitoring trends on social media, as well as tracking themes seen within pop culture at large.
- American City Business Journals
McDonald's is top-ranked Chicago company in Brand Intimacy Study
Other major Chicago-based brands, including Hyatt, MillerCoors and United Airlines, wound up even further down the list in the new rankings than did the burger behemoth.
- Benzinga
How Disney+ Subscribers Compare To Netflix, Amazon Prime And More
Wall Street is ambivalent on Netflix Inc (NASDAQ: NFLX ) as more and more streaming rivals emerge. One of its opponents is proving itself increasingly formidable. Where Disney+ Stands In its first three ...
- Zacks
Alibaba, NETGEAR, Netflix, The Walt Disney Company and Sony highlighted as Zacks Bull and Bear of the Day
Alibaba, NETGEAR, Netflix, The Walt Disney Company and Sony highlighted as Zacks Bull and Bear of the Day
Reuters VideosUEFA and Disney work to get girls playing soccer
Disney and UEFA have teamed up in an unlikely partnership to inspire the next generation of female soccer players. Their Playmakers project hopes to encourage young girls in Europe, aged five to eight years old, to join the sport using characters from popular Disney movies like the Incredibles 2. UEFA's Head of Women's Football and former soccer star, Nadine Kessler explains: (SOUNDBITE) (English) UEFA HEAD OF WOMEN'S FOOTBALL, NADINE KESSLER, SAYING: "UEFA Playmakers Inspired by Disney is more than just another football program. Playmakers is there to inspire the next generation of football-loving girls. It's the first-ever pan-European wide, grassroots program for 5 to 8-year-old girls. And we hope Europe's girls will soon be able to step into the magical world of football as they take their first step on their football journey." Playmakers is set to launch in seven countries this Spring including Scotland, Norway, and Austria, before a full European roll-out. Research says 84% of girls under 17 are not meeting global fitness guidelines and teenage girls are half as likely as boys to participate in sports. UEFA has ambitiously committed to doubling the number of women playing soccer by 2024.
