|Bid||48.56 x 1800|
|Ask||48.57 x 3200|
|Day's Range||48.49 - 48.92|
|52 Week Range||34.12 - 50.15|
|Beta (3Y Monthly)||0.35|
|PE Ratio (TTM)||18.49|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.36 (0.74%)|
|1y Target Est||50.66|
Yahoo Finance Editor-in-Chief Andy Serwer sits down with media mogul Barry Diller, IAC chairman and senior executive. Diller reflects on his path from the mailroom at William Morris, to growing IAC to what it is today. Over the past five years, IAC's stock is up 160%, versus the S&P, 44%. He addresses Netflix's price hike, and touts the importance of tech regulation, while suggesting that the public has overreacted over Facebook. Diller also calls on President Trump to "quit, resign, go home," suggesting his election victory was an "accident."
Netflix Inc. shares fell 1.4% Wednesday, after rival streaming video service Hulu announced price cuts for its monthly service, just a week after Netflix raised the price of its U.S. plan.
The streaming platform’s ad-supported on-demand service will decrease in price to $6 per month, while Hulu + Live TV will go up five bucks to $45.
Streaming video service Hulu has cut prices for its base, ad-supported subscription plan to $5.99 a month from $7.99 a month, effective in February. The move by Hulu, which is jointly owned by Walt Disney Co. , 21st Century Fox Inc. , Comcast Corp. and AT&T Inc. , comes a week after rival Netflix Inc. said it was raising prices in the U.S. by 13% to 18%. For no ads, Hulu said the monthly price will remain at $11.99. Shares of Netflix slumped 1.2% in morning trade, extending its three-day loss to 9.1%, while both the Nasdaq Composite and the S&P 500 eased 0.2%.
Warning! GuruFocus has detected 3 Warning Sign with AAPL. Data shows that some investors GuruFocus tracks have also channeled funds into a specific holding that spans an outsized portion of their portfolios. Investors demonstrating a clear favorite investment include Buffett, Seth Klarman (Trades, Portfolio), Prem Watsa (Trades, Portfolio), Mason Hawkins (Trades, Portfolio), David Tepper (Trades, Portfolio) and Daniel Loeb (Trades, Portfolio).
Will Netflix's Success Continue in 2019?(Continued from Prior Part)Netflix’s free cash flows continue to be negativeNetflix’s (NFLX) negative trend for its free cash flows continued in the fourth quarter. The company posted free cash flows (or
Today we'll look at Twenty-First Century Fox, Inc. (NASDAQ:FOXA) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the Read More...
The quarterly results Netflix (NASDAQ:NFLX) posted after Thursday's closing bell rang cold have been worse, but most investors decided they should have been better. Granted, owners of Netflix stock can be a tough crowd to please. They've become accustomed to not just meeting estimates, but handily topping them. When that didn't happen by all key measures, the stock's steep valuation and unfairly high expectations quickly turned into a liability for the company's stock, sending it lower by 3% in Thursday's after-hours trading action. Of course, the ever-changing landscape of the streaming video market along with a lackluster first quarter view may have nudged investors to that conclusion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Netflix Earnings Recap For the fourth fiscal quarter ending in December, Netflix turned $4.187 billion worth of revenue into an operating profit of 30 cents per share of Netflix stock. Analysts were collectively calling for sales of $4.21 billion, versus the company's previously-offered revenue guidance of $4.199 billion. Fourth-quarter sales were also up 27.4% year-over-year. The bottom line was down from the year-ago comparable profit of 41 cents, but better than the anticipated 24 cents. Netflix's profits have been tough for anyone to handicap, as spending on international expansion -- and the subscriber additions linked to that expansion -- has varied profitability from one quarter to the next. Arguably more important to shareholders, however, was the streaming giant's subscriber growth of 8.84 million -- a record. Pros had been calling for 7.6 million new accounts, down from the 8.2 million added during the fourth quarter of 2017. The company had previously suggested Q4's subscriber additions would also be around 7.6 million. With no margin for error on any of these criteria, relatively modest beats on a couple of fronts and tepid Q1 guidance, though, shareholders readily turned into sellers. ### Tougher Competition Ahead The lackluster quarterly report comes at a time when Netflix stock owners already had much to think about, for better and worse. Earlier in the week, Netflix announced it would be raising the price of its monthly subscription cost by $1 to $2, depending on which plan subscribers currently utilize. Past price increases have been met with mixed responses, with many of them spurring a measurable slowdown in subscriber additions. But, neither revenue growth nor subscriber growth has ever slowed or contracted permanently. The competitive backdrop is different this time, however, which could finally lead to a mostly unexpected headwind. Competitors, simply put, are finally learning how to compete with Netflix, and are legitimately trying to do so. Hulu, a competing streaming platform backed by Walt Disney (NYSE:DIS), Twenty-First Century Fox (NASDAQ:FOXA) and Comcast (NASDAQ:CMCSA), just announced it had expanded its customer base to 25 million thanks to the addition of 8 million viewers last year. It's still a fraction of Netflix's total customer count, but it's notable that Netflix isn't the default go-to choice it was just a few years ago. Meanwhile, so-called "skinny bundles" that don't offer as much variety as traditional cable television does do offer most of what viewers want to watch, continue to gain traction. Dish Network (NASDAQ:DISH) venture SlingTV, for instance, added another 26,000 users during the third quarter of last year, bringing the total headcount to just under 2.4 million. Most major cable names also now offer some sort of portable version of their service along with a respectable library of on-demand programming, if only as an effort to quell the cord-cutting movement partially driven by skinny bundles. These developments may have contributed to Netflix's user-growth shortfall, though much of the headwind remains in front of the company. Disney is also developing a standalone streaming service that should launch later this year after rolling out a successful streaming version of its ESPN channel last year. Netflix still dominates the space, to be clear, and Netflix stock remains the only pure play for investors looking to plug into the opportunity. But, the company's future may not be quite as heroic as its past now that the market is more saturated and competition is heating up. Of particular concern is the level of spending Netflix will have to take on in an effort to attract and retain consumers that are weighing alternatives. Last quarter's cost of revenue was 23% higher on a year-over-year basis, reaching $2.73 billion. As of the previous quarter, a total of $19 billion in content spending commitments were already on its books. ### Looking Ahead for Netflix Stock As of the most recent look prior to the company's fourth-quarter earnings report, analysts were calling for 2019 revenue of $19.9 billion and earnings of $4.11 per share, both of which would be well up from year-ago levels. Nearer-term, analysts are expecting a per-share profit of 84 cents for the quarter now underway, on sales of $4.60 billion. The company expects per share of 56 cents on revenue of $4.49 billion. Subscriber additions for the first quarter are expected to reach, on average, 7.78 million versus 7.41 million for the comparable quarter a year earlier, though the company said in its Q4 review that it's modeling net additions of 8.9 million. * 7 Companies Apple Should Consider Buying The fourth-quarter and full-year report will likely spur some changes to these outlooks, though minor ones at best. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post Netflix Stock Cools Down, But It Still Dominates the Space appeared first on InvestorPlace.
Inside the Impact of Comcast’s New NBCUniversal Streaming Service(Continued from Prior Part)Analysts’ recommendations Of the 33 analysts covering Comcast (CMCSA), 25 have rated the stock as a “buy,” but not a single analyst has rated the
Upon close of the acquisition of 21CF, New Disney will be renamed 'The Walt Disney Company'. New Disney's $12.25 billion commercial paper program will be backstopped by Legacy Disney's revolving credit facilities totaling $12.25 billion.
Inside the Impact of Comcast’s New NBCUniversal Streaming Service(Continued from Prior Part)HuluHulu is a leading online video streaming service provider and is aggressively investing in original content to grow its subscriber base. Hulu
Even after a price hike that sent some Netflix customers to social media in outrage, the company can “continue to raise prices,” said media mogul and tech investor Barry Diller. Besides his prediction on Netflix and the TV streaming wars, Diller explained why critics should back off Facebook, what he thinks of the Trump presidency, and what makes him consider Elon Musk a genius.
# Twenty-First Century Fox Inc ### NASDAQ/NGS:FOXA View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for FOXA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FOXA. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $6.22 billion over the last one-month into ETFs that hold FOXA are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
News Corp on Thursday named chief revenue officer Sean Giancola as his successor. Before that, Mr Giancola served as vice-president of national sales at AOL Advertising. “After 20 years at the Post, it is time for me to move on and let someone else write the next chapter of this storied institution.
ESPN, which already owns the rights to the games in 2020, 2022 and 2024, clearly has the upper hand if it wants the rights
Walt Disney Co. agreed to acquire most of 21st Century Fox -- where James is chief executive officer -- in a transaction valued at $72 billion. The deal has helped add $4 billion to Rupert’s fortune since it was announced in December 2017, boosting his net worth to $18 billion, according to the Bloomberg Billionaires Index. A spokesman for James Murdoch and 21st Century Fox declined to comment.
NASDAQ: FOXA, FOX) announced today the pricing by Fox Corporation ("FOX"), its wholly-owned subsidiary and the company to be spun-off in connection with 21CF's combination with The Walt Disney Company ("Disney") of five series of senior unsecured notes. FOX will issue (i) $750,000,000 aggregate principal amount of 3.666% senior notes due 2022, (ii) $1,250,000,000 aggregate principal amount of 4.030% senior notes due 2024, (iii) $2,000,000,000 aggregate principal amount of 4.709% senior notes due 2029, (iv) $1,250,000,000 aggregate principal amount of 5.476% senior notes due 2039, and (v) $1,550,000,000 aggregate principal amount of 5.576% senior notes due 2049 (collectively, the "Senior Notes"). The offering of the Senior Notes is expected to close on January 25, 2019, subject to the satisfaction of customary closing conditions. FOX will receive gross proceeds of $6,800,000,000 from this offering of the Senior Notes.
Is Netflix Working Its Magic ahead of Its Q4 Results?(Continued from Prior Part)A strong rise in international membershipsNetflix (NFLX) expects total international memberships of 86.2 million and net additions of 7.6 million in the fourth quarter
The issuing entity will be spun off from 21st Century Fox per the $72 billion transaction with Disney, and as such will pay a one-time special dividend to its former parent of $8.5 billion, according to a filing last week. 21st Century Fox, founded by Rupert Murdoch and led by his son James, is expected to maintain investment-grade ratings after the transaction.
Is Netflix Working Its Magic ahead of Its Q4 Results?(Continued from Prior Part)Netflix’s domestic streaming businessNetflix (NFLX) expects revenue of $1.9 billion, a rise of 22% YoY (year-over-year), in the United States (SPY) in the fourth
At this point, Disney is unlikely to find a single buyer to pony up the $20 billion the package is estimated to be worth in time.
# Twenty-First Century Fox Inc ### NASDAQ/NGS:FOXA View full report here! ## Summary * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is extremely low for FOXA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FOXA. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $10.39 billion over the last one-month into ETFs that hold FOXA are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.