|Bid||34.87 x 4000|
|Ask||34.89 x 800|
|Day's Range||34.08 - 35.07|
|52 Week Range||23.22 - 38.77|
|Beta (3Y Monthly)||1.75|
|PE Ratio (TTM)||11.63|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||45.86|
Netflix Beats Analysts’ Q1 Estimates, Weak Guidance DisappointsNetflix in Q1The world’s largest video streaming service provider, Netflix (NFLX), announced impressive first-quarter results after the closing bell on April 16, beating Wall
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu faces competition in the streaming space Hulu faces stiff competition from streaming giants like Netflix (NFLX), Amazon (AMZN) Prime, AT&T’s (T) HBO Now, and
Walt Disney (NYSE:DIS) is one of the hottest names in the market right now, and for good reason. While the iconic firm has dominated traditional media, the entertainment landscape has increasingly shifted toward the streaming arena. That left Disney stock in technical limbo over the last several years as Wall Street pondered its next move.Source: Shutterstock However, the company's Disney+ streaming service left observers with little doubt as to management's intentions. They're going after sector leader Netflix (NASDAQ:NFLX) with guns blazing. After the Disney+ announcement, DIS stock jumped 11.5% last Friday. On the following Monday, shares built on the spike rally, adding 1.5% in value.Not only that, bullish volume levels hit multi-year record highs. That fact sets this rally apart from others in the past. Investors genuinely believe that Disney stock will finally make good on its potential. It's hard not to see why. As I and others have argued, DIS enjoys a massive, enviable content umbrella.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Still, streaming isn't a simple, binary road. Here are three factors to consider for DIS stock as it relates to Disney+: Discount Disney+ Pricing Has RisksUndoubtedly, one of the main draws for Disney+ is its price point. At $6.99, this dramatically undercuts Netflix's monthly subscription charge. Not only that, Netflix raised prices for its services this year. Therefore, the Magic Kingdom's announcement comes at an awkward and disadvantageous time for the streaming giant.Obviously, the markets feel the same way. While Disney stock launched toward the moon, NFLX shares absorbed a sizable hit on Friday. The volatility wasn't nearly as bad on Monday, but Netflix nevertheless did not enjoy a positive session. But are NFLX shareholders shaking in their boots?I doubt it. Although Disney+ represents a shot across the bow, management's pricing strategy is risky. Low prices are naturally good for consumers, and usually good for the issuing company. However, context matters. In this case, Disney doesn't need to attack Netflix on pricing.As I mentioned earlier, the company enjoys a massive content umbrella. Therefore, Disney should aggressively compete on this platform.Moreover, both Disney and Netflix offer inexpensive options relative to traditional TV packages from AT&T (NYSE:T) or Dish Network (NASDAQ:DISH). The scale is small enough so that the average consumer can easily afford both streaming options.Eventually, I expect pricing for Disney+ to rise, which should benefit DIS stock longer term. Content Synergies to Boost Disney StockLike millions of Star Wars fans, I eagerly watched the teaser trailer for the final segment of the iconic saga. No matter how the movie plays out, Disney will likely rake in record-breaking revenues, providing another boost for DIS stock.But what shareholders must really love is management's plans for the franchise. Launching Disney+ wasn't just a matter of attacking Netflix, although it's doing exactly that. Rather, it's also about injecting new life into its marquee entertainment brands. Not only does this keep the brands relevant, but it also sets up future motion-picture projects.Here's what I mean: while everyone awaits the ninth and final episode of the Star Wars saga, Disney+ will showcase The Mandalorian. This is the first live-action Star Wars TV series, which can take this science-fiction universe into limitless avenues. If initial responses to The Mandalorian's teaser trailer are anything to go by, Disney stock has a massive winner waiting in the wings. * 10 Best Stocks to Buy and Hold Forever After a few seasons of this TV series, the audience may hunger for another feature film. Therefore, the company can leverage Disney+ to pump out Star Wars movies but without causing fatigue. Essentially, this is a green light for DIS stock. Disney+ Features the Broadest AppealOne of the biggest strengths for Netflix is that it features edgy content. On several occasions, I've had friends and colleagues tell me to join the streaming service so that I can watch Narcos.Showcasing the Colombian drug trade during the 1980s, Narcos is raw and gritty. It appeals not only for its storyline but also for the fact that for most of us, we'll never get close to the cocaine industry. In a way, this show provides us an avenue to explore our darker ambitions legally.Here's the problem: you can't show this content to children for a host of patently obvious reasons. Plus, a great many adults would rather not watch such violent and macabre "entertainment."Disney+, while it's a content powerhouse, will not take many content risks. Their service will appeal to the widest demographic possible. In turn, this move will appeal to current and future stakeholders of Disney stock.As of this writing, Josh Enomoto is long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 3 Things to Watch for Disney Stock As It Ventures Into Streaming appeared first on InvestorPlace.
Big Media Scrambling to Contain Cord-Cutting Effects(Continued from Prior Part)Sling gets new advertising boss Dish Network (DISH) has hired Dave Antonelli as head of advertising and sales at its Sling TV unit. The company stated that “Dave will
Inside Media Companies' Transformation Efforts: DISCA, VIAB, CBSBBC Studios to take UKTV’s entertainment channelsDiscovery (DISCA) is on track to receive about $240 million from a transaction with BBC. Early this month, Discovery announced a plan
Investors have bid up Disney (NYSE:DIS) shares since the company officially unveiled its new internet video offerings on Thursday. DIS stock spiked that day and have gained more than 12% as the market mulls the promise of Disney+ streaming.But even under the most optimistic scenarios, the company's internet video products won't be profitable anytime soon. Disney's streaming offerings will, in all likelihood, never generate nearly as much revenue as the company's current media networks, and DIS will likely face a choice of either losing a great deal of money on them or gaining very few subscribers. So until the streaming sector consolidates, Disney+ will probably only put pressure on its bottom line, tamping gains in Disney stock.With that forecast in mind, here are four reasons why the recent streaming-related DIS stock gains are overdone:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Even a Big Bull Doubts Profit Anytime SoonJPMorgan analyst Alexia Quadrani believes that Disney's new entertainment internet video offering, Disney+, will "ultimately" have "as many as 160 million subscribers worldwide,"versus Netflix's (NASDAQ:NFLX) total, as of the end of last year, of 139 million subscribers, Barron's reported early last March.Given that Quadrani -- bullish on DIS stock for most of the past seven years -- says that Disney+ could have many more subscribers than NFLX, which has a first-mover advantage and has become extremely popular, I'd say she's very upbeat on the service's prospects.And yet, Quadrani, who says she has "confidence in the resilient success of Disney+," predicts that the service will lose money until 2022, when, she expects it will break even.If she thinks that Disney's most wide-ranging internet video offering, which will include its most recognizable brands, won't break even until 2022, it's safe to assume that she expects its other two internet video offerings, ESPN+ and Hulu, to lose money for an even longer time. In all likelihood, if investors see that the new offerings will be unprofitable for some time, they will become less enthused about Disney stock. * 8 Risky Stocks to Watch as Earnings Season Kicks Off Other analysts have put dollar figures on the amount that they expect DIS to lose on the streaming services in the medium term. MoffettNathanson analyst Michael Nathanson expects the services to lose $3.9 billion this year and $4.9 billion in 2020,, and Bernstein analyst Todd Juenger says the losses will be higher than that, assuming that the company tries to sell its streaming services overseas.I don't think that the Street will be as upbeat on DIS stock when Disney starts actually reporting those losses. DIS Internet Video Won't Ever Generate as Much Cash as Old TVData indicates that Quadrani's subscriber estimates could be overly optimistic.In 2017, a poll quoted 36% of 18-to-29 year-olds as saying "they were likely" to subscribe to a Disney entertainment streaming service.But since then, competition in the sector has increased and is expected to continue to do so. (See below). With the stepped-up competition, millenial consumers have become frustrated with the large number of choices they have. That frustration will only increase as even more companies, like Apple (NASDAQ:AAPL) and AT&T's (NYSE:T) Time-Warner, enter the fray.For the sake of argument, let's say that 25% of millennials wind up actually subscribing to Disney+. Given the high appeal of Disney's sci-fi and animation-heavy content and streaming to that age group, a higher percentage of them than Americans overall are likely to subscribe to the service. (I can't see many Baby Boomers or even "empty nesters" in their late 40s or 50s subscribing to Disney+).Assuming that 15% of American households subscribe to Disney+, at its current price of $70 per year, that equates to total annual revenue of $1.3 billion. Assuming that another 100 million overseas subscribe, at the same price, that equates to another $7 billion. If Hulu generates a third as much revenue for DIS as Disney+ in the U.S., and 25% as much overseas, it will bring in around another $2.7 billion.Let's say that ESPN+ also brings in 33% as much revenue as Disney+ in the U.S., and, given foreigners' preoccupation with their own local sports, only 10% as much revenue overseas. That would add another $1 billion to Disney's coffers. That comes to a grand total of around $12 billion per year for all three streaming solutions, and I don't think that level will be reached until 2022 at the earliest.In 2018, Disney's media networks generated $24.5 billion of revenue. So internet video in 2022 would generate about half as much revenue for DIS as Media Networks did in 2018, under fairly optimistic scenarios. So if 50% of Disney's old media revenue goes by the wayside in three years as cable and broadcast TV become less and less prevalent, the company's top line will remain unchanged. * 7 High-Risk Stocks With Big Potential Rewards Some will argue that DIS will be able to raise its subscription prices meaningfully by then. Given the steep competition it faces, I doubt that will be the case. But let's say it raises its prices by 30%, and the revenue from its old Media Networks still declines by 50% in three years. Under that scenario, its media top line will have risen by a grand total of 15% over five years. Should a 15% increase over five years really make investors excited about DIS stock, especially when Disney's streaming services at that point, under the best-case scenario, will barely be profitable? Horrible ChoiceAccording to techradar, "Disney+ plans to have four to five exclusive TV shows and four to five original movies ready for the late 2019 launch." By contrast, Netflix plans to have dozens of new shows and movies coming out in just April and May of this year.When it comes to content on Disney+ and Hulu, it appears that DIS will have a horrible choice: spend almost as much on new content as Netflix and have its online video service lose billions of dollars every year like NFLX does, but have tens of millions of subscribers like Netflix, or have mostly old films and reruns of old shows and become a niche content provider for around 15 million parents of small children and sci-fi and animation enthusiasts. Put another way, it's hard to imagine many more than 20 million households around the world shelling out money for a streaming channel that consists primarily of TV reruns, old movies, and current Disney Channel and ABC fare. So DIS and the owners of DIS stock face an unappetizing choice: very high content costs or relatively low revenue. Either way, Disney+ won;t be profitable. Competition Is Fierce And Getting FiercerI've written about the tremendous competition in the internet-video market many times. In addition to Netflix and Amazon, Dish (NASDAQ: DISH) ,Roku (NASDAQ:ROKU), and Plex have offerings in the sector, Two more big kahunas -- Apple and Time Warner -- will enter the race soon. And Hulu and Disney+ could even wind up stealing each other's users.I doubt whether most households will want to pay for more than two or three of these services. Given Netflix's first-mover advantage and the plethora of strong competitors, that means the other services probably have a ceiling of 40 million U.S. households. That, in turn, is more bad news for the outlook of Disney stock.As of this writing, the author did not own the stocks of any companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 4 Reasons Why Investors Have Become Too Optimistic About Disney Stock appeared first on InvestorPlace.
Big Media Scrambling to Contain Cord-Cutting Effects(Continued from Prior Part)Could Disney be prepping for a price war with Netflix? Walt Disney’s (DIS) highly anticipated streaming video service, Disney Plus, is set to arrive on November 12. The
Big Media Scrambling to Contain Cord-Cutting Effects(Continued from Prior Part)Real Vision serves the youth marketComcast (CMCSA) recently expanded the lineup of third-party video services its pay-TV customers can access through the Xfinity X1
DENVER, April 15, 2019 /PRNewswire/ -- GoChain has added DISH Network, a Fortune 250 company, as a signing node on GoChain's public network. DISH Chief Information Officer, Atilla Tinic said, "We are curious about new and interesting technology that may help us better deliver for our customers. GoChain's Proof of Reputation (PoR) consensus algorithm relies on "reputable" validators like DISH to sign blocks.
Disney Updates: Analyst Upgrades, Disney+, Theme Parks, and MoreAnalysts’ upgrades on Disney On April 10, the Walt Disney Company (DIS) stock was upgraded by BMO Capital analyst Daniel Salmon, who raised its rating to an “outperform” from a
Charter Communications: What to Expect from Its Q1 Earnings(Continued from Prior Part)Shareholder returns and stock trendsCharter Communications’ (CHTR) closing price on April 5 was $351.44 per share. Based on the closing price, Charter
The bears balked again, ceding control back over to the bulls on Wednesday … not that they did much with it. The S&P 500 mustered a gain of 0.35% yesterday, but hasn't made any real net progress since late last week. Volume, already trending lower, was downright pathetic, with few traders interested in making a commitment.Bed Bath & Beyond (NASDAQ:BBBY) led the way, gaining more than 5% headed into its post-close earnings report. The stock gave up all of that gain and more in after-hours action though, following an unexpected quarterly loss. First Solar (NASDAQ:FSLR) logged an even bigger regular-hours gain though, advancing more than 8% after Goldman Sachs added it to its conviction list.Lyft (NASDAQ:LYFT), on the flipside, was holding the market back, as shares of the newly minted ride-hailing stock fell more than 10% on the heels of news that rival Uber would soon be going public as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNone of those names are setting up great trading moves headed into today's action though. Rather, it's the stock charts of Kellogg Company (NYSE:K), DISH Network (NASDAQ:DISH) and American Airlines Group (NASDAQ:AAL) that are worth a closer look. Here's what to look for. American Airlines Group (AAL)Last year was a tough one for American Airlines Group shareholders. The stock was in a freefall for the better part of 2018, and though we've seen flashes of bullishness since October, nothing has actually shaken the stock out of its downtrend. * 8 Risky Stocks to Watch as Earnings Season Kicks Off The prospect for a bullish reversal, however, hasn't been better at any time in the past year and a half than it is now. There's just a little more work that needs to be done. Click to Enlarge • The first hurdle that needs to be cleared is the falling resistance line that touches all the major peaks going back to September. It's plotted in yellow on both stock charts.• The 200-day moving average line, plotted in white, may also serve as at least a temporary ceiling.• Though the bulls need to secure more ground before the rally takes root, note that it has stopped making lower lows. A triple-bottom near $30 has been formed, which is a precursor to higher lows. Kellogg Company (K)Most stocks were hit hard in the latter part of last year. Kellogg Company was no exception. All told, it lost 28% of its value between September's high and December's low.Matters have quietly started to improve though, and done so in the right way. One more good day could decidedly lock in place all the bullish legwork that's been put on the table so far, and light a nice fire under the rebound effort. Click to Enlarge • For the better part of late last year and early this year, a falling resistance line plotted in yellow on the daily chart continued to drive lower highs. That technical hurdle was clear last month.• In the meantime, resistance at $57.80 has taken shape. That's where K stock has peaked several times since late March, and it's near where the gray 100-day moving average is now.• Though erratic, we've seen some major bullish volume days since the latter half of March. There are some willing bulls out there.• Zooming out to the weekly chart, we simultaneously see the Chaikin line's moved back above the zero line and a fresh MACD buy signal. We don't see either serve up fakeout signals very often for Kellogg Company shares. DISH Network (DISH)With nothing more than a quick glance, DISH Network could be seen as dishing out the same basic volatility it's been dishing out for the past several months. And, maybe that's all it is.A longer, more thoughtful look at the charts of DISH, however, suggests there's something far more constructive underway than we've seen in months. Although it's still entirely likely we could see sizable pullbacks from here, the bigger-picture tide appears to have taken a nice turn for the better. Click to Enlarge• As of right now, and since last month, DISH Network stock is above the white 200-day moving average line. That's a first since the middle of 2017.• DISH stock is also above horizontal resistance around $34, plotted with a red dashed line on the daily chart. The stock peaked there a couple of times before now, but it wasn't a problem last week.• The new convergence of all the key moving average lines is about to set up a cross of the purple 50-day moving average above the 200-day line. These so-called "golden crosses" are a big hint of a tidal change.• If the rally can get and keep traction and break above the ceiling near $37, there's no well-established resistance until you get back to 2017's high around $66.50.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off Compare Brokers The post 3 Big Stock Charts for Thursday: DISH Network, American Airlines Group and Kellogg appeared first on InvestorPlace.
The second price rise in nearly 14 months comes as YouTube expands its offering to better compete with a growing number of services, including Dish Network Corp's Sling TV, AT&T's DirecTV Now and Hulu, which are vying to attract viewers cancelling cable subscriptions, or cord cutting. Google had raised the price of YouTube TV from $35 to $40 in February last year.
NEW YORK , April 10, 2019 /PRNewswire/ -- DISH Media today announced that Dave Antonelli has been selected to lead advertising strategy and revenue for Sling TV. "Dave will apply his insights into ...
T-Mobile is launching TVision Home, a rebrand of Layer3 TV, in eight markets — including Longmont. It was a cable-like TV service. At the time it was acquired, Longmont was the only Colorado city where Layer3 offered service.
Charter Communications: What to Expect from Its Q1 Earnings(Continued from Prior Part)Charter’s moving averages Recently, Charter Communications (CHTR) went below its 20-day moving average, which indicates bearish sentiment in its stock. On April
Charter Communications: What to Expect from Its Q1 Earnings(Continued from Prior Part)Ratings and target price According to data compiled by Reuters, as of April 5, among the 30 analysts tracking Charter Communications (CHTR) stock, 21 recommended a
Charter Communications: What to Expect from Its Q1 Earnings(Continued from Prior Part)Charter’s scale As of April 5, Charter Communications (CHTR) had a market capitalization of $79.1 billion, which you can see in the following chart. Dish Network
Comcast Stock Rises after Receiving an Analyst UpgradeComcast’s analyst upgradeComcast (CMCSA) stock rose 0.6% in premarket trading on April 9 after analysts at Macquarie upgraded its rating to an “outperform” from a “neutral.” Macquarie
Charter Communications: What to Expect from Its Q1 Earnings(Continued from Prior Part)Charter’s EBITDA growth For the first quarter, analysts expect that Charter Communications (CHTR) will report an adjusted EBITDA of $4.0 billion. The amount would
Charter Communications: What to Expect from Its Q1 Earnings(Continued from Prior Part)Charter’s revenuesCharter Communications (CHTR) is expected to report total revenues of $11.2 billion in the first quarter—an increase of ~5.1% on a YoY
Charter Communications: What to Expect from Its Q1 EarningsCharter’s first-quarter earningsCharter Communications (CHTR) is scheduled to report its first-quarter results on April 30. Analysts expect the company’s earnings to rise in the first
DISH Network Corp NASDAQ/NGS:DISHView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for DISH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding DISH is favorable, with net inflows of $26.48 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording 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 worthinessCredit default swap | NeutralThe current level displays a neutral indicator. DISH credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.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.
What's the Latest from Comcast and Dish Network?(Continued from Prior Part)Executive pay and profits take different directions Dish Network (DISH) paid its top executives more in 2018 than it did in the previous year despite the fact that the company