|Bid||115.00 x 1100|
|Ask||117.45 x 1800|
|Day's range||115.43 - 117.22|
|52-week range||96.89 - 118.10|
|Beta (3Y Monthly)||1.09|
|PE ratio (TTM)||14.79|
|Earnings date||8 Nov 2018|
|Forward dividend & yield||1.68 (1.49%)|
|1y target est||119.35|
My view on the pullback after the Euphoria is that even thought he net sub add for 4q was impressive, it does represent a high bar for the company to jump over. And the stock is still trading at 85 times next’s years EPS for 57% growth. And cash flow per share is still negative all the way into 2020. I guess another question is do you want to put your eggs in the Netflix basket when DIS, TWX, T, and Hulu ramp up their own streaming services. Ultimately isn’t Netflix just a content studio competing with a lot of other streaming content services? Does it look like some weird version of CBS at some point. CBS trades at 1.3x revenues – Netflix is 8x revenues. That won’t happen for a while – but is that the mentality of some investors? This is rare for me, but I don’t have a real opinion on this one – feels like no man’s land for the stock as it waits for direction from the market. Guess while I wait, I will watch The Crown or Stranger Things.
The resort increases rates for parking and annual passes, just as it rolls out date-specific pricing to help smooth out attendance -- and pad its coffers.
AT&T (T) is planning to introduce a new direct-to-consumer streaming video service under WarnerMedia in the fourth quarter of 2019. It has the potential to be a direct competitor to Amazon’s Prime Video, Netflix (NFLX), and Walt Disney Company’s (DIS) forthcoming streaming service. Such a plan could expand AT&T’s existing portfolio of video streaming services that already includes WatchTV and DIRECTV NOW. Based on Future Market Insights report, the global market for subscription video-on-demand (or SVOD) services such as Netflix and AT&T’s DIRECTV NOW is growing steadily.
If approved, Amendment 3 of the Florida Constitution would require 60 percent state-wide support for any new casinos. “The Seminole Tribe of Florida is trying to buy a monopoly," said Dan Adkins, who chairs Citizens for the Truth About Amendment 3, Inc., a political committee fighting the measure and funded by casinos and racetracks, among others. Indeed, Adkins himself has a day job at the Hallandale Beach, Florida, Big Easy Casino, a recently renamed greyhound racing venue that offers gaming options it would love to expand.
On October 15, Walt Disney (DIS) announced that it had offered concessions to the European Commission on October 12 to help resolve the European Union’s (EZU) antitrust concerns and accelerate the approval process of its $71.3 billion acquisition deal with 21st Century Fox (FOXA), according to Reuters. Disney initially made a bid of $52.4 billion to buy Fox’s media and entertainment assets in December 2017, but US cable company Comcast (CMCSA) intervened with its $65 billion offer to purchase these assets from Fox. The fight over the Fox assets came to an end in July after Comcast decided to withdraw from the bidding war for Fox assets and focus on buying a 61% stake in London-based Sky.
Netflix stock (NFLX) declined 1.89% on October 15 after Goldman Sachs and Raymond James slashed their price targets on Netflix on concerns of rising interest rates. Netflix stock has not been doing well recently. Amid heavy selling in Netflix along with many major tech stocks and broader market indexes, Goldman Sachs and Raymond James have cut their 12-month price target forecasts on Netflix, as they fear that the rising interest rates will erode the streaming giant’s valuation.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of The Walt Disney Company (NYSE:DIS) as an investment opportunity by taking Read More...
"Shark Tank" investor Barbara Corcoran recently sat down with Yahoo Finance's Jeanie Ahn to discuss how woman succeed at the negotiating table.
The direct-to-consumer online streaming space is getting crowded, and WarnerMedia said this past week that it plans its own offering.
Disney has offered to pay holders of $18.1 billion of Fox debt a small fee in exchange for their giving up bondholder protections known as covenants, according to research service Covenant Review. The group of noteholders, represented by corporate debt trade group Credit Roundtable, is working with investment bank Houlihan Lokey to help advise it, said David Knutson, a buyside analyst who is a co-leader of the advisory board to the Credit Roundtable. The group’s biggest objection is being unable to trade the bonds until the Disney acquisition closes, he added.