Is The Walt Disney Company a Buy?
The Walt Disney (NYSE: DIS) company has entered a period of massive change, but it will come out the other side in better shape than it's currently in.
In its most recent quarter, the company reported a 5% decrease in year-over-year earnings per share (EPS). On top of that, through the first three quarters of its fiscal year, the Mouse House saw EPS drop from 4.63 in 2016 to $4.55 in 2017.
Those are modest dips, but there are concerns about the company's long-term health largely because of to how cable television is changing. Cord-cutting, the practice of dropping full-priced cable for streaming alternatives, has picked up speed. That's very bad news for Disney's ESPN, the channel that commands the highest carriage fees of any cable network (the amount the cable companies pays the channel owner per subscriber), and it has deeper implications for the company.
Source: Fool.com
Netflix Inc. Stock
Our community is currently high on Netflix Inc. with 80 Buy predictions and 7 Sell predictions.
With a target price of 649 € there is a slightly positive potential of 2.3% for Netflix Inc. compared to the current price of 634.4 €.
