#9 - Walt Disney (NYSE:DIS)
Walt Disney (NYSE: DIS) Admit it, when you look through your social media feed it’s hard to deny that Walt Disney World, and its surrounding properties, continues to have tremendous appeal regardless of the time of year. So while they are increasingly being known, and defined, as an entertainment brand, they are still magical at monetizing their theme parks and resorts which help offset any weakness it may suffer in its entertainment business. As a case in point, in 2017 despite weakness in its studio business, the company was able to limit its earnings decline to a single percent largely due to strength in its theme parks. Although analysts expect Disney to enjoy continued revenue growth through its parks and resorts, as well as the release of several successful films such as Ant Man and The Wasp, they are equally excited about Disney’s successful bid to buy select assets of 21stCentury Fox which would broaden its content base.
About Walt Disney
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
More- Current Price
- $110.41
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 21 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $125.65 (13.8% Upside)
