A view outside the Disney store in Times Square during the coronavirus pandemic on April 20, 2020 in New York City.
Imperial Research analyst David Miller on Thursday downgraded his rating on the Walt Disney Co. to from "in-line" to "underperform," writing: "The stock has risen too far too fast and the performance is due simply to excitement around the prospects of the domestic theme parks re-opening." Miller noted that Disney shares have risen 21.2 percent over the last four weeks, advising investors to "take profits, as Disney now looks like a name that should be 'traded,' rather than 'owned,' at least for now."
At the time, fiscal 2020 and 2021 earnings consensus estimates for Disney were $6.46 per share and $7.51 per share, respectively. "Those consensus figures were established under the notion that Disney's studio business would continue operating at full tilt, and that both domestic parks operations, as well as the cruise line and all the hotels, would continue operating at somewhere between 88 percent and 92 percent capacity," Miller explained.
If it falls its a problem and if it rise its a problem
I own 2 shares, i should be able to afford 2 hot dogs and a shake now.
Boo hoo.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney proposes partial reopening of Walt Disney World on July 11Walt Disney Co aims to begin reopening its Walt Disney World theme parks in Orlando, Florida on July 11, a company executive said on Wednesday. good luck with that I feel bad for Disney employees but things reopening sounds like a horrible idea.
Source: Reuters - 🏆 2. / 97 Read more »
Disney proposes partial reopening of Walt Disney World on July 11Walt Disney Co aims to begin reopening its Walt Disney World theme parks in Orlando, Florida on July 11, a company executive said on Wednesday. That sounds... deadly. Wearing a mask in FL in the middle of summer? Ugh. Not enough money in the world
Source: Reuters - 🏆 2. / 97 Read more »
Disney plans to reopen Walt Disney World starting on July 11Walt Disney Co plans to reopen the world's largest theme park, Walt Disney World, in phases beginning on July 11, if the governor of Florida approves. Disney parks were a cesspool of germs before Covid. Murderers. Disney World sets July 11 reopening date , unveils coronavirus safety precautions.
Source: Reuters - 🏆 2. / 97 Read more »
Disney CEO explains why it's safe to go back to Disney WorldDisney World is set to reopen, but is it safe to return to the 'most magical place on earth'? Disney CEO Bob Chapek believes so. Hahaha.. enjoy your second wave of Rona America. Will Mickey or Donald or goofy be wearing facemasks. Or how about the kids. This is the dumbest move by Disney since that infamous pro nazi piece that suddenly vamished 😂😂 It's gonna grow bigger and bigger and bigger and Dennis gonna burst 2nd wave.......... And then it's gonna grow bigger and bigger and bigger and then it's gonna burst 3rd wave.......... CEO walk around the parks with the people, prove me wrong. Short answer: No.
Source: CNN - 🏆 4. / 95 Read more »
Disney and the NBA in conversations to complete basketball season at Walt Disney World'We would be thrilled to see the NBA finish up their season at Walt Disney World,' Bob Chapek, the chief executive officer of the Walt Disney Company, told ABC News' RebeccaJarvis. RebeccaJarvis I love watching billionaires stroke each others ........egos RebeccaJarvis Aren't they playing OVER THEIR FEADS? RebeccaJarvis I bet. Greedy bastids
Source: ABC - 🏆 471. / 51 Read more »
Disney+'s 'Secret Society of Second-Born Royals' gets action-packed first trailer and premiere dateDisney+ just released the first trailer for 'Secret Society of Second-Born Royals,' along with announcing the premiere date for the new movie. Read on for details. The concept is that royal families get super powers, i.e. they rule by genetic superiority. This is so backward and bigoted that it defies belief that anyone would release such a film in which they're the heroes, not the tyranny to defeat. DisneyChannelPR What's up with all these stupid Disney shows an movies anymore ? Why is Disney + getting all the attention now an us cable prescriber's getting screwed how's that fair to us we shouldn't half to pick or choose I love the original Disney channel an always will .
Source: EW - 🏆 713. / 51 Read more »