Is Disney Stock a Buy at $130? | DIS Stock Analysis
Disney stock is up this week on news the company reorganized their DTC business to better focus on streaming plays such as Disney+, ESPN+, and Hulu. The effect of the pandemic on Disney parks, and the shrinking revenues from cable networks and movie theaters has forced the company to focus on new revenue models. Investors now have to determine if it is worth "buying the news" on Disney's new business plans, or is it worth waiting for the next stock market dip.
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This stock analysis of Disney includes their PE ratio, earnings per share, analyst price targets, and outlook for 2021 EPS. I use the current PE and EPS projections for DIS to help you make your own investment decisions.
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The Walt Disney Company (DIS)
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