Down 32%, Is Disney a Buy?

Motley Fool2022-10-28

Walt Disney is an iconic name with worldwide recognition value. It owns a powerful collection of entertainment properties. And yet the stock has fallen by over 45% since peaking in early 2021. The ...

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Comments

Tanyl
2022-10-29
Tanyl
Invest some for Dis
- mac0racle:
  Probably
- tungngie:
  planning to do so
Xue91
2022-10-29
Xue91
Nxnxjdkssd
LifeLearner
2022-10-29
LifeLearner
nice
SPOT_ON
2022-10-29
SPOT_ON
Ok
- Xue91:
  B ncnxkxkskd
UTOtrader
2022-10-29
UTOtrader
T
LIMKT
2022-10-29
LIMKT
Ok

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It owns a powerful collection of entertainment properties. And yet the stock has fallen by over 45% since peaking in early 2021. The ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/28/down-32-is-disney-a-buy/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIS","symbol_name":"迪士尼","start_time":0,"source_url":"https://www.fool.com/investing/2022/10/28/down-32-is-disney-a-buy/","article_id":"2278500004","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2278500004","pubTimestamp":1666969180,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"With iconic media properties, Disney is a household name. 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In fact, Disney's \"direct to consumer\" segment lost over $1 billion in the third quarter of 2022 alone. That's a brutal cash drain for any company.Overall, despite materially improved results, Disney's Q3 adjusted earnings only came in at $1.09 per share. Sure, that's up from $0.80 per share in 2021, but it's well below the $1.35 it earned in Q3 2019. Perhaps the big price drop makes sense, given that backdrop and the uncertainty around media consumption trends.One particularly telling factor, meanwhile, is the dividend -- or, in this case, the lack of a dividend. It's perfectly understandable that Disney eliminated the dividend in 2020. But it has no plans to pay one in 2022 and hasn't given any direction about what investors should expect in the future.If Disney's board of directors doesn't think the business has recovered enough to reinstate the dividend, perhaps it hasn't recovered enough to merit owning, either. 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class=\"s1\">B ncnxkxkskd</span>","text":"<span class=\"s1\">B ncnxkxkskd</span>","html":"<span class=\"s1\">B 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