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MoviePass Has Little To Fear From Cinemark's Movie Club, Analyst Says
Wednesday, December 6, 2017 - 12:01pm | 464Helios and Matheson Analytics Inc (NASDAQ: HMNY) stock is down 23.9 percent this week after Cinemark Holdings, Inc. (NYSE: CNK) announced its own subscription movie ticket service to rival Helios’ MoviePass. While investors clearly see Cinemark’s Movie Club as a threat to MoviePass,...
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Analyst: Disney Could Trade Range-Bound After Q4 Report
Wednesday, November 15, 2017 - 12:36pm | 427Walt Disney Co (NYSE: DIS) reported fiscal fourth quarter earnings last week, which included a key update on the pricing for the Mouse's streaming video platform, scheduled to enter the market in 2019. The Analyst Loop Capital Markets' David Miller maintains a Hold rating on Disney's...
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Plot Twist: AMC Entertainment's Messy Q3 Carries Positive Themes
Tuesday, November 7, 2017 - 3:26pm | 651Shares of AMC Entertainment Holdings Inc (NYSE: AMC) hit a new 52-week low of $11.25 Tuesday morning, but quickly rebounded into positive territory. Some of Wall Street's top analysts were encouraged by the company's third-quarter earnings report and defended against a concerning guidance...
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'Stranger Things' Not The Only Netflix Catalyst In Q4
Thursday, October 26, 2017 - 11:52am | 385Many fans of Netflix, Inc. (NASDAQ: NFLX)'s "Stranger Things" series will likely be binging on the second season over the weekend. This may prove to be a "core catalyst" for the stock in the fourth quarter, Loop Capital Markets' David Miller said in a research report. Netflix's "Stranger Things"...
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Sorry, Mickey: Why This Analyst Is Reducing Disney's Q4 Earnings Projection
Thursday, October 12, 2017 - 5:28pm | 607Loop Capital Markets rolled back its fourth quarter earnings projections for Walt Disney Co (NYSE: DIS) after previously reducing estimates Sept. 9. The research firm's Q4 non-GAAP earnings per share estimate was reduced from $1.21 from $1.12. On Sept. 9, analyst David Miller had trimmed his...
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MSG Networks Deleveraging Is Working
Wednesday, October 11, 2017 - 10:10am | 467Analysts at Loop Capital Markets turned bullish on MSG Networks Inc (NYSE: MSGN) amid a view that the company will "supercharge" its net debt/AOI ratio below 3.0x by the end of the fiscal year. The firm's David Miller upgrades MSG Networks' stock from Hold to Buy with a price target boosted from $...
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Netflix May Not Be Done Raising Prices
Monday, October 9, 2017 - 10:16am | 446Netflix, Inc. (NASDAQ: NFLX)'s price increase announced last week was for the most part well received by Wall Street analysts and helped the stock hit new all-time highs of nearly $200 per share. However, the price hike was expected for quite some time, and it is "surprising" as to why a price...
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Hurricane Irma Is Already Impacting Expectations For Disney
Friday, September 8, 2017 - 9:21am | 414Even before it hits Florida, Hurricane Irma is already having an impact on Walt Disney Co (NYSE: DIS)’s earnings forecast. CEO Bob Iger said Thursday that earnings for 2017 will come “roughly in line” with the previous year’s, which ended with core earnings of $5.71 per...
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Production Machine: Analyst Feels Comfortable With CBS As Top Pick After Exec Dinner
Friday, August 18, 2017 - 8:47am | 375Analysts at Loop Capital Markets continue to view CBS Corporation (NYSE: CBS) as a top pick after hosting an executive dinner with the company's CEO Leslie Moonves and investor relations EVP Adam Townsend. Loop Capital's David Miller maintains a Buy rating on CBS with an unchanged $78 price...
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The Netflix Effect Is Only Half The Story For Disney
Wednesday, August 16, 2017 - 1:40pm | 406Walt Disney Co (NYSE: DIS) shares have been drifting lower by more than 7.7 percent since the beginning of the month, and some investors have attributed much of the weakness to the company’s recent announcement that it is pulling its content from the Netflix, Inc. (NASDAQ: NFLX) platform and...
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Netflix's Subscriber Numbers Will See 'Very Little' Impact From Disney Deal Cancellation
Monday, August 14, 2017 - 8:42am | 586When Walt Disney Co (NYSE: DIS) announced last week that it would launch two streaming TV services, the move was considered to have far reaching implications for several industries such as cable, satellite and other video streaming companies. The streaming services are set to be rolled out in...
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Disney Downer: When A Movie That Makes $860 Million Is A Drag On Earnings
Thursday, August 10, 2017 - 9:28am | 723“Guardians of the Galaxy Vol. 2” made $861.5 million at the global post office, technically a big hit, but marketing costs for the comic-book romp helped contribute to a lousy third quarter at the box office for the world’s biggest entertainment operation, the Walt Disney Co (NYSE...
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AMC Shares Slammed Amid Q2 Warning; Loop Cuts Target But Maintains Buy
Wednesday, August 2, 2017 - 9:45am | 482AMC Entertainment Holdings Inc (NYSE: AMC) shocked investors on Tuesday with a second-quarter preannouncement, which look "particularly ugly," according to Loop Capital Markets' David Miller. Yet despite a 25 percent plunge in AMC's stock the analyst is parting ways with his bullish stance as he...
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AMC's Stock Is Down On Psychology Rather Than Facts
Monday, July 10, 2017 - 1:37pm | 435AMC Entertainment Holdings Inc (NYSE: AMC)'s stock is being treated unfairly by investors since the business is "clearly working," according to Loop Capital Markets' David Miller. AMC's two most recent earnings reports handily came in above expectations in nearly every relevant metric but this isn'...
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Lamar Advertising Set To Reload On M&A Later This Year
Thursday, June 8, 2017 - 2:27pm | 532Lamar Advertising Company (NASDAQ: LAMR) seems finally poised to re-engage in M&A activity by the end of the year. Thus, Look Capital Markets analyst David Miller, who had believed this activity would occur in 2016 and still sees it happening in the future, has continued his Buy rating and set...