Walt Disney, Alibaba Group, and Arista Networks are the three Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies operating in the media and leisure sectors—such as film and television studios, streaming services, music labels, video-game developers and live-event promoters. Their performance is closely tied to consumer demand for content, subscriber growth, box-office returns and trends in digital distribution. Investors buy entertainment stocks to gain exposure to the potential upside (or downside) of shifts in media consumption and technological innovations. These companies had the highest dollar trading volume of any Entertainment stocks within the last several days.
Walt Disney (DIS)
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.
DIS stock traded up $9.85 on Wednesday, reaching $102.02. The company's stock had a trading volume of 23,584,768 shares, compared to its average volume of 10,162,782. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The firm has a market cap of $184.43 billion, a PE ratio of 33.29, a PEG ratio of 1.80 and a beta of 1.49. The business has a fifty day simple moving average of $94.31 and a two-hundred day simple moving average of $104.06. Walt Disney has a 12-month low of $80.10 and a 12-month high of $118.63.
Read Our Latest Research Report on DIS
Alibaba Group (BABA)
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
BABA stock traded down $3.91 on Wednesday, reaching $123.76. 8,724,308 shares of the company traded hands, compared to its average volume of 20,533,639. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a fifty day simple moving average of $124.73 and a 200-day simple moving average of $105.69. Alibaba Group has a one year low of $71.80 and a one year high of $148.43. The company has a market cap of $295.51 billion, a P/E ratio of 17.89, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24.
Read Our Latest Research Report on BABA
Arista Networks (ANET)
Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.
Arista Networks stock traded down $5.76 during mid-day trading on Wednesday, reaching $85.02. The stock had a trading volume of 10,807,522 shares, compared to its average volume of 9,200,418. The company has a market capitalization of $106.75 billion, a price-to-earnings ratio of 38.23, a PEG ratio of 3.10 and a beta of 1.38. Arista Networks has a one year low of $59.43 and a one year high of $133.58. The company has a 50-day moving average price of $79.02 and a two-hundred day moving average price of $97.58.
Read Our Latest Research Report on ANET
Further Reading
Before you consider Walt Disney, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walt Disney wasn't on the list.
While Walt Disney currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
