Companies with Exposure to Harry Potter Revenues
Friday, July 15, 2021 10:51 AM

After a lot of consideration, I decided to do some research on the companies that are involved directly or indirectly, with the most awaited and the highest grossing motion picture series Harry Potter. The latest and the last edition of the Harry potter series is released today. The last 6 editions of the series grossed more than 6 billion dollars, way more than the second highest grossing motion picture series of James bond, which has more than 28 movies under its sleeve. The James Bond series have grossed $4.2 billion from its releases.

The last edition of the Harry Potter series, called “Harry Potter and the Deathly Hallows 2” has been released worldwide today and is expected to beat all its previous records as the emotions of the fans are high, considering it will be the last movie of Harry Potter series to hit the theatres.

Time Warner Inc. (NYSE: TWX) is directly involved with Harry Potter movies as its business unit Warner Bros. is the producer of the Harry Potter Movies. Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The stock has given a 17.5 percent return in the last 1 year and has a dividend yield of 2.63 percent. According to analysts the stock has minimum risk and has a price target of $41 a share. TWX is trading at $35.55, down 0.59 percent on Friday

Amazon.com Inc. (Nasdaq: AMZN) operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. In addition, the Company generates revenue through other marketing and promotional services, such as online advertising, and co-branded credit card agreements. The company has been involved in selling the highest number of Harry Potter series books and DVD’s in the past. The company is also expected to generate revenues from the sale of the DVD’s of the latest edition of Harry Potter. The stock has given a return of more than 70 percent in the last 1 year to investors. However, the company does not pay any dividends on its stocks. Analysts believe the stock is a buy with a price target of $217 a share. AMZN is trading lower by 0.29 percent to $209.77 today.

Scholastic Corp. (Nasdaq: SCHL) together with its subsidiaries, publishes and distributes children’s books, as well as develops educational technology products in the United States and internationally. The company publishes the Harry Potter books and distributes them around the world. The stock has given a return of 5.7 percent in the last one year and has a dividend yield of 1.47 percent. Analysts believe that the stock is trading below average risk, with a price target of $37 a share. The stock is trading at $26.78, up 0.68 percent on Friday.

Electronic Arts Inc. (Nasdaq: ERTS) develops, markets, publishes and distributes game software and content that can be played by consumers on a variety of video game machines and electronic devices (platforms). Electronic Arts develops, markets, publishes and distributes Harry Potter games all around the world. The company is expected to cash in on the Harry Potter Mania during the current quarter. The stock has gained 58 percent in value in the last 1 year. Analysts believe that the growth in the sales of video games are going to increase in the coming quarters, hence the stock was recently initiated by analysts at Brean Murray with a hold rating, with a price target of $25 a share. ERTS was trading up by 0.68 percent to $23.67 on Friday.

Fossil Inc. (Nasdaq: FOSL) a global designer, marketer and distributer company that specializes in consumer fashion accessories, produces Harry Potter watches. The company has shown some great increase in its value over the past few months, and the Harry Potter mania is one of them. Customers are looking for merchandizing related to Harry Potter as the end of the series comes near. Fossil’s stock has returned more than 18 percent in the last one month and is currently at its all time high. Analysts believe that the company is below average risk level and have set a price target of $131 a share. The stock is currently trading lower by 0.20 percent to $127.77 a share.

General Electric Co. (NYSE: GE) is also involved with the Harry Potter series and the revenues from it. Orlando’s Universal houses “The Wizarding World of Harry Potter” theme park, which is a subsidiary of NBC Universal, and that is 80 percent owned by General Electric. GE’s stock has given a 31 percent return in the last 1 year and has a dividend yield of 3.20 percent. Recently analysts at Argus upgraded the stock rating to buy from neutral with a rice target of $24 a share. GE is currently trading lower by 1.30 percent to $18.29 a share.


 

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