Stock Update: The Walt Disney Company (NYSE:DIS) – ‘Star Wars’ To Bring Tears To Fans, Cheers For Disney

[at Investor’s Business Daily] – A slew of breathless “Star Wars: The Force Awakens” reviews ahead of the film’s theatrical release added to already high expectations for Walt Disney’s (DIS) massive box office and merchandising … Read more on this. The Walt Disney Company (DIS) , valued at $188.12B, started trading this morning at $114.58. Looking at the stock, its one day range is $111.80 to $114.75 with the price of the stock fluctuating between $90.00 to $122.08 over the last 52 weeks. DIS shares are currently priced at 19.82x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.24x earnings multiple. And for dividend hunters, the company pays shareholders $1.42 per share annually in dividends, yielding 1.30%. In a review of the consensus earnings estimate this quarter, 29 sell-side analysts are looking at $1.43 per share, which would be $0.16 better than the year-ago quarter and a $0.01 sequential increase. Investors should also note that the full-year EPS estimate of $5.66 is a $0.51 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $14.78 Billion. If reported, that would be a 10.38% increase over the year-ago quarter. More recently, Credit Agricole Initiated DIS at Outperform (Sep 2, 2015). Previously, Bernstein downgraded DIS from Outperform to Mkt Perform. The average price target for DIS shares is $119.25, which is 4.08% above where the stock opened this morning. See more in (NYSE:DIS) Similar Articles: Company Update: The Walt Disney Company (NYSE:DIS) – The Walt Disney Company Executives to Discuss Fiscal Full Year and Fourth Quarter 2015 Financial Results via Webcast Market Update: The Walt Disney Company (NYSE:DIS) – Disney Publishing Worldwide Launches Inspirational New Multiplatform Property, ‘Star Darlings’ Stock Update: The Walt Disney Company (NYSE:DIS) – Disney is betting big on ‘Star Wars’ merchandise with unboxing extravaganza