Stock Update: The Walt Disney Company (NYSE:DIS) – Disney, other U.S. theme parks boost security screenings

[Reuters] – Major U.S. theme parks in Florida and California, including Disney, SeaWorld and Universal Studios, are adding security measures to screen visitors, park officials said on Thursday. Walt Disney Co is also ending sales of toy guns at its parks, banning visitors over the age of 14 from wearing costumes and adding randomized secondary screenings of visitors with metal detectors. Read more on this. The Walt Disney Company (DIS) , with a current market cap of $186.67B, started trading this morning at $114.13. Shares have traded today between $110.17 and $114.48 per share with a one year range of $90.00 to $122.08. Walt Disney (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 for the same period. The company pays shareholders $1.42 per share in dividend income per year, for a current yield of 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. What we find to be interesting is 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 based on a consensus revenue forecast of the current quarter of $14.78 Billion. If realized, 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. Given all the information above, we should disclose to readers that the average price target is $119.25, which is 4.49% above than it 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) – The Walt Disney Company’s Startup Accelerator Program Announces 2015 Participants Company Update: The Walt Disney Company (NYSE:DIS) – ‘Tradition Meets Innovation’ at Disney Consumer Products Showcase at Disney’s D23 EXPO 2015