Market Update: The Walt Disney Company (NYSE:DIS) – Disney ‘Star Darlings’ Debuts First On-Air Special on Disney Channel

[Business Wire] – Disney today announced the television premiere of the first on-air special of its original new tween property “Star Darlings” FRIDAY, JANUARY 29 on Disney Channel. Read more on this. The Walt Disney Company (DIS) , with a current market cap of $158.45B, started the session at $96.42. A quick look at the market, the company’s stock traded between $95.90 and $96.60 with a one year range of $90.00 to $122.08. DIS shares are currently priced at 17.12x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s -0.96x forward p/e ratio. The company pays shareholders $1.42 per share in dividend income per year, for a current yield of 1.47%. Consensus earnings for the current quarter by the 31 sell-side analysts covering the stock is an estimate of $1.44 per share, which would be $0.17 better than the year-ago quarter and a $0.03 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $5.66 would be 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 $14.74 Billion. If realized, that would be a 10.08% increase over the year-ago quarter. Recently, Barclays downgraded DIS from Equal Weight to Underweight (Jan 15, 2016). Previously, Drexel Hamilton Initiated DIS at to Buy. The average price target for DIS shares by the analysts covering the stock is $114.03, which is 18.26% above where the stock opened this morning. See more in (NYSE:DIS) Similar Articles: Stock Update: The Walt Disney Company (NYSE:DIS) – Disney CEO says ‘Star Wars’ global sales may reach $528 mln-Bbg Stock Update: The Walt Disney Company (NYSE:DIS) – ‘Star Wars’ To Bring Tears To Fans, Cheers For Disney Market Update: The Walt Disney Company (NYSE:DIS) – Disney Publishing Worldwide Launches Inspirational New Multiplatform Property, ‘Star Darlings’