Stock Update: The Walt Disney Company (NYSE:DIS) – Mattel And Disney Consumer Products Announce Renewed Agreement For Disney*Pixar’s Cars Franchise

[PR Newswire] – EL SEGUNDO, Calif. and GLENDALE, Calif., Jan. 27, 2016 /PRNewswire/ — Global toy leader Mattel (NASDAQ: MAT) today announced a renewed relationship with Disney Consumer Products for the Cars franchise, … Read more on this. The Walt Disney Company (DIS) , valued at $157.06B, began trading this morning at $96.28. Today’s price range has been between $95.26 and $96.63 per share with the price of the stock fluctuating between $90.00 to $122.08 over the last 52 weeks. DIS shares are currently priced at 16.98x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s -0.94x earnings multiple. And for dividend hunters, the company pays shareholders $1.42 per share annually in dividends, yielding 1.47%. In a review of the consensus earnings estimate this quarter, 31 sell-side analysts are looking at $1.44 per share, which would be $0.17 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $5.67, which would be a $0.52 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $14.75 Billion. If realized, that would be a 10.16% increase over the year-ago quarter. More recently, Atlantic Equities downgraded DIS from Overweight to Neutral (Jan 26, 2016). Previously, Barclays downgraded DIS from Equal Weight to Underweight. The average price target for DIS shares by the analysts covering it is $112.38, which is 16.72% above where the stock opened. See more in (NYSE:DIS) Similar Articles: Stock Update (NYSE:DIS): Disney Consumer Products and Bandai Will Make a Splash this Summer for Disney∙Pixar’s Finding Dory Company Update: The Walt Disney Company (NYSE:DIS) – The Walt Disney Company Executives to Discuss Fiscal First Quarter 2016 Financial Results via Webcast Company Update: The Walt Disney Company (NYSE:DIS) – Disney Consumer Products and Interactive Media Introduces New Ways to Turbo Charge Your Disney∙Pixar Cars Collection