Market Update (NYSE:DIS): The Walt Disney Company to Participate at the Deutsche Bank 2016 Media, Internet & Telecom Conference

[Business Wire] – Bob Iger, chairman and chief executive officer, The Walt Disney Company , will participate in a question-and-answer session at the Deutsche Bank 2016 Media, Internet & Telecom Conference on Tuesday, March 8, 2016 at approximately 4:45 p.m. Read more on this. The Walt Disney Company (DIS) , valued at $159.32B, started the session at $95.90. Today’s price range has been between $95.53 and $97.66 per share with the price of the stock fluctuating between $86.25 to $122.08 over the last 52 weeks. DIS shares are currently priced at 16.38x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.88x earnings multiple. The company pays shareholders $1.42 per share in dividend income per year, for a current yield of 1.49%. According to a consensus of 29 analysts, the earnings estimate of $1.41 per share would be $0.18 better than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.83, which would be a $0.68 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $13.24 Billion. If realized, that would be a 6.26% 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. Investors should keep in mind is that the average price target is $108.39, which is 13.02% above where the stock opened this morning. See more in (NYSE:DIS) Similar Articles: Market Update: The Walt Disney Company (NYSE:DIS) – The Walt Disney Company to Webcast Its Annual Meeting of Shareholders Market Update: The Walt Disney Company (NYSE:DIS) – Disney ‘Star Darlings’ Debuts First On-Air Special on Disney Channel Company Update: The Walt Disney Company (NYSE:DIS) – The Walt Disney Company Executives to Discuss Fiscal First Quarter 2016 Financial Results via Webcast