Company Update: The Walt Disney Company (NYSE:DIS) – Disney’s Zootopia To Be Released In IMAX® 3D Theatres Domestically And In Select International Markets Including China

[PR Newswire] – LOS ANGELES, Feb. 3, 2016 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) and The Walt Disney Studios, a division of The Walt Disney Company (NYSE: DIS), today announced that Zootopia , Walt Disney Animation … Read more on this. The Walt Disney Company (DIS) , valued at $156.19B, began trading this morning at $94.10. Looking at the stock, its one day range is $92.42 to $95.41 and has traded between $90.00 and $122.08 over the past 12 months. DIS shares are currently priced at 16.42x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s -1.79x forward p/e ratio. The company pays shareholders $1.42 per share annually in dividends, yielding 1.48%. In a review of the consensus earnings estimate this quarter, 31 sell-side analysts are looking at $1.45 per share, which would be $0.18 better than the year-ago quarter and a $0.03 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $5.67 would be a $0.52 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $14.75 Billion. If reported, that would be a 10.16% increase over the year-ago quarter. 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 $111.69, which is 18.69% above where the stock opened. See more in (NYSE:DIS) Similar Articles: 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 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