Market Update: The Walt Disney Company (NYSE:DIS) " Walt Disney rescues Euro Disney with $1.3 bln funding deal
By Stuart Aton, on October 6th, 2014, 7:13 am in Services
The Walt Disney Company (NYSE:DIS) [Reuters - UK Focus] " Walt Disney Co has come to the rescue of its loss-making subsidiary Euro Disney with a 1 billion-euro funding deal announced on Monday, which could give the U.S. group total control over Europe's biggest ...
Read more on this.
The Walt Disney Company (DIS), currently valued at $152.88B, opened at $88.78.
Looking at the stock, its one day range is $88.64 to $89.17 and has traded between $63.10 and $91.20 over the past year.
Priced at 20.57x this year's forecasted earnings, DIS shares are relatively expensive compared to the industry's 5.76x forward p/e ratio.
And for dividend hunters, the company pays shareholders $0.86 per share annually in dividends, yielding 1.00%.
According to a consensus of 29 analysts, the earnings estimate of $0.88 per share would be $0.11 better than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.30 would be a $0.91 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 $12.36 Billion. If realized, that would be a 6.83% increase over the year-ago quarter.
More recently, Barclays Initiated DIS at Equal Weight (Jul 9, 2014). Previously, Topeka Capital Markets upgraded DIS from Hold to Buy.
When considering if perhaps the stock is under or overvalued, the average price target is $94.32, which is 6.24% above where the stock opened this morning.
Summary (NYSE:DIS) : The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. The Media Networks segment operates broadcast and cable television networks, domestic television stations, and radio networks and stations; and is involved in the television production and television distribution operations. Its cable networks include ESPN, Disney Channels Worldwide, ABC Family, and SOAPnet, as well as UTV/Bindass. This segment owns eight domestic television stations. The Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida that includes theme parks; hotels; vacation club properties; a retail, dining, and entertainment complex; a sports complex; conference centers; campgrounds; golf courses; water parks; and other recreational facilities. This segment also operates Disneyland Resort in California; Disney Resort& Spa in Hawaii; Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses the operations of Tokyo Disneyland Resort. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings, and live stage plays. The Consumer Products segment licenses trade names, characters, and visual and literary properties to retailers, show promoters, and publishers; publishes entertainment and educational books, magazines, comic books; and operates English language learning centers. This segment is involved in the retail and online distribution of products through the Disney Store and DisneyStore.com. The Interactive segment creates and delivers entertainment and lifestyle content across interactive media platforms. The company was founded in 1923 and is based in Burbank, California.
See my Disney Photography at...
https://www.flickr.com/photos/rt_images/
DVC owner since 2002 BCV/BWV/BLT/VGC