Stock Update: The Walt Disney Company (NYSE:DIS) – Gameloft Releases New Game Disney Magic Kingdoms on Smartphones and Tablets

[PR Newswire] – Gameloft, a leading digital and social game publisher, in collaboration with Disney, today launched Disney Magic Kingdoms for iPhone, iPad, iPod touch, Android and Windows Phone. Players will live the thrill of their favorite Disney Park by embarking on a new adventure with Mickey Mouse and all his friends, as they endeavor on a mighty quest to restore the kingdom’s magic from evil powers. Disney Magic Kingdoms allows players to enter the timeless world of Disney and experience magical moments of the Parks by building with fun attractions like Space Mountain, California Screamin’ and It’s a small world, and sharing spectacular moments with beloved Disney characters from Disney Pixar’s “Wall-E” and “Toy Story,” Disney’s “Tangled” and more. Read more on this. The Walt Disney Company (DIS) , with a current market cap of $162.50B, started trading this morning at $98.28. During today’s session, DIS traded between $98.28 to $99.91 with the price of the stock fluctuating between $86.25 to $122.08 over the last 52 weeks. DIS shares are currently priced at 16.85x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -3.01x forward p/e ratio. And for dividend hunters, the company pays shareholders $1.42 per share annually in dividends, yielding 1.44%. In a review of the consensus earnings estimate this quarter, 31 sell-side analysts are looking at $1.40 per share, which would be $0.17 better than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.83 would be a $0.68 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 $13.22 Billion. If realized, that would be a 6.10% increase over the year-ago quarter. More recently, Piper Jaffray upgraded DIS from Neutral to Overweight (Mar 3, 2016). Previously, Atlantic Equities downgraded DIS from Overweight to Neutral. When considering if perhaps the stock is under or overvalued, the average price target is $108.93, which is 10.84% 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 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