Stock Update (NYSE:DIS): Disney and Coach Debut Mickey Mouse Collection

[PR Newswire] – NEW YORK, June 10, 2016 /PRNewswire/ — Today, two American classics and global originals join forces for Disney x Coach, a limited-edition collection featuring Mickey Mouse designs on Coach leathergoods and ready-to-wear fashions. Mixing the irreverent with the iconic, the collection will launch exclusively in a specially-designed concept at the Coach store in Soho, New York and at Colette, the celebrated store on rue St. Honore in Paris. It will release on June 17th on coach.com and Coach stores worldwide. Read more on this. The Walt Disney Company (DIS) , valued at $157.94B, opened this morning at $97.15. Looking at the equity, the company’s one day range is $96.78 to $97.71 with the price of the stock fluctuating between $86.25 to $122.08 over the last 52 weeks. DIS shares are currently priced at 16.84x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.91x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.42 per share annually in dividends, yielding 1.44%. According to a consensus of 29 analysts, the earnings estimate of $1.61 per share would be $0.16 better than the year-ago quarter and a $0.04 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $5.81, which would be a $0.66 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $14.14 Billion. If reported, that would be a 7.94% increase over the year-ago quarter. More recently, Pivotal Research Group upgraded DIS from Hold to Buy (Apr 18, 2016). Previously, RBC Capital Mkts Initiated DIS at to Sector Perform. The average price target for DIS shares by the analysts covering it is $109.11, which is 12.31% above where the stock opened. See more in (NYSE:DIS) Similar Articles: Company Update: The Walt Disney Company (NYSE:DIS) – All of Disney’s Wonderful Worlds Come Together at D23 Expo—The Ultimate Disney Fan Event—July 14–16, 2017, in Anaheim, Calif. Stock Update: The Walt Disney Company (NYSE:DIS) – Mattel And Disney Consumer Products Announce Renewed Agreement For Disney*Pixar’s Cars Franchise Market Update: The Walt Disney Company (NYSE:DIS) – Disney ‘Star Darlings’ Debuts First On-Air Special on Disney Channel