Stock Update (NYSE:DIS): Walt Disney Records To Release Original Motion Picture Soundtrack For Disney•Pixar’s "Finding Dory" On June 17

[PR Newswire] – BURBANK, Calif., June 14, 2016 /PRNewswire/ — Walt Disney Records will release the original motion picture soundtrack for “Finding Dory” on June 17, 2016. The score was composed and conducted by thirteen-time Oscar® nominee and six-time Grammy® winner Thomas Newman (“Spectre,” “Bridge of Spies,” “Saving Mr. Banks”). Rated PG, “Finding Dory” opens nationwide the same day. “To me, he was one of the cast members of ‘Finding Nemo,'” says director Andrew Stanton. “There was no way I could not do ‘Finding Dory,’ says Newman, who was nominated for an Oscar® for his work on “Finding Nemo” and won a Grammy® (best song written for motion picture, television or other visual media) on Stanton’s “WALL•E.” “It’s ironic that a movie about fish—some in aquariums, some in open water—has such a huge range of emotive possibilities—from the hysterical to the deeply profound and primally frightening. Read more on this. The Walt Disney Company (DIS) , valued at $159.65B, began trading this morning at $97.20. Shares have traded today between $97.18 and $98.55 per share with a one year range of $86.25 to $122.08. DIS shares are currently priced at 16.79x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.38x forward p/e ratio. And for dividend hunters, the company pays shareholders $1.42 per share annually in dividends, yielding 1.46%. In a review of the consensus earnings estimate this quarter, 29 sell-side analysts are looking at $1.61 per share, which 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 better 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 $14.14 Billion. If realized, that would be a 7.94% increase over the year-ago quarter. In terms of ratings, 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 12.25% above where the stock opened. 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 Stock Update (NYSE:DIS): Disney Consumer Products and Bandai Will Make a Splash this Summer for Disney∙Pixar’s Finding Dory Company Update: The Walt Disney Company (NYSE:DIS) – The Walt Disney Company Executives to Discuss Fiscal First Quarter 2016 Financial Results via Webcast