Market Update (NYSE:DIS): NOTICE TO DISNEY CURRENT AND FORMER EMPLOYEES: Zamansky LLC Investigates The Walt Disney Company’s (DIS) Employee Disney Savings and Investment Plan for Possible ERISA Violations

[Business Wire] – Zamansky LLC announces that it has commenced an investigation of The Walt Disney Company on behalf of its current and former employees over the Disney Savings and Investment Plan for potential violations of the federal Employee Retirement Income Security Act . Read more on this. The Walt Disney Company (DIS) , currently valued at $158.62B, began trading this morning at $96.55. During the trading session, DIS traded between $96.30 to $97.49 with a one year range of $86.25 to $122.08. DIS shares are currently priced at 16.68x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.08x earnings multiple for the same period. 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, 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. The full-year EPS estimate is $5.83 which would be a $0.68 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $13.21 Billion. If realized, that would be a 6.02% 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. The average price target for DIS shares by the analysts covering the stock is $108.93, which is 12.82% 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