Walt Disney on track for record sales according analysts

Tomorrow the American company Walt Disney will report her results over the past quarter. Based on the analyst expectation both the revenue and the net profit would be on alltime high levels. For this year the consensus of the revenue equals 56,3 billion dollars. The expectations would mean a record revenue for the company. This is slightly more than the 2015's revenue of 52,47 billion dollars.

Historical revenues and results Walt Disney plus taxations 2016

Waltdisney

For 2016 the analysts estimate a recordnet profit of 9,59 billion dollars. For this year the analyst's consensus of Walt Disney 's result per share is a profit of 5,81 dollars. With these estimates the PE-ratio equals 16,49.

The consensus of the dividend per share is at 1,44 dollars. The dividend yield consequently equals 1,5 percent. The average dividend of the entertainment sector equals a rather low 0,91 percent.

Latest target prices around 109 dollars

Walt Disney is being covered by 5 analysts (only based on fundamental analysis). The average target price for the stock is at 114 dollars. This is around 19 percent more than the current stock price of 95,83 dollars. The three most recent recommendations for the American company were provided by Brean Capital (hold, 100,00 dollars), Goldman Sachs (buy, 108,00 dollars) and ER Capital (buy, 120,00 dollars).

Based on the number of outstanding shares Walt Disney 's market capitalisation equals 153,33 billion dollars.

The stock closed last Friday at 95,83 dollars.

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