Stock Update: Time Warner Inc (NYSE:TWX) – Time Warner Announces Participation in Upcoming Investor Conferences

[Business Wire] – Time Warner Inc. today announced its participation in the Morgan Stanley Technology , Media & Telecom Conference and a change in the Company’s presenter at the Jefferies Media & Communications Conference. Read more on this. Time Warner Inc. (TWX) , valued at $51.29B, started trading this morning at $64.35. Today, shares have traded between $63.57 and $65.17 per share with a one year range of $55.53 to $91.34. TWX shares are currently priced at 12.12x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 17.28x earnings multiple. And for passive income investors, the company pays shareholders $1.61 per share annually in dividends, yielding 2.54%. According to a consensus of 29 analysts, the earnings estimate of $1.29 per share would be $0.10 better than the year-ago quarter and a $0.01 sequential decrease. The full-year EPS estimate is $5.33 which would be a $0.58 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $7.35 Billion. If realized, that would be a 3.09% increase over the year-ago quarter. Recently, Telsey Advisory Group Initiated TWX at Outperform (Feb 5, 2016). Previously, Drexel Hamilton Initiated TWX at to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $81.22, which is 26.22% above where the stock opened this morning. See more in (NYSE:TWX) Similar Articles: Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Media Rolls out KernelConnect across Its Entire Footprint, Allowing Clients to Fully Quantify and Optimize the Effectiveness of Campaigns Market Update: Time Warner Inc (NYSE:TWX) – Time Warner Chairman & CEO Jeff Bewkes to Participate in the Goldman Sachs Communacopia Conference Company Update (NYSE:TWX): Time Warner EVP and CFO Howard Averill to Participate in the Bank of America Merrill Lynch Media, Communications & Entertainment Conference
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