Dow Jones Industrial Average
) is trading down 153.0 points (-1.2%) at 12,427 as of Wednesday, May 30, 2012, 11:35 a.m. ET. During this time, 223 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 728.1 million. The NYSE advances/declines ratio sits at 367 issues advancing vs. 2,542 declining with 90 unchanged.
Holding back the Dow today is
), which is lagging the broader Dow index with a 17-cent decline (-0.4%) bringing the stock to $45.31. This single loss is lowering the Dow Jones Industrial Average by 1.29 points or roughly accounting for 0.8% of the Dow's overall loss. Volume for Walt Disney currently sits at 3.9 million shares traded vs. an average daily trading volume of 8.7 million shares.
Walt Disney has a market cap of $79.54 billion and is part of the
industry. Shares are up 18.7% year to date as of Tuesday's close. The stock's dividend yield sits at 1.3%.
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 16.3, above the average media industry P/E ratio of 15.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Walt Disney as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Walt Disney Ratings Report.