Walt Disney Reaches New 52-Week High (DIS)

NEW YORK ( TheStreet) -- Walt Disney (NYSE: DIS) hit a new 52-week high Monday as it is currently trading at $44.17, above its previous 52-week high of $44.12 with one million shares traded as of 9:40 a.m. ET. Average volume has been 11.5 million shares over the past 30 days.

Walt Disney has a market cap of $70.25 billion and is part of the services sector and media industry. Shares are up 15.4% year to date as of the close of trading on Friday.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 16.4, above the average media industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Walt Disney Ratings Report.

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