Walt Disney Co (DIS): Today's Featured Media Loser

Walt Disney ( DIS) pushed the Media industry lower today making it today's featured Media loser. The industry as a whole closed the day down 0.6%. By the end of trading, Walt Disney fell 47 cents (-1%) to $48.12 on average volume. Throughout the day, 7.1 million shares of Walt Disney exchanged hands as compared to its average daily volume of 9.1 million shares. The stock ranged in price between $47.83-$48.55 after having opened the day at $48.28 as compared to the previous trading day's close of $48.59. Other company's within the Media industry that declined today were: VisionChina Media ( VISN), down 21.5%, AirMedia Group ( AMCN), down 8.4%, Harte-Hanks ( HHS), down 5.5%, and Gray Television ( GTN.A), down 5%.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. Walt Disney has a market cap of $86.85 billion and is part of the services sector. The company has a P/E ratio of 17.8, above the average media industry P/E ratio of 17.4 and equal to the S&P 500 P/E ratio of 17.7. Shares are up 29.6% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Walt Disney a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Walt Disney as a buy. 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.

On the positive front, Gray Television ( GTN), up 8.4%, Dex One ( DEXO), up 6.1%, Noah Education Holdings ( NED), up 4.8%, and Central European Media ( CETV), up 4.4%, were all gainers within the media industry with McGraw-Hill Companies Incorporated ( MHP) being today's featured media industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).
null

If you liked this article you might like

Market Selloff Survival Strategies: Cramer's 'Mad Money' Recap (Thurs 9/21/17)

Royal Caribbean Cruise Set to Sail Through Caribbean Hurricane Disasters?

Microsoft's New Xbox One X Shows It's Done Trying to Please Everyone

'The Handmaid's Tale' Emmy Win Is Really Big for Netflix

Stocks Dad Would Have Loved, And Why He Was Right