Walt Disney Stock Hits New 52-Week High (DIS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Walt Disney (NYSE: DIS) hit a new 52-week high Friday as it is currently trading at $53.12, above its previous 52-week high of $52.95 with 3.8 million shares traded as of 11:10 a.m. ET. Average volume has been eight million shares over the past 30 days.

Walt Disney has a market cap of $94.56 billion and is part of the services sector and media industry. Shares are up 40.5% year to date as of the close of trading on Thursday.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 17.5, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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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 good cash flow from operations. 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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