Dow Today: Walt Disney (DIS) Lower

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.

The Dow Jones Industrial Average ( ^DJI) is trading down 53.0 points (-0.4%) at 14,506 as of Wednesday, Mar 27, 2013, 10:35 a.m. ET. During this time, 122.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 618.1 million. The NYSE advances/declines ratio sits at 771 issues advancing vs. 2,028 declining with 153 unchanged.
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Holding back the Dow today is Walt Disney (NYSE: DIS), which is lagging the broader Dow index with a 33-cent decline (-0.6%) bringing the stock to $56.30. This single loss is lowering the Dow Jones Industrial Average by 2.5 points or roughly accounting for 4.7% of the Dow's overall loss. Volume for Walt Disney currently sits at 2.9 million shares traded vs. an average daily trading volume of 8.6 million shares.

Walt Disney has a market cap of $101.48 billion and is part of the services sector and media industry. Shares are up 13.7% year to date as of Tuesday's close. The stock's dividend yield sits at 1.3%.

The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations. The company has a P/E ratio of 18.1, above 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 solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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