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 up 11 points at 15,067 as of Wednesday, May 8, 2013, 11:35 a.m. ET. During this time, 224.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 601.1 million. The NYSE advances/declines ratio sits at 1,654 issues advancing vs. 1,193 declining with 149 unchanged.
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Holding back the Dow today is Walt Disney (NYSE: DIS), which is lagging the broader Dow index with a $1 decline (-1.5%) bringing the stock to $65.08. Volume for Walt Disney currently sits at 8.5 million shares traded vs. an average daily trading volume of 7.8 million shares.

Walt Disney has a market cap of $117.46 billion and is part of the services sector and media industry. Shares are up 32.7% year to date as of Tuesday's close. The stock's dividend yield sits at 1.2%.

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 21, 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 revenue growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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