Dow Today: Walt Disney (DIS) Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 56.0 points (-0.3%) at 16,787 as of Thursday, Jun 12, 2014, 11:36 a.m. ET. During this time, 85.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 348 million. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,669 declining with 178 unchanged.
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Holding back the Dow today is Walt Disney (NYSE: DIS), which is lagging the broader Dow index with an 84-cent decline (-1%) bringing the stock to $83.47. This single loss is lowering the Dow Jones Industrial Average by 6.36 points or roughly accounting for 11.4% of the Dow's overall loss. Volume for Walt Disney currently sits at 2.3 million shares traded vs. an average daily trading volume of 6.5 million shares.

Walt Disney has a market cap of $146.77 billion and is part of the services sector and media industry. Shares are up 10.3% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1%.

The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.

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 notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

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