Why Disney (DIS) Stock Closed Down Today

NEW YORK (TheStreet) -- Shares of The Walt Disney Co.  (DIS) declined in Friday's trading session after data company Nielsen reaffirmed that Disney's ESPN unit lost 621,000 subscribers in a month, CNBC reports.

"This most recent snapshot from Nielsen is a historic anomaly for the industry and inconsistent with much more moderated trends observed by other respected third party analysts," ESPN said in a statement.

The decline is ESPN's biggest ever, representing more than twice the average monthly drop in ESPN subscribers over the past few years, Fortune reported.

The figure has exacerbated cord-cutting fears.

Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B.

Disney's strengths such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and expanding profit margins outweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: DIS

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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