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Paramount Global Class B (PARA)
NASDAQ:PARA
Holding PARA?
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PARA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.54 - $17.50
Previous Close$10.33
Volume8.70M
Average Volume (3M)8.23M
Market Cap
$7.37B
Enterprise Value$21.07B
Total Cash (Recent Filing)$2.44B
Total Debt (Recent Filing)$15.70B
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Feb 12, 2025EPS Estimate
$0.23Next Dividend Ex-Date
Dec 16, 2024Dividend Yield1.88%
Share Statistics
EPS (TTM)-8.89
Shares Outstanding666,975,176
10 Day Avg. Volume12,748,997
30 Day Avg. Volume8,234,007
Standard Deviation0.17
R-Squared0.29
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.41
Price to Sales (P/S)0.25
Price to Cash Flow (P/CF)6.70
P/FCF Ratio8.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.73
Enterprise Value/Gross Profit2.90
Enterprise Value/Ebitda-4.85
Forecast
1Y Price Target
$12.60Price Target Upside19.09% Upside
Rating ConsensusHold
Number of Analyst Covering14
Paramount Global Class B News
Bulls Say, Bears Say
Bulls Say
Profitability And Cost ManagementDTC's 2nd consecutive quarter of profitability remains encouraging: PlutoTV is profitable, and domestic DTC is on track to be profitable in 2025.
Revenue And Ad GrowthTotal DTC ad revenues increased 13%, supported by ARPU that benefited from the mix of market launches and the price increase that was implemented in the second half of 2023.
Subscriber GrowthTotal Paramount+ subscribers were 71.9 million, returning to sequential growth, benefiting from the NFL as well as scripted programming and the mix of theatrical releases hitting their streaming window.
Bears Say
Financial PerformanceParamount reported a 6% revenue drop in 3Q at $6.7bn, missing consensus $6.9bn.
Revenue DeclineTV Media revenue was down 6% even including a ~$50m one-time true up, and affiliate fees declined at their fastest pace ever.
Streaming BusinessConcerns exist over the long-term profit potential of its streaming business.
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Ownership Overview
5.50% Insiders
17.46% Mutual Funds
26.43% Other Institutional Investors
24.10% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Paramount Global Class B
Desktop Users
Mobile Users
PARA FAQ
What was Paramount Global Class B’s price range in the past 12 months?
Paramount Global Class B lowest stock price was $9.54 and its highest was $17.50 in the past 12 months.
What is Paramount Global Class B’s market cap?
Currently, no data Available
When is Paramount Global Class B’s upcoming earnings report date?
Paramount Global Class B’s upcoming earnings report date is Feb 12, 2025 which is in 83 days.
How were Paramount Global Class B’s earnings last quarter?
Paramount Global Class B released its earnings results on Nov 08, 2024. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.244 by $0.246.
Is Paramount Global Class B overvalued?
According to Wall Street analysts Paramount Global Class B’s price is currently Undervalued.
Does Paramount Global Class B pay dividends?
Paramount Global Class B pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 1.88%. See more information on Paramount Global Class B dividends here
What is Paramount Global Class B’s EPS estimate?
Paramount Global Class B’s EPS estimate is $0.23.
How many shares outstanding does Paramount Global Class B have?
Paramount Global Class B has 626,272,500 shares outstanding.
What happened to Paramount Global Class B’s price movement after its last earnings report?
Paramount Global Class B reported an EPS of $0.49 in its last earnings report, beating expectations of $0.244. Following the earnings report the stock price went down -3.99%.
Which hedge fund is a major shareholder of Paramount Global Class B?
Among the largest hedge funds holding Paramount Global Class B’s share is Ariel Investments LLC. It holds Paramount Global Class B’s shares valued at 149M.
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Paramount Global Class B Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$12.60 (19.09% Upside)
$12.60 (19.09% Upside)
Blogger Sentiment
Bullish
PARA Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 29.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $973.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.32%
12-Months-Change
Fundamentals
Return on Equity
-31.05%
Trailing 12-Months
Asset Growth
-15.35%
Trailing 12-Months
Company Description
Paramount Global Class B
ViacomCBS Inc. is a diversified multinational mass media conglomerate. The company owns and operates broadcast television stations, and provides cable network services including subscription and a free streaming TV platform. It also engages in developing, producing, financing, acquiring, and distributing films, television programming, and other entertainment content. In addition, the company publishes and distributes adult and children's consumer books in digital, audio and printed formats.
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PARA Company Deck
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PARA Earnings Call
Q3 2024
0:00 / 0:00
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PARA Stock 12 Month Forecast
Average Price Target
$12.60
▲(19.09% Upside)
Technical Analysis
Best Analysts Covering PARA
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+15.08%
reiterated a sell rating 11 days ago
Copying Kannan Venkateshwar's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +15.08% per trade.
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