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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 - $16.30
Previous Close$11.22
Volume8.27M
Average Volume (3M)8.77M
Market Cap
$7.96B
Enterprise Value$21.66B
Total Cash (Recent Filing)$2.44B
Total Debt (Recent Filing)$15.70B
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Feb 12, 2025EPS Estimate
$0.23Last Dividend Ex-Date
Dec 16, 2024Dividend Yield1.78%
Share Statistics
EPS (TTM)-8.89
Shares Outstanding666,975,176
10 Day Avg. Volume8,176,798
30 Day Avg. Volume8,771,153
Standard Deviation0.17
R-Squared0.29
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.45
Price to Sales (P/S)0.26
Price to Cash Flow (P/CF)7.10
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.75
Enterprise Value/Gross Profit2.98
Enterprise Value/Ebitda-4.99
Forecast
1Y Price Target
$12.60Price Target Upside14.75% Upside
Rating ConsensusHold
Number of Analyst Covering14
Paramount Global Class B News
Bulls Say, Bears Say
Bulls Say
Financial ProjectionsManagement's projections for profits and cash have improved, which may increase investor interest due to more bullish outlooks.
ProfitabilityDTC's second consecutive quarter of profitability remains encouraging, with PlutoTV already profitable and domestic DTC on track for profitability.
Subscriber GrowthTotal Paramount+ subscribers were 71.9 million, benefiting from the NFL and scripted programming as well as theatrical releases hitting their streaming window.
Bears Say
Linear TV ChallengesNear-term hurdles remain: linear TV advertising and cord-cutting challenge its growth and free cash flow generation.
Revenue DeclineParamount reported a 6% revenue drop in 3Q at $6.7bn, missing consensus $6.9bn.
Streaming Business ConcernsConcerns exist over the long-term profit potential of its streaming business.
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Ownership Overview
5.53% Insiders
17.87% Mutual Funds
26.48% Other Institutional Investors
24.36% 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 $16.30 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 52 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 1.78%. 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 151M.
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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 (14.75% Upside)
$12.60 (14.75% Upside)
Blogger Sentiment
Bullish
PARA Sentiment 73%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 9.4M 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 ▼ 0.7%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.43%
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
▲(14.75% Upside)
Technical Analysis
Best Analysts Covering PARA
1 Year
1 Year Success Rate
17/21 ratings generated profit
1 Year Average Return
+16.20%
reiterated a sell rating last month
Copying Kannan Venkateshwar's trades and holding each position for 1 Year would result in 80.95% of your transactions generating a profit, with an average return of +16.20% per trade.
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