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Paramount Global (PARA)
:PARA
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PARA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.54 - $15.70
Previous CloseN/A
Volume2.64M
Average Volume (3M)8.86M
Market Cap
$7.35B
Enterprise Value$20.82B
Total Cash (Recent Filing)$317.00M
Total Debt (Recent Filing)$8.23B
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Feb 12, 2025EPS Estimate
0.16Last Dividend Ex-Date
Dec 16, 2024Dividend Yield1.95%
Share Statistics
EPS (TTM)-8.89
Shares Outstanding626,272,500
10 Day Avg. Volume8,682,448
30 Day Avg. Volume8,857,886
Standard Deviation0.17
R-Squared0.28
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)6.50
P/FCF Ratio8.00
Enterprise Value/Market Cap2.83
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit2.87
Enterprise Value/Ebitda-4.79
Forecast
1Y Price Target
$12.45Price Target Upside21.23% Upside
Rating ConsensusHold
Number of Analyst Covering15
Paramount Global Class B News
Bulls Say, Bears Say
Bulls Say
Management ProjectionsPARA's S-4 shows higher management projections for AOIBDA and FCF vs street, possibly due to cost cuts and/or a new P+ international strategy.
Profitability And RevenueDTC's 2nd consecutive quarter of profitability remains encouraging: PlutoTV is profitable, and domestic DTC is on track to be profitable in 2025.
Streaming 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.
Linear TV ExposureThe company has above average exposure to linear TV's secular headwinds.
Streaming BusinessConcerns exist over the long-term profit potential of its streaming business.
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Ownership Overview
0.64% Insiders
17.77% Mutual Funds
0.52% Other Institutional Investors
55.29% 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’s price range in the past 12 months?
Paramount Global lowest stock price was $9.54 and its highest was $15.70 in the past 12 months.
What is Paramount Global’s market cap?
Paramount Global’s market cap is $7.35B.
When is Paramount Global’s upcoming earnings report date?
Paramount Global’s upcoming earnings report date is Feb 12, 2025 which is in 21 days.
How were Paramount Global’s earnings last quarter?
Paramount Global 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 overvalued?
According to Wall Street analysts Paramount Global’s price is currently Undervalued.
Does Paramount Global pay dividends?
Paramount Global pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 1.95%. See more information on Paramount Global dividends here
What is Paramount Global’s EPS estimate?
Paramount Global’s EPS estimate is 0.16.
How many shares outstanding does Paramount Global have?
Paramount Global has 626,272,500 shares outstanding.
What happened to Paramount Global’s price movement after its last earnings report?
Paramount Global 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 -4.007%.
Which hedge fund is a major shareholder of Paramount Global?
Among the largest hedge funds holding Paramount Global’s share is Ariel Investments LLC. It holds Paramount Global’s shares valued at 151M.
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Paramount Global Class B Stock Smart Score
Unlock Smart Score
1
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9
10
Analyst Consensus
Hold
Average Price Target:
$12.45 (21.23% Upside)
$12.45 (21.23% Upside)
Blogger Sentiment
Bullish
PARA Sentiment 70%
Sector Average 67%
Sector Average 67%
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
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.52%
12-Months-Change
Fundamentals
Return on Equity
-31.05%
Trailing 12-Months
Asset Growth
-15.35%
Trailing 12-Months
Company Description
Paramount Global
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
Earnings Call Sentiment|Positive
The earnings call highlights Paramount Global's strong performance in DTC subscriber growth, cost reduction efforts, and impressive content achievements. Despite some challenges in licensing revenue and ongoing issues with Nielsen, the overall outlook remains positive with expectations for continued growth and profitability in key segments.Read More>---
PARA Stock 12 Month Forecast
Average Price Target
$12.45
▲(21.23% Upside)
Technical Analysis
Best Analysts Covering PARA
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+17.72%
reiterated a sell rating 9 days ago
Copying Kannan Venkateshwar's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +17.72% per trade.
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