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Paramount Global Class B (PARA)

NASDAQ
Currency in USD
11.19
-0.01(-0.09%)
Closed
Pre Market
11.17-0.02(-0.18%)
PARA Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
11.0611.28
52 wk Range
9.5416.82
Key Statistics
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Prev. Close
11.19
Open
11.18
Day's Range
11.06-11.28
52 wk Range
9.54-16.82
Volume
3.85M
Average Vol. (3m)
2.75M
1-Year Change
-26.72%
Book Value / Share
24.94
Fair Value
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Fair Value Upside
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PARA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
12.77
Upside
+14.12%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Paramount Global Class B Company Profile

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands. This segment also offers domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consisting of CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment provides a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+, and Noggin. The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It also offers production, distribution, and advertising solutions. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York. Paramount Global is a subsidiary of National Amusements, Inc.

Employees
21900

Paramount Global Class B SWOT Analysis


Analyst Outlook
Average price target around $10.67, with projections of long-term earnings growth despite near-term headwinds in content production and advertising
M&A Rollercoaste
Failed Skydance deal raises questions about Paramount's governance and strategic direction, potentially limiting future M&A prospects
TV's Twilight
Traditional TV segment grapples with declining ad and affiliate revenues, outpacing cost-cutting efforts and impacting overall profitability
Streaming Struggles
Paramount+ faces fierce competition in the crowded streaming market, with concerns about low returns on investment and subscriber retention challenges
Read full SWOT analysis
PARA Full Pro Research
Institutional-Grade Stock Analysis
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Bearish and bullish outlooks
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Paramount Global Class B Earnings Call Summary for Q3/2024

  • Paramount Global reports 43% growth in adjusted OIBDA, 46% revenue increase for Paramount+; announces merger with Skydance Media
  • Paramount+ subscriptions forecast net growth in H2 2024; global ARPU up 26%; domestic price increase planned
  • Streamlining plan to save $500M annually; $300M-$400M restructuring charge expected in Q3; $6B goodwill impairment for TV Media unit
  • Multiyear distribution deal with Charter; focus on international streaming partnerships; aims for significant free cash flow growth in 2024
  • Advertising revenue down 6%; TV Media affiliate revenue decreased 5% YoY; licensing revenue declined 35% due to timing and lower volume
Last Updated: 08/09/2024, 11:47 AM
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Compare PARA to Peers and Sector

Metrics to compare
PARA
Peers
Sector
Relationship
P/E Ratio
−1.3x2.9x4.8x
PEG Ratio
0.00−0.080.01
Price / Book
0.5x1.7x1.8x
Price / LTM Sales
0.3x1.2x1.4x
Upside (Analyst Target)
2.7%22.8%21.4%
Fair Value Upside
Unlock7.6%13.0%Unlock

Analysts' Recommendations

6 Buy
10 Hold
11 Sell
Ratings:
22 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 12.77

(+14.08% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -8.29
Dividend Yield
1.79%
Industry Median 1.03%
Annualized Payout
0.2000
Paid quarterly
5-Years Growth
-23.83%
Growth Streak

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FAQ

What Is the Paramount Global B (PARA) Stock Price Today?

The Paramount Global B stock price today is 11.19

What Stock Exchange Does Paramount Global B Trade On?

Paramount Global B is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Paramount Global B?

The stock symbol for Paramount Global B is "PARA."

Does Paramount Global B Pay Dividends? What’s The Current Dividend Yield?

The Paramount Global B dividend yield is 1.79%.

What Is the Paramount Global B Market Cap?

As of today, Paramount Global B market cap is 7.46B.

What is Paramount Global B Earnings Per Share?

The Paramount Global B EPS is -8.29.

What Is the Next Paramount Global B Earnings Date?

Paramount Global B will release its next earnings report on Feb 12, 2025.

From a Technical Analysis Perspective, Is PARA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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