Barrington Research Has Bearish Outlook for PARA Q1 Earnings

Paramount Global (NASDAQ:PARA) – Analysts at Barrington Research decreased their Q1 2025 EPS estimates for shares of Paramount Global in a report issued on Monday, November 11th. Barrington Research analyst J. Goss now anticipates that the company will post earnings of $0.50 per share for the quarter, down from their previous forecast of $0.61. The consensus estimate for Paramount Global’s current full-year earnings is $1.61 per share. Barrington Research also issued estimates for Paramount Global’s FY2025 earnings at $1.28 EPS.

A number of other analysts have also recently commented on PARA. Wells Fargo & Company upgraded Paramount Global from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $10.00 to $11.00 in a research report on Friday, August 9th. Benchmark reissued a “buy” rating and issued a $19.00 price target on shares of Paramount Global in a report on Friday, August 9th. Macquarie restated an “underperform” rating and set a $10.00 price objective on shares of Paramount Global in a research report on Monday. StockNews.com upgraded shares of Paramount Global from a “sell” rating to a “hold” rating in a research report on Monday. Finally, JPMorgan Chase & Co. cut their target price on shares of Paramount Global from $12.00 to $11.00 and set an “underweight” rating for the company in a research note on Thursday, August 15th. Eight research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.40.

Paramount Global Stock Performance

Shares of Paramount Global stock opened at $11.45 on Wednesday. Paramount Global has a twelve month low of $9.54 and a twelve month high of $17.50. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.10 and a current ratio of 1.27. The business has a 50-day moving average price of $10.57 and a 200 day moving average price of $11.09.

Paramount Global (NASDAQ:PARA) last released its quarterly earnings data on Friday, November 8th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.25. Paramount Global had a negative net margin of 18.89% and a positive return on equity of 5.81%. The company had revenue of $6.73 billion during the quarter, compared to analysts’ expectations of $6.94 billion. During the same quarter in the previous year, the company earned $0.30 earnings per share. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis.

Paramount Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.75%. Paramount Global’s dividend payout ratio (DPR) is presently -2.43%.

Institutional Investors Weigh In On Paramount Global

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC increased its stake in shares of Paramount Global by 3.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 24,682 shares of the company’s stock worth $291,000 after acquiring an additional 934 shares during the last quarter. Texas Permanent School Fund Corp increased its position in Paramount Global by 4.3% during the first quarter. Texas Permanent School Fund Corp now owns 99,705 shares of the company’s stock worth $1,174,000 after purchasing an additional 4,152 shares during the last quarter. Empowered Funds LLC raised its stake in Paramount Global by 45.1% during the first quarter. Empowered Funds LLC now owns 15,270 shares of the company’s stock worth $180,000 after purchasing an additional 4,748 shares during the period. SG Americas Securities LLC boosted its holdings in Paramount Global by 109.9% in the 1st quarter. SG Americas Securities LLC now owns 100,473 shares of the company’s stock valued at $1,183,000 after purchasing an additional 52,614 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Paramount Global by 14.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 72,388 shares of the company’s stock valued at $852,000 after buying an additional 8,952 shares during the period. Institutional investors and hedge funds own 73.00% of the company’s stock.

Paramount Global 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.