2 weeks Ago By ABMN Staff
Paramount Global ( NASDAQ:PARAA – Free Report ) – Research analysts at Seaport Res Ptn increased their FY2024 EPS estimates for shares of Paramount Global in a research note issued on Sunday, November 10th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $2.
25 per share for the year, up from their previous estimate of $1.96. The consensus estimate for Paramount Global’s current full-year earnings is $2.
25 per share. Seaport Res Ptn also issued estimates for Paramount Global’s Q4 2024 earnings at $0.60 EPS, Q1 2025 earnings at $1.
10 EPS, Q2 2025 earnings at $0.82 EPS, Q3 2025 earnings at $0.93 EPS, Q4 2025 earnings at $0.
63 EPS, FY2025 earnings at $3.48 EPS and FY2026 earnings at $4.10 EPS.
Paramount Global Stock Down 0.7 % Shares of PARAA opened at $22.58 on Wednesday.
Paramount Global has a 1 year low of $16.09 and a 1 year high of $26.34.
The company’s 50-day simple moving average is $21.94 and its 200-day simple moving average is $21.56.
The stock has a market capitalization of $15.05 billion, a PE ratio of -2.75 and a beta of 1.
66. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.
10 and a current ratio of 1.27. Paramount Global Announces Dividend Institutional Investors Weigh In On Paramount Global A number of hedge funds and other institutional investors have recently modified their holdings of PARAA.
Russell Investments Group Ltd. lifted its stake in Paramount Global by 416.3% during the first quarter.
Russell Investments Group Ltd. now owns 2,592 shares of the company’s stock worth $57,000 after purchasing an additional 2,090 shares during the last quarter. Quest Partners LLC acquired a new position in shares of Paramount Global in the 3rd quarter valued at $106,000.
Gladius Capital Management LP purchased a new position in shares of Paramount Global in the 3rd quarter valued at $233,000. Allspring Global Investments Holdings LLC grew its position in shares of Paramount Global by 5.2% in the 1st quarter.
Allspring Global Investments Holdings LLC now owns 10,953 shares of the company’s stock valued at $239,000 after buying an additional 537 shares during the last quarter. Finally, Welch Group LLC acquired a new stake in Paramount Global during the 2nd quarter worth $298,000. 5.
98% of the stock is currently owned by institutional investors and hedge funds. Paramount Global Company Profile ( Get Free Report ) 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. Further Reading Receive News & Ratings for Paramount Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Global and related companies with MarketBeat.com's FREE daily email newsletter .
.
