Where Paramount Global Stands With Analysts

In the last three months, 9 analysts have published ratings on Paramount Global PARA, offering a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $12.67, along with a high estimate of $19.00 and a low estimate of $9.00. This current average represents a 15.53% decrease from the previous average price target of $15.00.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Paramount Global among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Paramount Global. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Paramount Global compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Paramount Global's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Paramount Global's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Paramount Global analyst ratings.

Discovering Paramount Global: A Closer Look

Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.

Paramount Global: Delving into Financials

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Challenges: Paramount Global's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -6.06%. This indicates a decrease in top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Paramount Global's net margin excels beyond industry benchmarks, reaching 6.73%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Paramount Global's ROE excels beyond industry benchmarks, reaching 2.32%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Paramount Global's ROA excels beyond industry benchmarks, reaching 0.95%. This signifies efficient management of assets and strong financial health.

Debt Management: Paramount Global's debt-to-equity ratio is below the industry average. With a ratio of 0.7, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.