Paramount Skydance (NASDAQ:PSKY) Trading 10.4% Higher on Better-Than-Expected Earnings

Paramount Skydance Corporation (NASDAQ:PSKYGet Free Report) shares were up 10.4% during mid-day trading on Thursday following a stronger than expected earnings report. The stock traded as high as $11.24 and last traded at $11.22. Approximately 5,618,877 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 7,709,477 shares. The stock had previously closed at $10.16.

The company reported $999.00 EPS for the quarter, beating the consensus estimate of ($0.02) by $999.02. Paramount Skydance had a negative net margin of 0.95% and a positive return on equity of 3.95%. The firm had revenue of $8.15 billion during the quarter, compared to analyst estimates of $8.17 billion.

Paramount Skydance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, March 16th. Paramount Skydance’s dividend payout ratio is -666.67%.

Paramount Skydance News Roundup

Here are the key news stories impacting Paramount Skydance this week:

  • Positive Sentiment: Paramount raised its offer for Warner Bros. Discovery to $31 per share and WBD’s board said the revised Paramount proposal could reasonably be considered a “Company Superior Proposal,” increasing the chance PSKY wins the deal and would receive an acquisition premium; Paramount also made concessions (additional equity backing) to bolster financing certainty. After PSKY’s $31 Bid
  • Positive Sentiment: WBD will continue talks with Paramount after determining the revised proposal could be superior, keeping the path open for a negotiated outcome that benefits PSKY shareholders if the deal closes. Reuters: WBD says revised proposal could be superior
  • Neutral Sentiment: WBD has not withdrawn its recommendation for the Netflix transaction and Netflix still has an opportunity to counter; outcome remains uncertain and could re-ignite a bidding contest or end with Netflix prevailing. WBD Board Determination (PR Newswire)
  • Neutral Sentiment: Industry peers and stakeholders (e.g., TKO Group’s CEO) are publicly staying neutral on the Netflix vs. Paramount outcome, underscoring that market reaction will hinge on board decisions and any counteroffers rather than broad sector endorsement. Deadline: TKO President comment
  • Negative Sentiment: Q4 results showed mixed fundamentals: total revenue of $8.15B was roughly in line but slightly below consensus, and diluted losses widened (TV advertising and linear-TV weakness dragged margins), which underscores near-term profitability pressure for PSKY. PR Newswire: Q4 results
  • Negative Sentiment: Management flagged lower first-quarter revenue expectations driven by continued declines in traditional TV even as streaming growth and price increases are expected to help later in the year — near-term guidance weakness raises downside risk for upcoming quarters. Deadline: Q4 details and TV slump

Wall Street Analyst Weigh In

PSKY has been the subject of a number of research reports. Morgan Stanley increased their target price on shares of Paramount Skydance from $10.00 to $12.00 and gave the stock an “underweight” rating in a research report on Tuesday, December 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Paramount Skydance in a research note on Monday, December 29th. Wolfe Research reaffirmed an “underperform” rating and issued a $13.00 price objective on shares of Paramount Skydance in a report on Monday, December 15th. JPMorgan Chase & Co. lifted their price objective on shares of Paramount Skydance from $10.00 to $14.00 and gave the company an “underweight” rating in a research note on Tuesday, November 4th. Finally, Wall Street Zen upgraded Paramount Skydance to a “hold” rating in a research report on Saturday, November 15th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $14.00.

Check Out Our Latest Stock Report on Paramount Skydance

Institutional Investors Weigh In On Paramount Skydance

Institutional investors and hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Paramount Skydance by 0.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 140,776 shares of the company’s stock worth $1,886,000 after buying an additional 900 shares in the last quarter. CWM LLC lifted its holdings in shares of Paramount Skydance by 20.3% during the 4th quarter. CWM LLC now owns 5,759 shares of the company’s stock worth $77,000 after acquiring an additional 970 shares during the last quarter. Mather Group LLC. grew its position in Paramount Skydance by 6.3% in the fourth quarter. Mather Group LLC. now owns 17,137 shares of the company’s stock worth $230,000 after acquiring an additional 1,009 shares in the last quarter. LSV Asset Management grew its position in Paramount Skydance by 0.6% in the fourth quarter. LSV Asset Management now owns 188,868 shares of the company’s stock worth $2,531,000 after acquiring an additional 1,116 shares in the last quarter. Finally, Huntington National Bank increased its stake in Paramount Skydance by 108.2% in the fourth quarter. Huntington National Bank now owns 2,259 shares of the company’s stock valued at $30,000 after acquiring an additional 1,174 shares during the last quarter. 73.00% of the stock is owned by hedge funds and other institutional investors.

Paramount Skydance Stock Up 10.5%

The company has a quick ratio of 1.16, a current ratio of 1.34 and a debt-to-equity ratio of 1.00. The stock has a 50-day simple moving average of $11.82 and a two-hundred day simple moving average of $14.54. The firm has a market cap of $12.03 billion, a PE ratio of -374.21 and a beta of 1.23.

About Paramount Skydance

(Get Free Report)

Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.

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