Viacom Inc. (VIAB) Scheduled to Post Earnings on Thursday
Viacom Inc. (NASDAQ:VIAB) will be releasing its earnings data before the market opens on Thursday, November 16th. Analysts expect Viacom to post earnings of $0.86 per share for the quarter.
Shares of Viacom Inc. (NASDAQ VIAB) opened at $24.72 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.11 and a debt-to-equity ratio of 2.03. Viacom Inc. has a fifty-two week low of $22.88 and a fifty-two week high of $46.72. The stock has a market cap of $10,009.49, a PE ratio of 6.75, a price-to-earnings-growth ratio of 0.86 and a beta of 1.54.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, December 14th. Viacom’s dividend payout ratio (DPR) is 21.98%.
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Several research firms recently weighed in on VIAB. Zacks Investment Research cut shares of Viacom from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 3rd. BidaskClub upgraded shares of Viacom from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Deutsche Bank AG reduced their target price on shares of Viacom to $25.00 and set a “sell” rating for the company in a research note on Monday, October 23rd. Cowen and Company reiterated a “hold” rating on shares of Viacom in a research note on Friday, October 27th. Finally, B. Riley reiterated a “neutral” rating on shares of Viacom in a research note on Wednesday, November 1st. Eight research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $38.85.
Viacom Company Profile
Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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