Viacom (VIA) Earning Somewhat Positive News Coverage, Analysis Shows
Media coverage about Viacom (NASDAQ:VIA) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Viacom earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.8237571204877 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s analysis:
- CBS board to discuss potential Viacom merger on Thursday: sources (finance.yahoo.com)
- TV18 takes majority stake in the JV with Viacom Inc (campaignindia.in)
- Box Office Top 20: ‘Maze Runner’ races to No. 1 with $24.2M (marketbeat.com)
- Report: Viacom and CBS Chiefs Have Discussed Merger (tvweek.com)
- Viacom, Inc. (VIA) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
Several analysts recently commented on the company. Rosenblatt Securities restated a “sell” rating and issued a $45.00 target price on shares of Viacom in a research report on Tuesday, January 16th. Loop Capital restated a “hold” rating and issued a $27.00 target price (down from $28.00) on shares of Viacom in a research report on Wednesday, December 27th. Finally, Citigroup cut Viacom from a “neutral” rating to a “sell” rating in a research report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.00.
Viacom (NASDAQ:VIA) last issued its quarterly earnings results on Thursday, November 16th. The company reported $0.77 earnings per share (EPS) for the quarter. Viacom had a return on equity of 28.95% and a net margin of 14.13%.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Thursday, December 14th. Viacom’s dividend payout ratio (DPR) is presently 17.13%.
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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