Viacom (VIAB) Receiving Somewhat Favorable Press Coverage, Report Finds
Media headlines about Viacom (NASDAQ:VIAB) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Viacom earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.2413778331395 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- FY2018 EPS Estimates for Viacom, Inc. (VIAB) Reduced by Analyst (americanbankingnews.com)
- The Hot Stock: Viacom Jumps 5.7% (finance.yahoo.com)
- Analyzing Viacom (VIAB) and Dolby Laboratories (DLB) (americanbankingnews.com)
- Noteworthy Thursday Option Activity: SHAK, ALK, VIAB (nasdaq.com)
- Jefferies Group Weighs in on Viacom, Inc.’s Q2 2018 Earnings (VIAB) (americanbankingnews.com)
A number of equities research analysts have issued reports on the stock. Citigroup lowered shares of Viacom from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $33.00 to $24.00 in a report on Monday, October 9th. Morgan Stanley reduced their target price on shares of Viacom from $42.00 to $38.00 and set an “overweight” rating on the stock in a report on Friday, October 13th. BMO Capital Markets reiterated a “hold” rating and set a $30.00 target price on shares of Viacom in a report on Wednesday, October 18th. Deutsche Bank reduced their target price on shares of Viacom to $25.00 and set a “sell” rating on the stock in a report on Monday, October 23rd. Finally, Barclays set a $32.00 target price on shares of Viacom and gave the stock a “hold” rating in a report on Friday, October 20th. Seven research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $35.04.
Shares of Viacom (NASDAQ:VIAB) traded up $2.95 on Friday, hitting $33.76. 12,828,381 shares of the stock were exchanged, compared to its average volume of 5,070,000. Viacom has a fifty-two week low of $22.13 and a fifty-two week high of $46.72. The firm has a market cap of $13,840.00, a price-to-earnings ratio of 7.24, a price-to-earnings-growth ratio of 1.03 and a beta of 1.60. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.55 and a quick ratio of 1.30.
Viacom (NASDAQ:VIAB) last announced its quarterly earnings data on Thursday, November 16th. The company reported $0.77 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.09). Viacom had a net margin of 14.13% and a return on equity of 28.95%. The firm had revenue of $3.32 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the previous year, the business posted $1.54 earnings per share. Viacom’s revenue for the quarter was up 2.9% compared to the same quarter last year. equities research analysts expect that Viacom will post 3.77 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th were issued a $0.20 dividend. The ex-dividend date was Thursday, December 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.37%. Viacom’s payout ratio is 17.17%.
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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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