A number of research firms have changed their ratings and price targets for Viacom (NASDAQ: VIAB):

  • 9/26/2018 – Viacom was upgraded by analysts at B. Riley from a “neutral” rating to a “buy” rating. They now have a $39.00 price target on the stock, up previously from $34.00.
  • 9/23/2018 – Viacom was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/20/2018 – Viacom was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating. They now have a $37.00 price target on the stock, up previously from $34.00.
  • 9/17/2018 – Viacom was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 9/11/2018 – Viacom was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/31/2018 – Viacom was upgraded by analysts at TheStreet from a “c+” rating to a “b-” rating.
  • 8/30/2018 – Viacom was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/22/2018 – Viacom was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/15/2018 – Viacom was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 8/15/2018 – Viacom had its “hold” rating reaffirmed by analysts at Barrington Research.
  • 7/31/2018 – Viacom was upgraded by analysts at Pivotal Research from a “hold” rating to a “buy” rating. They now have a $32.00 price target on the stock, down previously from $34.00. They noted that the move was a valuation call. They noted that the move was a valuation call.

Viacom stock traded up $0.11 during trading hours on Thursday, hitting $33.85. The company had a trading volume of 3,822,146 shares, compared to its average volume of 3,605,011. The stock has a market cap of $13.08 billion, a price-to-earnings ratio of 8.98, a price-to-earnings-growth ratio of 1.22 and a beta of 1.52. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.69 and a quick ratio of 1.41. Viacom, Inc. has a 1 year low of $22.13 and a 1 year high of $35.55.

Viacom (NASDAQ:VIAB) last released its quarterly earnings data on Thursday, August 9th. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.11. The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.27 billion. Viacom had a net margin of 15.65% and a return on equity of 23.53%. The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.17 EPS. research analysts expect that Viacom, Inc. will post 4.09 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 1st. Shareholders of record on Monday, September 17th will be given a $0.20 dividend. The ex-dividend date is Friday, September 14th. This represents a $0.80 annualized dividend and a yield of 2.36%. Viacom’s dividend payout ratio (DPR) is 21.22%.

Institutional investors have recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. boosted its position in Viacom by 3.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,966,774 shares of the company’s stock valued at $59,318,000 after buying an additional 68,528 shares during the period. GAM Holding AG boosted its position in Viacom by 4.9% in the 2nd quarter. GAM Holding AG now owns 146,714 shares of the company’s stock valued at $4,425,000 after buying an additional 6,905 shares during the period. Supplemental Annuity Collective Trust of NJ boosted its position in Viacom by 55.6% in the 2nd quarter. Supplemental Annuity Collective Trust of NJ now owns 42,000 shares of the company’s stock valued at $1,267,000 after buying an additional 15,000 shares during the period. Standard Life Aberdeen plc boosted its position in Viacom by 260.2% in the 2nd quarter. Standard Life Aberdeen plc now owns 512,235 shares of the company’s stock valued at $15,452,000 after buying an additional 370,029 shares during the period. Finally, Clearline Capital LP purchased a new stake in Viacom in the 2nd quarter valued at about $5,631,000. 78.99% of the stock is owned by institutional investors.

Viacom, Inc operates media brands that create entertainment content worldwide. The company creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences. It operates through two segments, Media Networks and Filmed Entertainment.

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