Is Paramount Global Stock a Good Investment?
Paramount Global Investment Advice | PARAA |
- Examine Paramount Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Paramount Global's leadership team and their track record. Good management can help Paramount Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Paramount Global's business and its evolving consumer preferences.
- Compare Paramount Global's performance and market position to its competitors. Analyze how Paramount Global is positioned in terms of product offerings, innovation, and market share.
- Check if Paramount Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Paramount Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Paramount Global Class stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Paramount Global Class is a good investment.
Sell | Buy |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Paramount Global Stock
Researching Paramount Global's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 77.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paramount Global Class has Price/Earnings To Growth (PEG) ratio of 0.51. The entity recorded a loss per share of 9.06. The firm last dividend was issued on the 16th of December 2024. Paramount Global had 1:2 split on the 3rd of January 2006.
To determine if Paramount Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Paramount Global's research are outlined below:
| Paramount Global has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 29.65 B. Net Loss for the year was (1.25 B) with profit before overhead, payroll, taxes, and interest of 10.31 B. | |
| About 77.0% of the company outstanding shares are owned by corporate insiders | |
| On 1st of October 2024 Paramount Global paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Here Is Why Bargain Hunters Would Love Fast-paced Mover Paramount Global |
Paramount Global Quarterly Liabilities And Stockholders Equity |
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Earnings surprises can significantly impact Paramount Global's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Paramount Global's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-05-05 | 2010-03-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2024-02-28 | 2023-12-31 | 0.01 | 0.04 | 0.03 | 300 | ||
2010-08-03 | 2010-06-30 | 0.21 | 0.25 | 0.04 | 19 | ||
2012-08-02 | 2012-06-30 | 0.58 | 0.65 | 0.07 | 12 | ||
2023-05-04 | 2023-03-31 | 0.17 | 0.09 | -0.08 | 47 | ||
2022-05-03 | 2022-03-31 | 0.52 | 0.6 | 0.08 | 15 | ||
2012-05-01 | 2012-03-31 | 0.44 | 0.54 | 0.1 | 22 | ||
2023-08-07 | 2023-06-30 | -0.0002 | 0.1 | 0.1002 | 50100 |
Know Paramount Global's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Paramount Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paramount Global Class backward and forwards among themselves. Paramount Global's institutional investor refers to the entity that pools money to purchase Paramount Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Slotnik Capital Llc | 2024-09-30 | 64.1 K | Lpl Financial Corp | 2024-09-30 | 56 K | Millennium Management Llc | 2024-06-30 | 55.7 K | Squarepoint Ops Llc | 2024-06-30 | 46.7 K | State Street Corp | 2024-06-30 | 41.1 K | Bank Of America Corp | 2024-06-30 | 38.8 K | Tudor Investment Corp Et Al | 2024-09-30 | 35.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 28.3 K | National Asset Management Inc | 2024-06-30 | 26.7 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 2.7 M | Gabelli Funds Llc | 2024-09-30 | 1.8 M |
Paramount Global's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.6 B.Market Cap |
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Paramount Global's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.03) | (0.03) |
Determining Paramount Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Paramount Global is a good buy. For example, gross profit margin measures Paramount Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Paramount Global's profitability and make more informed investment decisions.
Please note, the presentation of Paramount Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paramount Global's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Paramount Global's management manipulating its earnings.
Evaluate Paramount Global's management efficiency
Paramount Global Class has return on total asset (ROA) of 0.0337 % which means that it generated a profit of $0.0337 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3008) %, meaning that it generated substantial loss on money invested by shareholders. Paramount Global's management efficiency ratios could be used to measure how well Paramount Global manages its routine affairs as well as how well it operates its assets and liabilities. As of November 28, 2024, Return On Tangible Assets is expected to decline to -0.02. The current year's Return On Capital Employed is expected to grow to -0.0098. At present, Paramount Global's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 6.8 B, whereas Total Assets are forecasted to decline to about 41.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 35.35 | 35.11 | |
| Tangible Book Value Per Share | 6.05 | 6.35 | |
| Enterprise Value Over EBITDA | 268.08 | 281.48 | |
| Price Book Value Ratio | 0.42 | 0.40 | |
| Enterprise Value Multiple | 268.08 | 281.48 | |
| Price Fair Value | 0.42 | 0.40 | |
| Enterprise Value | 28.5 B | 19 B |
Evaluating the management effectiveness of Paramount Global allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Paramount Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Dividend Yield 0.0087 | Forward Dividend Yield 0.0087 | Forward Dividend Rate 0.2 | Beta 1.767 |
Basic technical analysis of Paramount Stock
As of the 28th of November, Paramount Global holds the Risk Adjusted Performance of (0.02), variance of 1.97, and Coefficient Of Variation of (3,017). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paramount Global, as well as the relationship between them.Paramount Global's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Paramount Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paramount Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Paramount Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Terrell Frederick over a month ago Acquisition by Terrell Frederick of tradable shares of Paramount Global subject to Rule 16b-3 | ||
Klieger Robert N. over three months ago Acquisition by Klieger Robert N. of 9260 shares of Paramount Global subject to Rule 16b-3 | ||
Terrell Frederick over six months ago Acquisition by Terrell Frederick of tradable shares of Paramount Global subject to Rule 16b-3 | ||
Lea Dede over six months ago Disposition of 1863 shares by Lea Dede of Paramount Global at 10.8 subject to Rule 16b-3 |
Paramount Global's Outstanding Corporate Bonds
Paramount Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Paramount Global Class uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Paramount bonds can be classified according to their maturity, which is the date when Paramount Global Class has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
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Understand Paramount Global's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Paramount Global's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 0.7355 | |||
| Coefficient Of Variation | (3,017) | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.97 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.65 | |||
| Skewness | (1.07) | |||
| Kurtosis | 14.4 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 0.7355 | |||
| Coefficient Of Variation | (3,017) | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.97 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.65 | |||
| Skewness | (1.07) | |||
| Kurtosis | 14.4 |
Consider Paramount Global's intraday indicators
Paramount Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Paramount Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.94 | |||
| Day Typical Price | 22.94 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 65.61 |
Paramount Global Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 12th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
13A | 16th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 10th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Paramount Stock media impact
Far too much social signal, news, headlines, and media speculation about Paramount Global that are available to investors today. That information is available publicly through Paramount media outlets and privately through word of mouth or via Paramount internal channels. However, regardless of the origin, that massive amount of Paramount data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Paramount Global news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Paramount Global relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Paramount Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Paramount Global alpha.
Paramount Global Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Paramount Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Paramount Global Corporate Management
| Katherine GillCharest | Controller VP | Profile | |
| Stephen Mirante | Executive Officer | Profile | |
| Doretha Lea | Executive Relations | Profile | |
| Nancy Phillips | Executive Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 79.876 | Dividend Share 0.2 | Earnings Share (9.06) | Revenue Per Share 43.672 | Quarterly Revenue Growth (0.06) |
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Paramount Global's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.