Media stories about Viacom (NASDAQ:VIAB) have trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Viacom earned a news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.2413778331395 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’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)
VIAB has been the subject of several research analyst reports. Citigroup downgraded shares of Viacom from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $33.00 to $24.00 in a research report on Monday, October 9th. Morgan Stanley reduced their price target on shares of Viacom from $42.00 to $38.00 and set an “overweight” rating for the company in a research report on Friday, October 13th. BMO Capital Markets restated a “hold” rating and set a $30.00 price target on shares of Viacom in a research report on Wednesday, October 18th. Deutsche Bank reduced their price target on shares of Viacom to $25.00 and set a “sell” rating for the company in a research report on Monday, October 23rd. Finally, Barclays set a $32.00 price target on shares of Viacom and gave the stock a “hold” rating in a research report on Friday, October 20th. Seven analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eight have given a buy rating to the stock. Viacom presently has a consensus rating of “Hold” and an average target price of $35.04.
Viacom (NASDAQ:VIAB) traded up $2.95 during trading on Friday, hitting $33.76. 12,828,381 shares of the stock traded hands, compared to its average volume of 5,070,000. Viacom has a twelve month low of $22.13 and a twelve month high of $46.72. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.30 and a current ratio of 1.55. The stock has a market cap of $13,840.00, a PE ratio of 7.24, a price-to-earnings-growth ratio of 1.03 and a beta of 1.60.
Viacom (NASDAQ:VIAB) last posted its quarterly earnings results on Thursday, November 16th. The company reported $0.77 earnings per share for the quarter, missing the 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 analysts’ expectations of $3.23 billion. During the same period last year, the company earned $1.54 EPS. The business’s quarterly revenue was up 2.9% on a year-over-year basis. research analysts forecast that Viacom will post 3.77 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th were paid a $0.20 dividend. The ex-dividend date was Thursday, December 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.37%. Viacom’s dividend payout ratio (DPR) 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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