Barrington Research Has Pessimistic View of PARA Q1 Earnings

Paramount Global (NASDAQ:PARA) – Analysts at Barrington Research dropped their Q1 2025 earnings per share estimates for Paramount Global in a report issued on Monday, November 11th. Barrington Research analyst J. Goss now forecasts that the company will post earnings of $0.50 per share for the quarter, down from their previous estimate of $0.61. The consensus estimate for Paramount Global’s current full-year earnings is $1.78 per share. Barrington Research also issued estimates for Paramount Global’s FY2025 earnings at $1.28 EPS.

Paramount Global (NASDAQ:PARA) last released its quarterly earnings results on Friday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.25. The company had revenue of $6.73 billion during the quarter, compared to the consensus estimate of $6.94 billion. Paramount Global had a positive return on equity of 5.81% and a negative net margin of 18.89%. Paramount Global’s revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 earnings per share.

Other equities research analysts have also issued reports about the company. Macquarie restated an “underperform” rating and set a $10.00 price target on shares of Paramount Global in a research note on Monday. Benchmark reaffirmed a “buy” rating and issued a $19.00 target price on shares of Paramount Global in a research report on Friday, August 9th. StockNews.com raised Paramount Global from a “sell” rating to a “hold” rating in a report on Monday. Needham & Company LLC reissued a “hold” rating on shares of Paramount Global in a report on Monday. Finally, Wells Fargo & Company raised Paramount Global from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $10.00 to $11.00 in a report on Friday, August 9th. Eight investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $12.40.

Paramount Global Price Performance

Shares of NASDAQ:PARA opened at $11.35 on Wednesday. The company has a market cap of $7.57 billion, a P/E ratio of -1.38, a P/E/G ratio of 1.44 and a beta of 1.74. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.85. Paramount Global has a 52 week low of $9.54 and a 52 week high of $17.50. The business has a fifty day simple moving average of $10.60 and a 200-day simple moving average of $11.09.

Paramount Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Monday, December 16th. Paramount Global’s dividend payout ratio (DPR) is presently -2.43%.

Hedge Funds Weigh In On Paramount Global

Several hedge funds have recently modified their holdings of PARA. Blue Trust Inc. boosted its stake in shares of Paramount Global by 162.8% during the 3rd quarter. Blue Trust Inc. now owns 2,539 shares of the company’s stock worth $26,000 after acquiring an additional 1,573 shares in the last quarter. Huntington National Bank boosted its stake in shares of Paramount Global by 129.0% during the 3rd quarter. Huntington National Bank now owns 2,771 shares of the company’s stock worth $29,000 after acquiring an additional 1,561 shares in the last quarter. Atlas Capital Advisors LLC bought a new stake in shares of Paramount Global during the 2nd quarter worth $35,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Paramount Global during the 2nd quarter worth $43,000. Finally, Kennebec Savings Bank bought a new stake in shares of Paramount Global during the 3rd quarter worth $47,000. 73.00% of the stock is currently owned by institutional investors and hedge funds.

About Paramount Global

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands.