What Should You know About Paramount Global (PARA) Before Investing?

Large-cap industrials company Paramount Global has moved 2.6% this afternoon, reaching $16.32 per share. In contrast, the average analyst target price for the stock is $18.88.

Paramount Global operates as a media and entertainment company worldwide. The company is based in the United States. Paramount Global currently returns an annual dividend yield of 6.0%.

What to Consider if You Are Thinking of Buying Paramount Global:

  • Paramount Global has moved -3684.0% over the last year.

  • PARA has a forward P/E ratio of 11.5 based on its EPS guidance of 1.42.

  • Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of -35.9%.

  • The company has a price to earnings growth (PEG) ratio of 6.2.

  • Its Price to Book (P/B) ratio is 0.49

Paramount Global Has Generally Positive Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 219,000 -358,000 -139,000 -123.21
2021-12-31 953,000 -354,000 599,000 -69.59
2020-12-31 2,294,000 -324,000 1,970,000 124.63
2019-12-31 1,230,000 -353,000 877,000 n/a

Paramount Global's free cash flows are strong in the aggregate, since they average out to $826.75 Million over the last 4 years. But they are highly variable since their coefficient of variability is 105.8%. The compounded average growth rate for this period stands at -41.1%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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