Here Are Some Essential Facts About Paramount Global

By Tamara Parker • Tuesday, November 07 12:07 • Permanent Link

Join us for a quick overview of Paramount Global, a Broadcasting company whose shares moved 0.9% today. Here are some facts about the stock that should help you see the bigger picture:

Paramount Global has moved -21.0% over the last year, and the S&P 500 logged a change of 15.0%
PARA has an average analyst rating of hold and is -21.68% away from its mean target price of $16.35 per share
Its trailing earnings per share (EPS) is $-2.33
Paramount Global has a trailing 12 month Price to Earnings (P/E) ratio of -5.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $1.19 and its forward P/E ratio is 10.8
The company has a Price to Book (P/B) ratio of 0.38 in contrast to the S&P 500's average ratio of 2.95
Paramount Global is part of the Industrials sector, which has an average P/E ratio of 20.49 and an average P/B of 3.78
PARA has reported YOY quarterly earnings growth of 30.6% and gross profit margins of 0.3%
The company has a free cash flow of $14.94 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Paramount Global operates as a media and entertainment company worldwide. The company operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. Its TV Media segment operates domestic and international broadcast networks, including CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión; and cable networks comprising Paramount Media Networks, Nickelodeon, BET Media Group, and CBS Sports. The company's Direct-to-Consumer segment provides portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, Showtime Networks' subscription streaming service, BET+, and Noggin. The company's Filmed Entertainment segment produces and acquires films, series, and short-form content for release; media licensing around the world, including in theaters, on streaming services, on television, digital home entertainment, and DVDs; and operates portfolio of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York. Paramount Global operates as a subsidiary of National Amusements, Inc.

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