What Should You Know About Paramount Global Before Investing?

Shares of Industrials sector company Paramount Global moved -7.4% today, and are now trading at a price of $11.89. The large-cap stock's daily volume was 11,528,787 compared to its average volume of 11,947,517. The S&P 500 index returned a -0.0% performance.

Paramount Global operates as a media and entertainment company worldwide. The company is based in New York and has 24,500 full time employees. Its market capitalization is $7,887,110,656. Paramount Global currently offers its equity investors a dividend that yields 4.5% per year.

26 analysts are following Paramount Global and have set target prices ranging from $10.0 to $32.0 per share. On average, they have given the company a rating of hold. At today's prices, PARA is trading -27.25% away from its average analyst target price of $16.35 per share.

Over the last year, PARA shares have gone down by -22.0%, which represents a difference of -40.0% when compared to the S&P 500. The stock's 52 week high is $25.93 per share and its 52 week low is $10.51. Although Paramount Global's average free cash flow over the last 6 years has been $541.33 Million, they have been decreasing at an average rate of -23.0%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 -773,000 347,000 -1,120,000 -705.76
2022 219,000 358,000 -139,000 90.49
2021 953,000 2,415,000 -1,462,000 -174.4
2020 2,294,000 329,000 1,965,000 122.03
2019 1,230,000 345,000 885,000 -71.63
2018 3,464,000 345,000 3,119,000
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.