ViacomCBS Inc. (NASDAQ:VIAC) saw a downside of -1.80% on Monday at $39.18 after subtracting -$0.72. The 5-day average trading volume is 7,322,508 shares of the company’s common stock. It has gained $41.18 in the past week and touched a new high 1 time within the past 5 days. An average of 8,922,812 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 10,305,980.
VIAC’s 1-month performance is -3.65% or -$2.05 on its low of $38.12 reached on 09/20/21. The company’s shares have touched a 52-week low of $26.99 and high of $101.97, with the stock’s rally to the 52-week high happening on 03/15/21. YTD, VIAC has achieved 7.09% or $1.97 and has reached a new high 23 times. However, the current price is down -61.58%% from the 52-week high price.
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On Sep 16, 18 days have gone by since the last insider trading activity for ViacomCBS Inc. (VIAC). TERRELL FREDERICK (Director) most recently sold 5,000 shares at $40.10 per share on Sep 16. This transaction cost the insider $200,500. EVP, Pub Pol’y & Gov Relations, Lea DeDe, sold 23,099 shares at a price of $86.70 on Mar 11. Then, on Mar 10, EVP, General Tax Counsel Jones Richard M sold 40,285 shares at a price of $80.62 per share. This transaction amounted to $3,247,700.
The company’s PE ratio for the last five years has touched a high of 204.73 and a low of 2.104. VIAC stock has a beta of 1.66. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.97 while the price-to-book (PB) in the most recent quarter is 1.28, with the price to cash flow ratio at 12.80.
ViacomCBS Inc. pays an annual dividend of $0.96 per share. Its dividend yield is 2.45% and the payout ratio is 17.90%. VIAC’s most recent quarterly dividend payment was made on Oct. 1, when it paid $0.24 a share compared with prior rate of $0.24, down 0.0% from last year’s.
It is projected that ViacomCBS Inc.’s next ex-dividend date will be on 16-Dec. VIAC is expected to distribute $0.24 as its next dividend.
ViacomCBS Inc.’s quick ratio for the period ended June 29 was 1.60, with the current ratio over the same period at 1.80 meaning that VIAC stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.88, while the total debt to equity was 0.88. In terms of profitability, the gross margin trailing 12 months is 40.60%The trailing 12-month EBITDA margin is 63.35% while for the period ending June 29; ViacomCBS Inc.’s operating margin was 17.20%. The firm’s gross profit as reported stood at $10.29 billion against revenue of $25.29 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected VIAC to announce $0.96 per share in earnings in its latest quarter, but it posted $0.97, representing a 1.00% surprise. EBITDA for the quarter stood at more than $1.32 billion. VIAC stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 34.55 billion, with total debt at $19.19 billion. Shareholders hold equity totaling $646.52 million
Let’s look briefly at ViacomCBS Inc. (VIAC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 41.94% to suggest the stock is trending Neutral, with historical volatility in this time period at 25.29%.
The stock’s 5-day moving average is $39.80, reflecting a -2.99% or -$1.21 change from its current price. VIAC is currently trading -4.97% above its 20-day SMA, +0.44% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -4.29% and +9.31% respectively.
Stochastic %K and %D was 46.54% and 54.21% and the average true range (ATR) pointed at 1.06. The RSI (14) points at 44.33%, while the 14-day stochastic is at 36.17% with the period’s ATR at 1.11. The stock’s 9-day MACD Oscillator is pointing at -0.31 and -0.24 on the 14-day charts.
In the most recent analyst report for ViacomCBS Inc. (NASDAQ: VIAC), Wells Fargo upgraded it to an Overweight rating. They previously had an Equal weight rating on the stock. Analysts offering their rating for VIAC stock have a consensus rating for the stock as Overweight. Currently, 4 brokerage advisors rate VIAC as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 11 have offered a “buy” rating.
What is VIAC’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $33.00 and a high of $90.00, with their median price target at $50.00. Looking at these predictions, the average price target given by analysts is for ViacomCBS Inc. (VIAC) stock is $52.60.