How Analysts Feel About Paramount Global (PARA)?

As of Friday close, Paramount Global’s (NASDAQ:PARA) stock was up $1.23, moving up 4.54 percent to $28.35. The average number of shares traded per day over the past five days has been 8,941,620 shares. 3 times new highs have been achieved over the past 5 days, with a $0.44 gain in that time frame. In the last twenty days, the average volume was 9,863,350, while in the previous 50 days, it was 9,979,654.


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Since last month, PARA stock retreated -21.77%. Shares of the company fell to $26.11 on 05/12/22, the lowest level in the past month. A 52-week high of $47.46 was reached on 03/28/22 after having rallying from a 52-week low of $26.11. Since the beginning of this year, PARA’s stock price has dropped by -6.06% or -$1.83, and marked a new high 12 times. However, the stock has declined by -40.26% since its 52-week high.

Valuation Metrics

Right now, Paramount Global (PARA) has a P/E ratio of about 4.98. The stock’s beta is 1.59. Besides these, the trailing price-to-sales (P/S) ratio of 0.69, the price-to-book (PB) ratio of 0.81.

The latest dividend of $0.24 per share was paid out, remained unchanged from last year’s $0.24.

Financial Health

In the recent quarter, Paramount Global’s quick ratio stood at 1.50, while its current ratio was 1.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.74, and the total debt-to-equity ratio was 0.74. On the profitability front, the trailing twelve-month gross margin is 36.20% percent. In the recent year, operating margins totaled 19.20%. Based on annual data, PARA earned $10.84 billion in gross profit and brought in $28.59 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.80%. Return on equity (ROE) for the past 12 months was 18.80%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated $871.0 million in EBITDA. The liabilities of Paramount Global were 34.89 billion at the end of its most recent quarter. The value of shareholders’ equity is $649.1 million.

Technical Picture

This quick technical analysis looks at Paramount Global’s (PARA) price momentum. With a historical volatility rate of 50.64%, the RSI 9-day stood at 39.43% on 13 May.

With respect to its five-day moving average, the current Paramount Global price is up by +1.58% percent or $0.44. At present, PARA shares trade -22.14% below its 20-day simple moving average and -1.15% percent below its 100-day simple moving average. However, the stock is currently trading approximately -20.01% below its SMA50 and -32.00% below its SMA200.

Stochastic coefficient K was 21.71% and Stochastic coefficient D was 12.68%, while ATR was 1.48. Given the Stochastic reading of 45.12% for the 14-day period, the RSI (14) reading has been calculated as 36.58%. As of today, the MACD Oscillator reading stands at -0.91, while the 14-day reading stands at -1.29.

Analyst Ratings

Rosenblatt launched its rating on Paramount Global (NASDAQ: PARA) to a Sell in a note to investors on April 19, 2022. Paramount Global (PARA) has been rated Hold by analysts. According to 4 brokerage firms, PARA is a sell, and 14 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Paramount Global stock as buy, with 11 recommending it as overweight.

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