In recent trading session, Paramount Global (NASDAQ:PARA) saw 1.18 million shares changing hands at last check today with its beta currently measuring 1.27. Company’s recent per share price level of $11.56 trading at $0.13 or 1.09% at last check today assigns it a market valuation of $8.21B. That most recent trading price of PARA’s stock is at a discount of -25.78% from its 52-week high price of $14.54 and is indicating a premium of 17.47% from its 52-week low price of $9.54. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.42 million shares which gives us an average trading volume of 9.09 million if we extend that period to 3-months.
For Paramount Global (PARA), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 3.30. Splitting up the data highlights that, out of 16 analysts covering the stock, 6 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 5 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.27 in the current quarter.
Paramount Global (NASDAQ:PARA) trade information
Upright in the green today for gaining 1.09%, in the last five days PARA remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $11.56 price level, adding 1.37% to its value on the day. Paramount Global’s shares saw a change of 10.47% in year-to-date performance and have moved 5.62% in past 5-day. Paramount Global (NASDAQ:PARA) showed a performance of -2.57% in past 30-days. Number of shares sold short was 65.94 million shares which calculate 6.92 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a fall of -5.09% to its recent value today. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would jump 13.49% in reaching the projected high whereas dropping to the targeted low would mean a gain of 13.49% for stock’s current value.
Paramount Global (PARA) estimates and forecasts
This year revenue growth is estimated to fall -1.36% from the last financial year’s standing.
19 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.14B for the same. And 18 analysts are in estimates of company making revenue of 7.05B in the next quarter. Company posted 7.68B and 6.81B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -9.33% while estimates for its earnings growth in next 5 years are of -0.49%.
PARA Dividends
Paramount Global is more likely to be releasing its next quarterly report on 2025-Feb-25 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.73%, the share has a forward dividend of 0.20 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.19%.
Paramount Global (NASDAQ:PARA)’s Major holders
Insiders are in possession of 5.72% of company’s total shares while institution are holding 77.47 percent of that, with stock having share float percentage of 82.16%. Investors also watch the number of corporate investors in a company very closely, which is 77.47% institutions for Paramount Global that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at PARA for having 63.85 million shares of worth $663.45 million. And as of 2024-06-30, it was holding 9.5733 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 58.04 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.7021 of outstanding shares, having a total worth of $603.07 million.
On the other hand, SELECT SECTOR SPDR TRT-The Communication Services Select Sector SPDR F and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 20.96 shares of worth $242.84 million or 3.35% of the total outstanding shares. The later fund manager was in possession of 17.15 shares on Dec 31, 2024 , making its stake of worth around $198.68 million in the company or a holder of 2.74% of company’s stock.
