You might want to take a look at Paramount Global (PARA) now

With 9.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 17.05 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $11.84 whereas the lowest price it dropped to was $11.57. The 52-week range on PARA shows that it touched its highest point at $24.00 and its lowest point at $10.16 during that stretch. It currently has a 1-year price target of $13.02. With its current market cap of 7.67 billion, PARA has annualized dividend of $0.20 while the current yield stands at 1.70%. Beta for the stock currently stands at 1.79.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PARA was up-trending over the past week, with a rise of 4.44%, but this was up by 6.43% over a month. Three-month performance dropped to -22.44% while six-month performance fell -8.35%. The stock lost -45.37% in the past year, while it has lost -20.55% so far this year. A look at the trailing 12-month EPS for PARA yields -1.69 with Next year EPS estimates of 1.32. For the next quarter, that number is 0.33. This implies an EPS growth rate of 107.34% for this year and 22.54% for next year.

Float and Shares Shorts:

At present, 612.00 million PARA shares are outstanding with a float of 577.33 million shares on hand for trading. On Mar 15, 2024, short shares totaled 90.26 million, which was 13.83% higher than short shares on Feb 15, 2024. In addition to MARA as the firm’s Marathon Digital Holdings, Inc., PARA serves as its Paramount Global.

Institutional Ownership:

Through their ownership of 68.86% of PARA’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PARA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, PARA has a current ratio of $0.20, which is $0.20 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and PARA currently yields $1.70. In the past year, PARA’s dividend yield has been $1.70, but when looking at the stock over the past five years, its yield has been $2.74. Accordingly, PARA has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.