Paramount Global Class Stock Today
| PARA Stock | USD 12.25 0.34 2.85% |
Performance0 of 100
| Odds Of DistressLess than 39
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Paramount Global is trading at 12.25 as of the 30th of April 2024, a 2.85 percent up since the beginning of the trading day. The stock's open price was 11.91. Paramount Global has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Paramount Global Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 3rd of January 2006 | Category Communication Services |
Paramount Global operates as a media and entertainment company worldwide. Paramount Global operates as a subsidiary of National Amusements, Inc. Paramount Global operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. The company has 614.08 M outstanding shares of which 72.55 M shares are at this time shorted by private and institutional investors with about 2.93 trading days to cover. More on Paramount Global Class
Moving against Paramount Stock
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| 0.45 | WIMI | WiMi Hologram Cloud | PairCorr |
| 0.44 | WLYB | John Wiley Sons | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Paramount Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Paramount Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Paramount Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Paramount Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Paramount Global's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO President | Robert Bakish | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Warren Buffett Holdings (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Broadcasting, Media & Entertainment, Communication Services, SP 500 Index, Warren Buffett Holdings, Communication Services, Media, Entertainment, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Paramount Global report their recommendations after researching Paramount Global's financial statements, talking to executives and customers, or listening in on Paramount Global's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Paramount Global Class. The Paramount consensus assessment is calculated by taking the average forecast from all of the analysts covering Paramount Global. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Paramount Global's profitability, liquidity, and operating efficiency, Paramount Global Class is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Paramount Global Class is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Paramount Global's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Paramount Global's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Paramount Global's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Paramount Global's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paramount Global's financial leverage. It provides some insight into what part of Paramount Global's total assets is financed by creditors.
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Paramount Global Class (PARA) is traded on NASDAQ Exchange in USA. It is located in 1515 Broadway, New York, NY, United States, 10036 and employs 21,900 people. Paramount Global is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Global's market, we take the total number of its shares issued and multiply it by Paramount Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Paramount Global Class conducts business under Media sector and is part of Communication Services industry. The entity has 614.08 M outstanding shares of which 72.55 M shares are at this time shorted by private and institutional investors with about 2.93 trading days to cover.
Paramount Global Class currently holds about 3.38 B in cash with 475 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.21.
Check Paramount Global Probability Of Bankruptcy
Ownership AllocationParamount Global Class has a total of 614.08 Million outstanding shares. Over half of Paramount Global's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Paramount Global. Please watch out for any change in the institutional holdings of Paramount Global Class as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Paramount Ownership Details
Paramount Stock Price Odds Analysis
What are Paramount Global's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Paramount Global jumping above the current price in 90 days from now is about 40.98%. The Paramount Global Class probability density function shows the probability of Paramount Global stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5945 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Paramount Global will likely underperform. Additionally, paramount Global Class has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Paramount Global to move above the current price in 90 days from now is about 40.98 (This Paramount Global Class probability density function shows the probability of Paramount Stock to fall within a particular range of prices over 90 days) .
Paramount Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Paramount Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Paramount Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Paramount Global's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 8.4 M | |
| Millennium Management Llc | 2023-12-31 | 7.6 M | |
| Susquehanna International Group, Llp | 2023-12-31 | 6.8 M | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 6.6 M | |
| Consolidated Press International Holdings Ltd | 2023-12-31 | 6.3 M | |
| Kodai Capital Management Lp | 2023-12-31 | 5.7 M | |
| Northern Trust Corp | 2023-12-31 | 5.4 M | |
| Two Sigma Investments Llc | 2023-12-31 | 4.9 M | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 4.9 M | |
| Berkshire Hathaway Inc | 2023-12-31 | 63.3 M | |
| Vanguard Group Inc | 2023-12-31 | 58.3 M |
Paramount Global Historical Income Statement
Paramount Global Class Income Statement is one of the three primary financial statements used for reporting Paramount's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Paramount Global Class revenue and expense. Paramount Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Paramount Global's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 23.5 B, whereas Interest Expense is forecasted to decline to about 468.7 M. View More FundamentalsParamount Stock Against Markets
Picking the right benchmark for Paramount Global stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Paramount Global stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Paramount Global is critical whether you are bullish or bearish towards Paramount Global Class at a given time. Please also check how Paramount Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Paramount Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Paramount Global Corporate Directors
Paramount Global corporate directors refer to members of a Paramount Global board of directors. The board of directors generally takes responsibility for the Paramount Global's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Paramount Global's board members must vote for the resolution. The Paramount Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Woodman | Group Finance Director, Director | Profile | |
| Fiona Clutterbuck | Senior Independent Non-Executive Director | Profile | |
| Hugo Tudor | Non-Executive Director | Profile | |
| Alan Fletcher | Independent Non-Executive Director | Profile |
How to buy Paramount Stock?
Before investing in Paramount Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Paramount Global. To buy Paramount Global stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Paramount Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Paramount Global stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Paramount Global Class stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Paramount Global Class stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Paramount Global Class, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Paramount Stock please use our How to Invest in Paramount Global guide.
Already Invested in Paramount Global Class?
The danger of trading Paramount Global Class is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Paramount Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Paramount Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paramount Global Class is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Paramount Stock analysis
When running Paramount Global's price analysis, check to measure Paramount Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Global is operating at the current time. Most of Paramount Global's value examination focuses on studying past and present price action to predict the probability of Paramount Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Global's price. Additionally, you may evaluate how the addition of Paramount Global to your portfolios can decrease your overall portfolio volatility.
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Is Paramount Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 79.876 | Dividend Share 0.39 | Earnings Share (2.06) | Revenue Per Share 45.479 | Quarterly Revenue Growth (0.06) |
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.