paramount global - PARA

PARA

Close Chg Chg %
10.33 0.25 2.42%

Closed Market

10.58

+0.25 (2.42%)

Volume: 8.70M

Last Updated:

Nov 20, 2024, 4:00 PM EDT

Company Overview: paramount global - PARA

PARA Key Data

Open

$10.35

Day Range

10.29 - 10.60

52 Week Range

9.54 - 17.50

Market Cap

$6.89B

Shares Outstanding

666.98M

Public Float

591.56M

Beta

1.77

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$8.89

Yield

193.61%

Dividend

$0.05

EX-DIVIDEND DATE

Dec 16, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

8.83M

 

PARA Performance

1 Week
 
-2.40%
 
1 Month
 
1.24%
 
3 Months
 
-6.87%
 
1 Year
 
-25.55%
 
5 Years
 
-73.23%
 

PARA Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 28
Full Ratings ➔

About paramount global - PARA

Paramount Global operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through the following segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, and CBS Films, as well as the company's digital streaming services, CBS All Access and CBSN. The Cable Networks segment includes Showtime Networks, CBS Sports Network, and Smithsonian Networks. The Publishing segment manages Simon & Schuster's consumer book publishing business with imprints such as Simon & Schuster, Pocket Books, Scribner, and Atria Books. The Local Media segment handles CBS Television Stations and CBS Local Digital Media, with revenues generated primarily from advertising sales and retransmission fees. The company was founded by Sumner Murray Redstone in 1986 and is headquartered in New York, NY.

PARA At a Glance

Paramount Global
1515 Broadway
New York, New York 10036-6188
Phone 1-212-258-6000 Revenue 29.65B
Industry Broadcasting Net Income -1,045,000,000.00
Sector Consumer Services Employees 21,900
Fiscal Year-end 12 / 2024
View SEC Filings

PARA Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.325
Price to Book Ratio 0.429
Price to Cash Flow Ratio 20.301
Enterprise Value to EBITDA 1,253.847
Enterprise Value to Sales 0.803
Total Debt to Enterprise Value 0.676

PARA Efficiency

Revenue/Employee 1,353,972.603
Income Per Employee -47,716.895
Receivables Turnover 4.168
Total Asset Turnover 0.53

PARA Liquidity

Current Ratio 1.316
Quick Ratio 1.169
Cash Ratio 0.255

PARA Profitability

Gross Margin 23.088
Operating Margin -1.346
Pretax Margin -4.226
Net Margin -3.524
Return on Assets -2.294
Return on Equity -5.636
Return on Total Capital -3.323
Return on Invested Capital -3.273

PARA Capital Structure

Total Debt to Total Equity 71.544
Total Debt to Total Capital 41.706
Total Debt to Total Assets 30.099
Long-Term Debt to Equity 70.394
Long-Term Debt to Total Capital 41.036
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Paramount Global - PARA

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
25.29B 28.59B 30.15B 29.65B
Sales Growth
-9.09% +13.06% +5.49% -1.66%
Cost of Goods Sold (COGS) incl D&A
15.38B 18.13B 20.25B 22.81B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
11.44B 13.74B 405.00M 418.00M
Depreciation
333.00M 344.00M 337.00M 383.00M
Amortization of Intangibles
60.00M 46.00M 68.00M 35.00M
COGS Growth
-12.91% +17.87% +11.67% +12.62%
Gross Income
9.90B 10.45B 9.90B 6.85B
Gross Income Growth
-2.42% +5.58% -5.24% -30.88%
Gross Profit Margin
+39.15% +36.56% +32.84% +23.09%
2020 2021 2022 2023 5-year trend
SG&A Expense
5.32B 6.40B 7.03B 7.25B
Research & Development
- - - -
-
Other SG&A
5.32B 6.40B 7.03B 7.25B
SGA Growth
-5.79% +20.26% +9.92% +3.01%
Other Operating Expense
- - - -
-
Unusual Expense
808.00M 214.00M 654.00M 33.00M
EBIT after Unusual Expense
3.77B 3.84B 2.22B (432.00M)
Non Operating Income/Expense
406.00M 2.35B (20.00M) 99.00M
Non-Operating Interest Income
60.00M 53.00M 108.00M 137.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.03B 986.00M 931.00M 920.00M
Interest Expense Growth
+7.17% -4.36% -5.58% -1.18%
Gross Interest Expense
1.03B 986.00M 931.00M 920.00M
Interest Capitalized
- - - -
-
Pretax Income
3.15B 5.21B 1.27B (1.25B)
Pretax Income Growth
-5.92% +65.43% -75.68% -198.97%
Pretax Margin
+12.45% +18.21% +4.20% -4.23%
Income Tax
535.00M 646.00M 227.00M (361.00M)
Income Tax - Current - Domestic
233.00M 317.00M 139.00M 154.00M
Income Tax - Current - Foreign
180.00M 239.00M 194.00M 135.00M
Income Tax - Deferred - Domestic
188.00M 298.00M (71.00M) (666.00M)
Income Tax - Deferred - Foreign
(66.00M) (208.00M) (35.00M) 16.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.58B 4.47B 835.00M (1.25B)
Minority Interest Expense
279.00M 88.00M 110.00M 32.00M
Net Income
2.31B 4.38B 725.00M (1.28B)
Net Income Growth
-29.51% +90.07% -83.45% -277.10%
Net Margin Growth
+9.12% +15.33% +2.40% -4.33%
Extraordinaries & Discontinued Operations
117.00M 162.00M 379.00M 239.00M
Discontinued Operations
117.00M 162.00M 379.00M 239.00M
Net Income After Extraordinaries
2.42B 4.54B 1.10B (1.04B)
Preferred Dividends
- 44.20M 58.00M 58.00M
Net Income Available to Common
2.42B 4.50B 1.05B (1.10B)
EPS (Basic)
3.9318 7.0184 1.6117 -1.6917
EPS (Basic) Growth
-26.90% +78.50% -77.04% -204.96%
Basic Shares Outstanding
616.00M 641.00M 649.00M 652.00M
EPS (Diluted)
3.9191 6.8684 1.6092 -1.6917
EPS (Diluted) Growth
-26.90% +75.25% -76.57% -205.13%
Diluted Shares Outstanding
618.00M 655.00M 650.00M 652.00M
EBITDA
16.02B 17.80B 3.28B 19.00M
EBITDA Growth
-8.45% +11.10% -81.59% -99.42%
EBITDA Margin
+63.35% +62.25% +10.86% +0.06%

Snapshot

Average Recommendation HOLD Average Target Price 12.075
Number of Ratings 28 Current Quarters Estimate 0.229
FY Report Date 12 / 2024 Current Year's Estimate 1.81
Last Quarter’s Earnings 0.49 Median PE on CY Estimate N/A
Year Ago Earnings 0.52 Next Fiscal Year Estimate 1.584
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 19 14 25 26
Mean Estimate 0.23 0.51 1.81 1.58
High Estimates 0.60 1.10 2.25 3.48
Low Estimate 0.10 0.30 1.48 0.88
Coefficient of Variance 53.59 40.79 9.49 30.01

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 1 1 1
HOLD 13 14 14
UNDERWEIGHT 1 1 1
SELL 9 9 9
MEAN Hold Hold Hold

Insider Actions for Paramount Global - PARA

Date Name Shares Transaction Value
Oct 4, 2024 Charles Edward Phillips Director 5,909 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Shari Redstone Director 600,255 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Shari Redstone Director 61,920 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Charles Edward Phillips Director 101,535 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Judith A. McHale Director 3,496 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Nancy R. Phillips EVP, Chief People Officer 31,475 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 13, 2024 Linda M. Griego Director 64,361 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Shari Redstone Director 553,290 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 13, 2024 Frederick Oniel Terrell Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Frederick Oniel Terrell Director 32,711 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 13, 2024 Frederick Oniel Terrell Director 32,566 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Judith A. McHale Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Judith A. McHale Director 42,113 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Linda M. Griego Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Linda M. Griego Director 64,506 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 13, 2024 Barbara Moakler Byrne Director 41,825 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Nicole Seligman Director 42,789 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 13, 2024 Barbara Moakler Byrne Director 41,970 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 13, 2024 Nicole Seligman Director 42,934 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 13, 2024 Robert N. Klieger Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Paramount Global in the News