NASDAQ
PARAA

Paramount Global Class A

Entertainment
Communication Services

Prices are adjusted according to historical splits.

Paramount Global Class A Stock Price

Vitals

Today's Low:
$16.9207
Today's High:
$17.33
Open Price:
$17.14
52W Low:
$15.96
52W High:
$29.13
Prev. Close:
$17.27
Volume:
38201

Company Statistics

Market Cap.:
$9.02 billion
Book Value:
33.264
Revenue TTM:
$29.93 billion
Operating Margin TTM:
6.86%
Gross Profit TTM:
$10.31 billion
Profit Margin:
-3.89%
Return on Assets TTM:
2.29%
Return on Equity TTM:
-6.35%

Company Profile

Paramount Global Class A had its IPO on 2022-02-17 under the ticker symbol PARAA.

The company operates in the Communication Services sector and Entertainment industry. Paramount Global Class A has a staff strength of 24,500 employees.

Stock update

Shares of Paramount Global Class A opened at $17.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.92 - $17.33, and closed at $17.

This is a -1.56% slip from the previous day's closing price.

A total volume of 38,201 shares were traded at the close of the day’s session.

In the last one week, shares of Paramount Global Class A have increased by +1.01%.

Paramount Global Class A's Key Ratios

Paramount Global Class A has a market cap of $9.02 billion, indicating a price to book ratio of 0.6295 and a price to sales ratio of 0.3862.

In the last 12-months Paramount Global Class A’s revenue was $29.93 billion with a gross profit of $10.31 billion and an EBITDA of $2.45 billion. The EBITDA ratio measures Paramount Global Class A's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Paramount Global Class A’s operating margin was 6.86% while its return on assets stood at 2.29% with a return of equity of -6.35%.

In Q2, Paramount Global Class A’s quarterly earnings growth was a negative -99.7% while revenue growth was a negative 2.1%.

Paramount Global Class A’s PE and PEG Ratio

Forward PE
15.1515
Trailing PE
0
PEG
2.0605

Its diluted EPS in the last 12-months stands at $-2.48 per share while it has a forward price to earnings multiple of 15.1515 and a PEG multiple of 2.0605. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Paramount Global Class A’s profitability.

Paramount Global Class A stock is trading at a EV to sales ratio of 0.8857 and a EV to EBITDA ratio of 5.2617. Its price to sales ratio in the trailing 12-months stood at 0.3862.

Paramount Global Class A stock pays annual dividends of $0.77 per share, indicating a yield of 1.09% and a payout ratio of 87.88%.

Balance sheet and cash flow metrics

Total Assets
$55.36 billion
Total Liabilities
$10.67 billion
Operating Cash Flow
$-138000000.00
Capital Expenditure
$69 million
Dividend Payout Ratio
87.88%

Paramount Global Class A ended 2024 with $55.36 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $55.36 billion while shareholder equity stood at $21.66 billion.

Paramount Global Class A ended 2024 with $516.00 million in deferred long-term liabilities, $10.67 billion in other current liabilities, 1000000.00 in common stock, $13.12 billion in retained earnings and $16.52 billion in goodwill. Its cash balance stood at $1.71 billion and cash and short-term investments were $1.71 billion. The company’s total short-term debt was $180,000,000 while long-term debt stood at $254.00 million.

Paramount Global Class A’s total current assets stands at $12.46 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $7.19 billion compared to accounts payable of $1.21 billion and inventory worth $1.53 billion.

In 2024, Paramount Global Class A's operating cash flow was $-138000000.00 while its capital expenditure stood at $69 million.

Comparatively, Paramount Global Class A paid $0.88 in dividends in 2024.

Other key metrics

Current Trading Price
$17
52-Week High
$29.13
52-Week Low
$15.96
Analyst Target Price
$18.33

Paramount Global Class A stock is currently trading at $17 per share. It touched a 52-week high of $29.13 and a 52-week low of $29.13. Analysts tracking the stock have a 12-month average target price of $18.33.

Its 50-day moving average was $18.31 and 200-day moving average was $21.27 The short ratio stood at 6.81 indicating a short percent outstanding of 0%.

Around 7738.8% of the company’s stock are held by insiders while 1796% are held by institutions.

Frequently Asked Questions About Paramount Global Class A

The stock symbol (also called stock or share ticker) of Paramount Global Class A is PARAA

The IPO of Paramount Global Class A took place on 2022-02-17

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About

Paramount Global operates as a media and entertainment company worldwide. The company operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. Its TV Media segment operates domestic and international broadcast networks, including CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión; and cable networks comprising Paramount Media Networks, Nickelodeon, BET Media Group, and CBS Sports. The company’s Direct-to-Consumer segment provides portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, Showtime Networks’ subscription streaming service, BET+, and Noggin. The company’s Filmed Entertainment segment produces and acquires films, series, and short-form content for release; media licensing around the world, including in theaters, on streaming services, on television, digital home entertainment, and DVDs; and operates portfolio of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York. Paramount Global operates as a subsidiary of National Amusements, Inc.

Address

1515 Broadway, New York, NY, United States, 10036