Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands. This segment also offers domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consisting of CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment provides a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+, and Noggin. The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It also offers production, distribution, and advertising solutions. 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 is a subsidiary of National Amusements, Inc. more
| Time Frame | PARA | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | -7.89% | 0.83% | 1.51% |
| 1-Month Return | 11.19% | 3.14% | 5.65% |
| 3-Month Return | 1.02% | 4.9% | 6.8% |
| 6-Month Return | -8.19% | 18.3% | 18.16% |
| 1-Year Return | -21.69% | 37.24% | 29.33% |
| 3-Year Return | -65.91% | 10.79% | 33.21% |
| 5-Year Return | -71.36% | 75.92% | 100.99% |
| 10-Year Return | -74.35% | 73.88% | 237.54% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 27.81B | 25.29B | 28.59B | 30.15B | 29.65B | [{"date":"2019-12-31","value":92.23,"profit":true},{"date":"2020-12-31","value":83.85,"profit":true},{"date":"2021-12-31","value":94.8,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.34,"profit":true}] |
| Cost of Revenue | 17.22B | 14.99B | 17.74B | 19.84B | 22.39B | [{"date":"2019-12-31","value":76.93,"profit":true},{"date":"2020-12-31","value":66.96,"profit":true},{"date":"2021-12-31","value":79.26,"profit":true},{"date":"2022-12-31","value":88.64,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Profit | 10.59B | 10.29B | 10.84B | 10.31B | 7.26B | [{"date":"2019-12-31","value":97.67,"profit":true},{"date":"2020-12-31","value":94.94,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":95.08,"profit":true},{"date":"2023-12-31","value":67,"profit":true}] |
| Gross Margin | 38.07% | 40.71% | 37.93% | 34.19% | 24.50% | [{"date":"2019-12-31","value":93.53,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":93.17,"profit":true},{"date":"2022-12-31","value":83.98,"profit":true},{"date":"2023-12-31","value":60.18,"profit":true}] |
| Operating Expenses | 6.09B | 5.61B | 6.83B | 7.50B | 7.82B | [{"date":"2019-12-31","value":77.92,"profit":true},{"date":"2020-12-31","value":71.71,"profit":true},{"date":"2021-12-31","value":87.4,"profit":true},{"date":"2022-12-31","value":96,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Operating Income | 4.27B | 4.14B | 4.06B | 2.34B | (451.00M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":96.86,"profit":true},{"date":"2021-12-31","value":94.92,"profit":true},{"date":"2022-12-31","value":54.81,"profit":true},{"date":"2023-12-31","value":-10.55,"profit":false}] |
| Total Non-Operating Income/Expense | (1.82B) | (1.96B) | 217.00M | (1.90B) | (701.00M) | [{"date":"2019-12-31","value":-840.55,"profit":false},{"date":"2020-12-31","value":-904.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-875.12,"profit":false},{"date":"2023-12-31","value":-323.04,"profit":false}] |
| Pre-Tax Income | 3.35B | 3.15B | 5.21B | 1.27B | (1.25B) | [{"date":"2019-12-31","value":64.25,"profit":true},{"date":"2020-12-31","value":60.45,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":24.32,"profit":true},{"date":"2023-12-31","value":-24.07,"profit":false}] |
| Income Taxes | (9.00M) | 535.00M | 646.00M | 227.00M | (361.00M) | [{"date":"2019-12-31","value":-1.39,"profit":false},{"date":"2020-12-31","value":82.82,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":35.14,"profit":true},{"date":"2023-12-31","value":-55.88,"profit":false}] |
| Income After Taxes | 3.35B | 2.61B | 4.56B | 1.04B | (892.00M) | [{"date":"2019-12-31","value":73.55,"profit":true},{"date":"2020-12-31","value":57.28,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":22.79,"profit":true},{"date":"2023-12-31","value":-19.56,"profit":false}] |
| Income From Continuous Operations | 3.30B | 2.58B | 4.47B | 835.00M | (1.25B) | [{"date":"2019-12-31","value":73.86,"profit":true},{"date":"2020-12-31","value":57.82,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":18.68,"profit":true},{"date":"2023-12-31","value":-28.02,"profit":false}] |
| Income From Discontinued Operations | 140.00M | 117.00M | 162.00M | 379.00M | - | [{"date":"2019-12-31","value":36.94,"profit":true},{"date":"2020-12-31","value":30.87,"profit":true},{"date":"2021-12-31","value":42.74,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | 3.31B | 2.42B | 4.54B | 1.10B | (608.00M) | [{"date":"2019-12-31","value":72.82,"profit":true},{"date":"2020-12-31","value":53.31,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":24.3,"profit":true},{"date":"2023-12-31","value":-13.38,"profit":false}] |
| EPS (Diluted) | 4.45 | 4.33 | 3.51 | 1.71 | 0.53 | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":97.3,"profit":true},{"date":"2021-12-31","value":78.88,"profit":true},{"date":"2022-12-31","value":38.43,"profit":true},{"date":"2023-12-31","value":11.91,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| PARA | |
|---|---|
| Cash Ratio | 0.26 |
| Current Ratio | 1.29 |
| Quick Ratio | 1.19 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| PARA | |
|---|---|
| ROA (LTM) | 2.64% |
| ROE (LTM) | -2.90% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| PARA | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.57 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.42 |
| Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 2.38 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| PARA | |
|---|---|
| Trailing PE | NM |
| Forward PE | 9.16 |
| P/S (TTM) | 0.26 |
| P/B | 0.32 |
| Price/FCF | 42 |
| EV/R | 0.71 |
| EV/Ebitda | 246.82 |
| PEG | NM |
It’s now apparent that the streaming wars are over, and Netflix (NASDAQ: NFLX ) has emerged victorious. One point supporting this is that studios owned by rival streaming firms, such as HBO, are selling significant amounts of content to Netflix. Another piece of evidence is that Netflix is very profitable, generating operating income of $6.95 billion last year. Meanwhile, all of the other major streaming companies are still in the red. Moreover, the other owners of streaming channels own cable channels that are continuously being hurt by the cord-cutting trend. In light of these issues, investors should immediately unload the shares of all streaming channels other than Netflix. More specifically, here are three streaming stocks that are the best contenders to sell. Warner Bros. Discovery (WBD) Source: Jimmy Tudeschi / Shutterstock.com Warner Bros. Discovery (NASDAQ: WBD ) seems to have little hope of meeting its financial goals by lifting its streaming channels’ subscriber base. This is evident by the company looking to attain its targets through layoffs and price hikes .
While most of us are still focused on the news that Paramount (NASDAQ:PARA) could get sold to somebody, somewhere, for some price, there is the pos…
Unveils Special Workshop Experience Designed to Transcend the Screen by Bringing IF Characters "To Life" for Fans ST. LOUIS, May 16, 2024 /PRNewswire/ -- Build-A-Bear Workshop, Inc. (NYSE: BBW) is thrilled to announce the in-store celebration of the upcoming Paramount Pictures feature…
Build-A-Bear teams up with Paramount for ''IF'' film: Special experiences, exclusive merchandise, and personalized Heart Ceremony by Krasinski await fans starting May 16.
It’s been nearly two weeks since Warren Buffett presided over his company’s annual shareholder meeting in Omaha. The ritual has become a must-attend for those in the industry and Berkshire Hathaway (NYSE: BRK.B ) shareholders. There’s no question Berkshire Hathaway stock remains very attractive for long-term investors. The media’s gone over many of the highlights, so I won’t delve into the events of that weekend in Nebraska. It sounded, as always, like a lot of fun. The biggest downer: Charlie Munger wasn’t there to throw out the usual zingers he’s become known for. Munger will be remembered for years to come. I’ve always felt that Berkshire is the ultimate mutual fund. This is because it charges no fees, provides healthy long-term returns, and protects against the downside. You will find that this is unlike few stocks in the United States. If you could only own one stock, besides the SPDR S&P 500 ETF Trust (NYSEARCA: SPY ), which Buffett recommends most investors buy, it would be Berkshire Hathaway.
Bill Hwang Wanted To Become A "Wall Street Legend", Prosecutors Allege In Opening Statements As the Bill Hwang trial began making its way through its first week, prosecutors described the family office manager as someone attempting to "become a legend on Wall Street" to jurors, according to the Financial Times . The trial of Hwang in Manhattan began this with hopes of uncovering motives behind his historic collapse that caused $100 billion in collateral damage. Prosecutor Alexandra Rothman told the court in her opening statement: “From the inside these two men turned an investment business into a crime business, all because the defendant Bill Hwang wanted to become a legend on Wall Street…" Hwang’s defense argued, meanwhile, that he was merely a committed investor who backed companies like ViacomCBS and Discovery. One of his lawyers, Barry Berke, told the court Monday: “Mr. Hwang . . . most certainly put his money where his mouth is.” On Tuesday, testimony was heard from UBS risk manager Bryan Fairbanks, who revealed that UBS was startled to discover Archegos'' main investments were in less liquid firms like Viacom, Discovery, and Tencent Holdings, contrary to earlier assurances of stable tech holdings like Apple and Google, according to Bloomberg .
With global mergers and acquisitions (M&A) volume set to rise by 50% this year , you may be interested in some of the top buyout stocks to buy. After all, when financial acquirers, like private equity firms, make an offer for a public company, they typically pony up a big premium to the stock’s trading price. This creates an opportunity for profit. However, dabbling in takeover stocks can be a risky endeavor. Even if there are buyout rumors abound, rumors do not always translate into bona fide deals. Such stocks can quickly reverse course if and when chatter about a possible transaction subsides. Hence, it’s typically recommended not to buy a stock just on takeover speculation. That said, there are currently many stocks out there that, besides offering good value and big rebound potential, have been or could soon be the subject of takeover talk. That’s the story here, with the following seven buyout stocks to buy. E2open Parent Holdings (ETWO) Source: Epic Cure / Shutterstock E2open Parent Holdings (NYSE: ETWO ) operates a cloud-based supply chain management SaaS [software as a service] platform.
Conglomerate giant Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) – which covers a broad range of sectors from insurance to utilities – saw its shares grab the spotlight on Wednesday. Speculation has heightened around a confidential position that Warren Buffett’s enterprise acquired at some point in the second half of 2023. With the disclosure deadline today, the Warren Buffett mystery stock could be revealed soon. According to Investor’s Business Daily , the conglomerate previously stated during its Q1 earnings report that it reduced a significant position in consumer technology giant Apple (NASDAQ: AAPL ) by 13%. It also exited multinational mass media firm Paramount Global (NASDAQ: PARA ). However, not all of the moves were revealed publicly, which could come in a 13F filing with the U.S. Securities and Exchange Commission (SEC) late Wednesday. The spotlight centers on the so-called Berkshire Hathaway mystery stock. Several Buffett watchers speculate that the security may relate to a financial firm.
Paramount Global Class B (PARA) share price today is $12.02
Yes, Indians can buy shares of Paramount Global Class B (PARA) on Vested. To buy Paramount Global Class B from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in PARA stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Paramount Global Class B (PARA) via the Vested app. You can start investing in Paramount Global Class B (PARA) with a minimum investment of $1.
You can invest in shares of Paramount Global Class B (PARA) via Vested in three simple steps:
The 52-week high price of Paramount Global Class B (PARA) is $17.37. The 52-week low price of Paramount Global Class B (PARA) is $10.12.
The price-to-earnings (P/E) ratio of Paramount Global Class B (PARA) is NM
The price-to-book (P/B) ratio of Paramount Global Class B (PARA) is 0.32
The dividend yield of Paramount Global Class B (PARA) is 1.58%
The market capitalization of Paramount Global Class B (PARA) is $8.37B
The stock symbol (or ticker) of Paramount Global Class B is PARA
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