Paramount Global Class Stock Today

PARA Stock  USD 10.88  0.21  1.89%   

Performance

0 of 100

 
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Odds Of Distress

Less than 39

 
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Below Average
Paramount Global is trading at 10.88 as of the 24th of November 2024, a 1.89 percent decrease since the beginning of the trading day. The stock's open price was 11.09. 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. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Paramount Global Class's common stock.
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 626.27 M outstanding shares of which 64.02 M shares are at this time shorted by private and institutional investors with about 11.62 trading days to cover. More on Paramount Global Class

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Paramount Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentRobert Bakish
Thematic IdeaWarren Buffett Holdings (View all Themes)
Business ConcentrationBroadcasting, Media & Entertainment, Communication Services, SP 500 Index, NASDAQ Composite, Warren Buffett Holdings, Communication Services, Media, Entertainment, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.5538
Way Down
Slightly volatile
Gross Profit Margin0.440.245
Way Up
Slightly volatile
Net DebtB13.4 B
Way Down
Slightly volatile
Total Current Liabilities5.6 B9.7 B
Way Down
Slightly volatile
Non Current Liabilities Total15.7 B20.8 B
Way Down
Slightly volatile
Total Assets41.1 B53.5 B
Way Down
Slightly volatile
Total Current AssetsB12.7 B
Way Down
Slightly volatile
Total Cash From Operating Activities451.2 M475 M
Notably Down
Slightly volatile
Debt Levels
Paramount Global can leverage 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.
Liquidity
Paramount Global Class currently holds 15.86 B in liabilities with Debt to Equity (D/E) ratio of 0.74, which is about average as compared to similar companies. Paramount Global Class has a current ratio of 1.28, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Paramount Global's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(403.75 Million)
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 7.74 B. Paramount Global Class conducts business under Media sector and is part of Communication Services industry. The entity has 626.27 M outstanding shares of which 64.02 M shares are at this time shorted by private and institutional investors with about 11.62 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 Allocation
Paramount Global owns a total of 626.27 Million outstanding shares. The majority of Paramount Global Class outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Paramount Global Class to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Paramount Global. Please pay attention to any change in the institutional holdings of Paramount Global Class as this could imply that something significant has changed or is about to change at the company. On October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Paramount Global Class's common stock.
Check Paramount Ownership Details

Paramount Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
7.4 M
Wells Fargo & Co2024-06-30
7.3 M
Goldman Sachs Group Inc2024-06-30
7.3 M
Hotchkis & Wiley Capital Management Llc2024-06-30
6.6 M
Bank Of America Corp2024-06-30
6.5 M
Northern Trust Corp2024-09-30
5.1 M
Pentwater Capital Management Lp2024-09-30
M
Dimensional Fund Advisors, Inc.2024-09-30
4.3 M
Loomis, Sayles & Company Lp2024-06-30
M
Vanguard Group Inc2024-09-30
66.3 M
Blackrock Inc2024-06-30
58 M
View Paramount Global Diagnostics

Paramount Global Historical Income Statement

At present, Paramount Global's Cost Of Revenue is projected to increase significantly based on the last few years of reporting. The current year's Non Recurring is expected to grow to about 682.2 M, whereas Depreciation And Amortization is forecasted to decline to about 397.1 M. View More Fundamentals

Paramount Stock Against Markets

Paramount Global Corporate Management

Katherine GillCharestController VPProfile
Stephen MiranteExecutive OfficerProfile
Doretha LeaExecutive RelationsProfile
Nancy PhillipsExecutive OfficerProfile
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:
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Is Broadcasting space 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
0.2
Earnings Share
(9.06)
Revenue Per Share
43.672
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.