Paramount Global Class Stock Today
| PARAA Stock | USD 23.30 1.24 5.62% |
Performance0 of 100
| Odds Of DistressOver 59
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Paramount Global is trading at 23.30 as of the 21st of November 2024, a 5.62% up since the beginning of the trading day. The stock's open price was 22.06. Paramount Global has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors 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 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 17th of February 2022 | 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 40.7 M outstanding shares of which 482.44 K shares are at this time shorted by private and institutional investors with about 18.07 days to cover all short positions. More on Paramount Global Class
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Paramount Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Robert Bakish | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, NASDAQ Composite, Communication Services, Entertainment, Entertainment, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsParamount 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.
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Paramount Global Class (PARAA) 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 Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.52 B. Paramount Global Class classifies itself under Entertainment sector and is part of Communication Services industry. The entity has 40.7 M outstanding shares of which 482.44 K shares are at this time shorted by private and institutional investors with about 18.07 days to cover all short positions.
Paramount Global Class has accumulated about 4.04 B in cash with 475 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.22.
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Ownership AllocationParamount Global owns a total of 40.7 Million outstanding shares. Paramount Global holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 77.49 pct. of Paramount Global Class outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Paramount Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2024-06-30 | 55.7 K | |
| Squarepoint Ops Llc | 2024-06-30 | 46.7 K | |
| State Street Corp | 2024-06-30 | 41.1 K | |
| Bank Of America Corp | 2024-06-30 | 38.8 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 28.3 K | |
| National Asset Management Inc | 2024-06-30 | 26.7 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 25.2 K | |
| Renaissance Technologies Corp | 2024-09-30 | 24.5 K | |
| Barclays Plc | 2024-06-30 | 19.6 K | |
| Gamco Investors, Inc. Et Al | 2024-06-30 | 2.9 M | |
| Gabelli Funds Llc | 2024-09-30 | 1.8 M |
Paramount Global Historical Income Statement
Paramount Stock Against Markets
Paramount Global Corporate Management
| Katherine GillCharest | Controller VP | Profile | |
| Stephen Mirante | Executive Officer | Profile | |
| Doretha Lea | Executive Relations | Profile | |
| Nancy Phillips | Executive Officer | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Movies & Entertainment 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.