Paramount Global (PARAA) Competitors

23.52
+0.31 (+1.34%)
(As of 05/8/2024 09:06 PM ET)

PARAA vs. FOXA, FOX, PARA, NXST, FWONA, H, SNA, CCL, NWS, and POOL

Should you be buying Paramount Global stock or one of its competitors? The main competitors of Paramount Global include FOX (FOXA), FOX (FOX), Paramount Global (PARA), Nexstar Media Group (NXST), Formula One Group (FWONA), Hyatt Hotels (H), Snap-on (SNA), Carnival Co. & (CCL), News (NWS), and Pool (POOL). These companies are all part of the "consumer discretionary" sector.

Paramount Global vs.

FOX (NASDAQ:FOXA) and Paramount Global (NASDAQ:PARAA) are both large-cap consumer discretionary companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, profitability, institutional ownership, community ranking, analyst recommendations, dividends, media sentiment and earnings.

FOX pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Paramount Global pays an annual dividend of 0.20 per share and has a dividend yield of 0.9%. FOX pays out 30.8% of its earnings in the form of a dividend. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. FOX has increased its dividend for 3 consecutive years. FOX is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

FOX received 964 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 73.27% of users gave FOX an outperform vote while only 33.33% of users gave Paramount Global an outperform vote.

CompanyUnderperformOutperform
FOXOutperform Votes
965
73.27%
Underperform Votes
352
26.73%
Paramount GlobalOutperform Votes
1
33.33%
Underperform Votes
2
66.67%

FOX currently has a consensus target price of $33.40, suggesting a potential upside of 0.72%. Given Paramount Global's stronger consensus rating and higher probable upside, analysts clearly believe FOX is more favorable than Paramount Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FOX
1 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.09
Paramount Global
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

52.5% of FOX shares are owned by institutional investors. Comparatively, 6.0% of Paramount Global shares are owned by institutional investors. 21.8% of FOX shares are owned by company insiders. Comparatively, 1.7% of Paramount Global shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Paramount Global had 46 more articles in the media than FOX. MarketBeat recorded 56 mentions for Paramount Global and 10 mentions for FOX. Paramount Global's average media sentiment score of 1.15 beat FOX's score of 0.15 indicating that FOX is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
FOX
6 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Paramount Global
19 Very Positive mention(s)
7 Positive mention(s)
13 Neutral mention(s)
12 Negative mention(s)
1 Very Negative mention(s)
Neutral

FOX has a net margin of 5.75% compared to FOX's net margin of -0.15%. Paramount Global's return on equity of 15.81% beat FOX's return on equity.

Company Net Margins Return on Equity Return on Assets
FOX5.75% 15.81% 7.39%
Paramount Global -0.15%3.35%1.40%

FOX has a beta of 0.77, suggesting that its share price is 23% less volatile than the S&P 500. Comparatively, Paramount Global has a beta of 1.66, suggesting that its share price is 66% more volatile than the S&P 500.

FOX has higher earnings, but lower revenue than Paramount Global. Paramount Global is trading at a lower price-to-earnings ratio than FOX, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FOX$14.91B1.06$1.24B$1.6919.62
Paramount Global$29.65B0.52-$608M-$0.15-156.79

Summary

FOX beats Paramount Global on 17 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PARAA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PARAA vs. The Competition

MetricParamount GlobalTelevision broadcasting stations IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$15.35B$5.25B$6.67B$7.77B
Dividend Yield0.89%3.42%2.76%3.96%
P/E Ratio-156.7920.9318.3219.21
Price / Sales0.520.755.5679.98
Price / Cash0.944.5913.0728.62
Price / Book0.671.045.374.39
Net Income-$608M$42.59M$193.25M$217.41M
7 Day Performance9.60%1.89%13.49%3.02%
1 Month Performance-1.75%2.90%-1.37%-2.43%
1 Year Performance19.82%-17.11%3.28%8.46%

Paramount Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FOXA
FOX
3.6338 of 5 stars
$32.32
-0.7%
$33.40
+3.3%
+3.1%$15.35B$14.91B19.1210,400News Coverage
Positive News
FOX
FOX
1.2844 of 5 stars
$29.85
-0.6%
N/A+3.5%$14.18B$14.91B17.6610,400
PARA
Paramount Global
3.426 of 5 stars
$12.89
-3.0%
$13.58
+5.3%
-24.5%$8.59B$30.07B-85.9321,900Analyst Upgrade
Analyst Revision
NXST
Nexstar Media Group
4.5628 of 5 stars
$166.39
-1.1%
$193.83
+16.5%
+1.3%$5.48B$4.93B17.2813,294
FWONA
Formula One Group
2.5206 of 5 stars
$64.31
+2.2%
$77.00
+19.7%
-2.9%$15.09B$3.22B0.007,047Positive News
H
Hyatt Hotels
4.3142 of 5 stars
$150.41
-0.6%
$143.19
-4.8%
+25.5%$15.22B$6.67B73.73206,000Analyst Upgrade
SNA
Snap-on
4.4166 of 5 stars
$276.86
+0.8%
$316.75
+14.4%
+6.2%$14.60B$4.73B14.532,700
CCL
Carnival Co. &
4.8961 of 5 stars
$14.13
-3.2%
$21.47
+52.0%
+35.0%$15.85B$21.59B54.3392,000
NWS
News
0.2897 of 5 stars
$25.25
-0.5%
N/A+44.3%$14.42B$9.88B63.1325,000News Coverage
POOL
Pool
2.9288 of 5 stars
$372.68
+0.5%
$391.80
+5.1%
+3.6%$14.28B$5.54B29.166,000

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This page (NASDAQ:PARAA) was last updated on 5/9/2024 by MarketBeat.com Staff

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