ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 13,200 shares, a growth of 340.0% from the December 15th total of 3,000 shares. Based on an average daily trading volume, of 19,000 shares, the days-to-cover ratio is presently 0.7 days.
A number of research firms have recently issued reports on PBSFY. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ProSiebenSat.1 Media in a report on Monday, November 1st. Morgan Stanley dropped their target price on shares of ProSiebenSat.1 Media from €18.00 ($20.45) to €14.00 ($15.91) and set an "equal weight" rating for the company in a report on Monday. Barclays reaffirmed an "equal weight" rating on shares of ProSiebenSat.1 Media in a report on Friday, October 8th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of ProSiebenSat.1 Media in a report on Thursday, November 4th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $18.00.
PBSFY stock traded up $0.02 during mid-day trading on Friday, hitting $4.09. 23,513 shares of the company were exchanged, compared to its average volume of 6,575. ProSiebenSat.1 Media has a 12-month low of $3.61 and a 12-month high of $5.61. The firm has a market capitalization of $3.70 billion, a P/E ratio of 8.86 and a beta of 1.48. The business has a fifty day simple moving average of $3.95 and a 200-day simple moving average of $4.40. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 1.38.
ProSiebenSat.1 Media (OTCMKTS:PBSFY) last released its quarterly earnings results on Thursday, November 4th. The company reported $0.08 earnings per share (EPS) for the quarter. ProSiebenSat.1 Media had a return on equity of 19.35% and a net margin of 10.51%. The company had revenue of $1.24 billion during the quarter.
ProSiebenSat.1 Media Company Profile
ProSiebenSat.1 Media SE is a mass media and digital company. It operates through the following segments: Entertainment, Dating, and Commerce & Ventures. The Entertainment segment represents the company's business with focus on the Seven.One Entertainment Group, which provides multi-platform digital media to audiences in Germany, Austria, and Switzerland.
Further Reading: What is Cost of Goods Sold (COGS)?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider ProSiebenSat.1 Media, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProSiebenSat.1 Media wasn't on the list.
While ProSiebenSat.1 Media currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here