Seaport Res Ptn Downgrades Paramount Global (NASDAQ:PARAA) to Strong Sell

Key Points

• Paramount Global was downgraded from a "hold" to a "strong sell" rating by Seaport Res Ptn.
• The company reported a Q2 EPS of $0.29, missing analysts' estimates, and is projected to post a cumulative FY2025 EPS of $1.25.
• Institutional investors are actively increasing their stakes in Paramount Global, with Geode Capital Management raising its ownership by 11.6% during the fourth quarter.

Paramount Global (NASDAQ:PARAA - Get Free Report) was downgraded by equities researchers at Seaport Res Ptn from a "hold" rating to a "strong sell" rating in a note issued to investors on Monday,Zacks.com reports. Seaport Res Ptn also issued estimates for Paramount Global's Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $1.25 EPS, Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $1.45 EPS.

Paramount Global Stock Up 2.7%

Shares of NASDAQ:PARAA traded up $0.52 during trading on Monday, reaching $19.61. 124,892 shares of the company traded hands, compared to its average volume of 56,204. The firm has a fifty day simple moving average of $22.71 and a 200 day simple moving average of $22.66. The firm has a market cap of $13.22 billion, a P/E ratio of -653.45 and a beta of 1.27. Paramount Global has a 1-year low of $18.00 and a 1-year high of $24.50. The company has a quick ratio of 1.18, a current ratio of 1.29 and a debt-to-equity ratio of 0.84.

Paramount Global (NASDAQ:PARAA - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.02. The firm had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.88 billion. Paramount Global had a negative net margin of 0.05% and a positive return on equity of 4.53%. Analysts anticipate that Paramount Global will post 2.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Paramount Global

A number of large investors have recently modified their holdings of PARAA. Northwestern Mutual Wealth Management Co. increased its stake in Paramount Global by 1,090.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,119 shares of the company's stock valued at $25,000 after purchasing an additional 1,025 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Paramount Global by 34.6% during the first quarter. PNC Financial Services Group Inc. now owns 3,366 shares of the company's stock worth $77,000 after acquiring an additional 865 shares in the last quarter. State of Wyoming increased its position in shares of Paramount Global by 97.9% during the fourth quarter. State of Wyoming now owns 4,788 shares of the company's stock worth $107,000 after acquiring an additional 2,369 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Paramount Global during the second quarter worth $213,000. Finally, Ethic Inc. increased its position in shares of Paramount Global by 35.7% during the second quarter. Ethic Inc. now owns 12,581 shares of the company's stock worth $283,000 after acquiring an additional 3,311 shares in the last quarter. 5.98% of the stock is currently owned by institutional investors and hedge funds.

About Paramount Global

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.