Prosiebensat.1 Media (OTCMKTS:PBSFY) Hits New 12-Month High - Time to Buy?

Key Points

• Shares of Prosiebensat.1 Media hit a new 52-week high at $2.26, following trading with a volume of 2,136 shares.
• The company reported missed earnings with an EPS of $0.02, falling short of analysts' expectations of $0.22 and a revenue of $953.09 million against a consensus estimate of $996.46 million.
• Analyst ratings varied, with Barclays downgrading the stock from "strong-buy" to "hold", while DZ Bank upgraded it from "hold" to "strong-buy".

Shares of Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $2.26 and last traded at $2.26, with a volume of 2136 shares. The stock had previously closed at $2.04.

Analyst Ratings Changes

Several brokerages have recently weighed in on PBSFY. Barclays downgraded shares of Prosiebensat.1 Media from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. DZ Bank upgraded shares of Prosiebensat.1 Media from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 12th.

Prosiebensat.1 Media Price Performance

The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -22.55 and a beta of 1.21. The firm's 50 day moving average price is $1.99 and its two-hundred day moving average price is $1.72. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.97 and a quick ratio of 0.92.

Prosiebensat.1 Media (OTCMKTS:PBSFY - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.20). Prosiebensat.1 Media had a negative net margin of 2.27% and a positive return on equity of 13.40%. The business had revenue of $953.09 million during the quarter, compared to analyst estimates of $996.46 million.

Prosiebensat.1 Media Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 18th. Investors of record on Monday, June 2nd were given a dividend of $0.0072 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a yield of 35.0%. Prosiebensat.1 Media's dividend payout ratio is currently -10.00%.

About Prosiebensat.1 Media

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.