Prosiebensat.1 Media (OTCMKTS:PBSFY) Hits New 12-Month High - Here's Why

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 on Friday . The company traded as high as $2.26 and last traded at $2.26, with a volume of 2136 shares changing hands. The stock had previously closed at $2.04.

Analyst Ratings Changes

A number of brokerages have weighed in on PBSFY. Barclays cut shares of Prosiebensat.1 Media from a "strong-buy" rating to a "hold" rating in a research report 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 Trading Up 10.7%

The firm has a market cap of $2.04 billion, a P/E ratio of -112.75 and a beta of 1.15. The company has a 50 day moving average of $1.98 and a 200 day moving average of $1.71. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.92 and a current ratio of 0.97.

Prosiebensat.1 Media (OTCMKTS:PBSFY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.20). Prosiebensat.1 Media had a positive return on equity of 13.81% and a negative net margin of 0.58%. The company had revenue of $953.09 million for the quarter, compared to the consensus estimate of $996.46 million.

Prosiebensat.1 Media Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 18th. Investors of record on Monday, June 2nd were paid a $0.0072 dividend. This represents a dividend yield of 35.0%. The ex-dividend date was Friday, May 30th. Prosiebensat.1 Media's dividend payout ratio is presently -50.00%.

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.

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