Prosiebensat.1 Media (OTCMKTS:PBSFY) Hits New 52-Week High - What's Next?

Key Points

• Prosiebensat.1 Media shares hit a new 52-week high of $2.27, reflecting a significant increase as analysts adjust their ratings.
• The company reported a loss in earnings per share for the previous quarter, missing consensus estimates by $0.20, alongside revenue that fell short of expectations.
• Despite a recent dividend payment yielding 35.0%, the company has a negative payout ratio, underscoring potential financial challenges.

Shares of Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $2.27 and last traded at $2.27, with a volume of 100 shares traded. The stock had previously closed at $2.26.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on PBSFY shares. 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 raised 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 Stock Up 0.4%

The business's 50 day moving average price is $2.05 and its 200-day moving average price is $1.78. The firm has a market capitalization of $2.06 billion, a PE ratio of -22.70 and a beta of 1.21. 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 released its quarterly 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). The company had revenue of $953.09 million during the quarter, compared to analysts' expectations of $996.46 million. Prosiebensat.1 Media had a negative net margin of 2.27% and a positive return on equity of 13.40%.

Prosiebensat.1 Media Cuts Dividend

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

Prosiebensat.1 Media Company Profile

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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