Prosiebensat.1 Media Se (OTCMKTS:PBSFY) Sees Significant Increase in Short Interest

Key Points

• Prosiebensat.1 Media SE's short interest increased by 900% from 100 shares at the end of June to 1,000 shares by mid-July, resulting in a short-interest ratio of 0.5 days.
• The company reported disappointing quarterly earnings with an EPS of $0.02, missing the consensus estimate of $0.22, along with a revenue of $953.09 million against expectations of $996.46 million.
• Prosiebensat.1 Media cut its dividend to $0.0072 per share, reflecting a 35.0% dividend yield and a payout ratio of -50.00%.

Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,000 shares, agrowthof900.0% from the June 30th total of 100 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 0.5 days.

Prosiebensat.1 Media Trading Up 10.7%

Shares of PBSFY stock opened at $2.26 on Friday. Prosiebensat.1 Media has a fifty-two week low of $1.14 and a fifty-two week high of $2.26. The company has a 50 day moving average price of $1.99 and a 200 day moving average price of $1.71. The stock has a market capitalization of $2.04 billion, a P/E ratio of -22.55 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 posted 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). The business had revenue of $953.09 million during the quarter, compared to analyst estimates of $996.46 million. Prosiebensat.1 Media had a positive return on equity of 13.40% and a negative net margin of 2.27%.

Prosiebensat.1 Media Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 18th. Stockholders 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 dividend yield of 35.0%. Prosiebensat.1 Media's payout ratio is currently -50.00%.

Analysts Set New Price Targets

Several research analysts have recently commented on PBSFY shares. Barclays lowered Prosiebensat.1 Media from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. DZ Bank raised Prosiebensat.1 Media from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 12th.

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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