Paramount Global (NASDAQ:PARA) Rating Lowered to "Strong Sell" at Seaport Res Ptn

Key Points

• Seaport Res Ptn has downgraded Paramount Global from a "hold" to a "strong sell" rating, indicating growing concerns about the company's prospects.
• Recent research reports have adjusted the target prices for Paramount Global, with Benchmark lowering it from $19.00 to $16.00 and other firms setting targets between $10.00 and $12.00.
• Despite a positive earnings report, where they beat estimates with $0.29 EPS, Paramount Global's revenue declined by 6.4% compared to the same quarter last year.

Seaport Res Ptn cut shares of Paramount Global (NASDAQ:PARA - Free Report) from a hold rating to a strong sell rating in a report released on Monday morning,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.

Several other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of Paramount Global from $11.00 to $10.00 and set an "underweight" rating for the company in a research note on Wednesday, May 21st. Needham & Company LLC reiterated a "hold" rating on shares of Paramount Global in a research note on Tuesday, July 22nd. UBS Group decreased their target price on shares of Paramount Global from $11.00 to $10.00 and set a "sell" rating for the company in a research note on Tuesday, April 15th. Morgan Stanley decreased their target price on shares of Paramount Global from $11.00 to $10.00 and set an "underweight" rating for the company in a research note on Tuesday, May 6th. Finally, Wall Street Zen assumed coverage on shares of Paramount Global in a research note on Saturday, May 17th. They issued a "hold" rating for the company. Seven analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $11.70.

Paramount Global Stock Performance

NASDAQ PARA traded up $0.44 on Monday, hitting $13.01. 9,483,914 shares of the company's stock traded hands, compared to its average volume of 8,977,055. The company has a current ratio of 1.29, a quick ratio of 1.18 and a debt-to-equity ratio of 0.84. Paramount Global has a 1-year low of $9.95 and a 1-year high of $13.59. The firm's 50-day moving average price is $12.50 and its two-hundred day moving average price is $11.71. The firm has a market capitalization of $8.77 billion, a PE ratio of -1.58, a P/E/G ratio of 4.08 and a beta of 1.19.

Paramount Global (NASDAQ:PARA - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.37 by $0.09. Paramount Global had a negative net margin of 19.09% and a positive return on equity of 4.80%. The business had revenue of $6.85 billion during the quarter, compared to analysts' expectations of $6.88 billion. During the same period in the previous year, the business posted $0.54 EPS. The business's quarterly revenue was up .5% compared to the same quarter last year. As a group, analysts expect that Paramount Global will post 1.77 EPS for the current year.

Paramount Global Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 16th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.5%. Paramount Global's dividend payout ratio is presently -2.43%.

Institutional Investors Weigh In On Paramount Global

Large investors have recently modified their holdings of the business. Bell Investment Advisors Inc grew its holdings in shares of Paramount Global by 100.3% in the first quarter. Bell Investment Advisors Inc now owns 2,243 shares of the company's stock valued at $27,000 after purchasing an additional 1,123 shares during the period. Mattson Financial Services LLC purchased a new stake in shares of Paramount Global in the fourth quarter valued at about $28,000. Ossiam grew its holdings in shares of Paramount Global by 57.2% in the fourth quarter. Ossiam now owns 2,810 shares of the company's stock valued at $29,000 after purchasing an additional 1,022 shares during the period. Atlas Capital Advisors Inc. purchased a new position in Paramount Global during the fourth quarter worth about $35,000. Finally, Resona Asset Management Co. Ltd. purchased a new position in Paramount Global during the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 73.00% of the company's stock.

Paramount Global Company Profile

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.