Imperial Capital reaffirmed their outperform rating on shares of ViacomCBS (NASDAQ:VIAC) in a research note released on Monday, January 6th, BenzingaRatingsTable reports. Imperial Capital currently has a $59.00 price target on the stock. Imperial Capital also issued estimates for ViacomCBS’s Q1 2020 earnings at $1.40 EPS, Q2 2020 earnings at $1.53 EPS, Q3 2020 earnings at $1.44 EPS, Q4 2020 earnings at $1.88 EPS and FY2020 earnings at $6.25 EPS.
Several other research firms have also issued reports on VIAC. Macquarie started coverage on shares of ViacomCBS in a research report on Monday, December 16th. They issued a buy rating for the company. Zacks Investment Research upgraded ViacomCBS from a hold rating to a buy rating and set a $47.00 price objective on the stock in a research note on Wednesday, December 25th. Evercore ISI assumed coverage on ViacomCBS in a research report on Monday, December 9th. They set an outperform rating for the company. Argus assumed coverage on ViacomCBS in a research note on Friday, December 13th. They issued a hold rating on the stock. Finally, Deutsche Bank initiated coverage on ViacomCBS in a research note on Tuesday, December 17th. They set a buy rating and a $60.00 price objective for the company. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $51.50.
Shares of NASDAQ VIAC traded up $0.15 during mid-day trading on Monday, hitting $39.84. The company had a trading volume of 51,174 shares, compared to its average volume of 5,474,770. The stock has a market cap of $14.94 billion, a PE ratio of 7.66, a PEG ratio of 0.57 and a beta of 1.22. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.05 and a current ratio of 1.52. ViacomCBS has a 12 month low of $35.02 and a 12 month high of $53.71.
ViacomCBS (NASDAQ:VIAC) last issued its earnings results on Tuesday, November 12th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The firm had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.37 billion. ViacomCBS had a return on equity of 44.13% and a net margin of 18.98%. Research analysts forecast that ViacomCBS will post 5.48 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend was Friday, December 27th. This is a boost from ViacomCBS’s previous quarterly dividend of $0.18. ViacomCBS’s dividend payout ratio is 18.50%.
ViacomCBS Inc operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services.
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