Viacom (VIA) Earning Somewhat Favorable Media Coverage, Study Shows
Media headlines about Viacom (NASDAQ:VIA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Viacom earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.9427719116476 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Viacom Inc. (VIAB) Shares Bought by Ingalls & Snyder LLC (expressnewsline.com)
- Norges Bank Adjusts Its Holdings in Viacom Inc. – Class B (VIAB) (joshnaijablog.com)
- Mi9 To Represent Viacom Digital Properties In New Zealand (nickalive.blogspot.com)
- BMO Capital Markets Reaffirms “Market Perform” Rating for Viacom Inc. (NASDAQ:VIAB) (wobko.net)
- Look for Shares of Viacom Inc-B to Potentially Rebound after Yesterday’s 2.96% Sell Off (mysmartrend.com)
Several research firms recently weighed in on VIA. Barrington Research reiterated an “outperform” rating on shares of Viacom in a research report on Friday, May 19th. Rosenblatt Securities reiterated a “neutral” rating and set a $45.00 target price on shares of Viacom in a research report on Friday, April 14th. Finally, UBS AG reiterated a “buy” rating and set a $45.00 target price (down from $50.00) on shares of Viacom in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $43.50.
Viacom (NASDAQ:VIA) traded up 4.98% during trading on Thursday, hitting $39.00. The stock had a trading volume of 369,527 shares. The firm’s 50 day moving average is $39.49 and its 200 day moving average is $42.38. The firm has a market cap of $15.68 billion, a price-to-earnings ratio of 10.73 and a beta of 1.46. Viacom has a 1-year low of $36.25 and a 1-year high of $49.23.
Viacom (NASDAQ:VIA) last issued its earnings results on Thursday, August 3rd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.12. Viacom had a return on equity of 30.89% and a net margin of 11.04%. The firm had revenue of $3.36 billion for the quarter. On average, analysts anticipate that Viacom will post $3.55 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.05%. Viacom’s dividend payout ratio (DPR) is currently 21.98%.
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Viacom Company Profile
Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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