Paramount Global (PARA) Stock Analysis

13.25

1.61%Today

Market Cap

9.35B

Volume

27.69M

52W High

13.59

52W Low

9.95

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Company Overview

Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks. In addition, the company develops, produces, finances, acquires, and distributes films. Paramount Global was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York. Paramount Global operates as a subsidiary of National Amusements, Inc.

Contact Information

Website: https://www.paramount.com
Address: 1515 Broadway
Country: US

Investment Analysis & Insights

Key Investment Highlights

Market Position: Communication Services leader with 9.35B market capitalization
Trading Volume: 27.69M shares traded today
Price Range: 52-week range of $9.95 - $13.59
Exchange: Listed on NASDAQ Global Select

Financial Metrics

P/E Ratio:-1.60

EPS:$-8.26

Beta:1.21

Avg Volume:8.32M

Market Analysis for Paramount Global

Paramount Global (PARA) operates in the Entertainment industry within the Communication Services sector. With a current market capitalization of 9.35B, the company represents a significant player in its market. The stock is currently trading at $13.25 with a positivedaily change of 1.61%.

The company's 18600 employee base and presence on the NASDAQ Global Selectexchange position it as a Communication Services sector leader. Investors should consider the stock's P/E ratio of -1.60, beta of 1.21, and 52-week price range from $9.95 to $13.59when evaluating investment opportunities.