Somewhat Positive Press Coverage Unlikely to Impact Viacom (VIA) Share Price

News stories about Viacom (NASDAQ:VIA) have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Viacom earned a coverage optimism score of 2.00 on their scale. InfoTrie also gave media stories about the company an news buzz score of 3 out of 10, meaning that recent media coverage is unlikely to have an effect on the company’s share price in the immediate future.

These are some of the media headlines that may have effected Viacom’s ranking:

Shares of VIA traded down $0.36 during trading hours on Thursday, reaching $35.12. The company had a trading volume of 23,614 shares, compared to its average volume of 39,586. The company has a quick ratio of 1.41, a current ratio of 1.69 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $14.38 billion, a PE ratio of 9.15 and a beta of 1.18. Viacom has a 12-month low of $28.75 and a 12-month high of $40.64.

Viacom (NASDAQ:VIA) last announced its quarterly earnings results on Thursday, August 9th. The company reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.11. The business had revenue of $3.24 billion during the quarter. Viacom had a net margin of 15.65% and a return on equity of 23.53%.

A number of brokerages have recently issued reports on VIA. B. Riley upgraded shares of Viacom from a “neutral” rating to a “buy” rating in a report on Wednesday, September 26th. TheStreet upgraded shares of Viacom from a “c+” rating to a “b-” rating in a report on Friday, October 19th.

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Viacom Company Profile

Viacom, Inc operates media brands that create entertainment content worldwide. The company creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences. It operates through two segments, Media Networks and Filmed Entertainment.

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