Separately, Evercore ISI started coverage on shares of ViacomCBS in a research note on Monday. They set an “outperform” rating on the stock.
ViacomCBS stock opened at $37.78 on Friday. The firm has a market cap of $13.97 billion, a P/E ratio of 7.28, a price-to-earnings-growth ratio of 0.67 and a beta of 1.21. The company has a current ratio of 1.52, a quick ratio of 1.05 and a debt-to-equity ratio of 2.04. ViacomCBS has a 52-week low of $35.02 and a 52-week high of $53.71.
ViacomCBS (NASDAQ:VIAC) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.91 by $0.04. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.37 billion. ViacomCBS had a net margin of 18.98% and a return on equity of 44.13%. On average, equities research analysts predict that ViacomCBS will post 4.96 earnings per share for the current fiscal year.
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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