Paramount Global Intrinsic Stock Value – PARAMOUNT GLOBAL Shares Bounce Back After Two-Day Dip
December 15, 2023
☀️Trending News
Shares of Paramount Global ($NASDAQ:PARA) Cl B have made a strong comeback after experiencing a two-day downturn. The company, which is based in New York City, is a holding company that owns and operates subsidiaries in the entertainment, real estate, and technology industries. Investors had been concerned about the company’s performance over the past few months, resulting in the two-day dip in the stock.
However, that concern quickly dissipated as news of the company’s success in recent projects began to circulate, resulting in a strong rebound of the share price. Analysts expect the company to continue to experience growth in the coming months and years, making it an attractive option for investors.
Stock Price
PARAMOUNT GLOBAL experienced a two-day dip in its share prices, but on Thursday the stock bounced back with a 6.2% increase from the earlier closing price of 15.7. The stock’s uptrend is a reflection of investor confidence in the company’s performance. Investors are optimistic that the company’s long-term strategies will prove to be successful. With the latest rise in the stock, PARAMOUNT GLOBAL has regained its momentum and is heading towards a steady growth trajectory. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Paramount Global. More…
| Total Revenues | Net Income | Net Margin |
| 30.14k | -1.1k | -4.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paramount Global. More…
| Operations | Investing | Financing |
| -76 | -487 | -1.04k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Paramount Global. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 54.64k | 32.26k | 33.56 |
Key Ratios Snapshot
Some of the financial key ratios for Paramount Global are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | -14.6% | -1.8% |
| FCF Margin | ROE | ROA |
| -1.4% | -1.6% | -0.6% |
Analysis – Paramount Global Intrinsic Stock Value
At GoodWhale, we conducted an analysis of PARAMOUNT GLOBAL‘s wellbeing and are pleased to present our findings. According to our proprietary Valuation Line, the intrinsic value of a PARAMOUNT GLOBAL share is approximately $11.1. However, currently, PARAMOUNT GLOBAL stock is traded at $16.7, representing a 49.9% overvaluation. More…
Peers
Paramount Global is one of the leading entertainment companies in the world. It has a strong presence in the film and television industry and competes with the likes of The Walt Disney Co, Lions Gate Entertainment Corp, and Netflix Inc. The company has a diversified portfolio of businesses that includes film production and distribution, television programming and syndication, home entertainment, theme parks, and consumer products.
– The Walt Disney Co ($NYSE:DIS)
Walt Disney Co is a publicly traded company with a market cap of 186.02B as of 2022. The company has a return on equity of 4.53%. Walt Disney Co is a diversified entertainment company that operates in four business segments: media networks, parks and resorts, studio entertainment, and consumer products. The company was founded in 1923 and is headquartered in Burbank, California.
– Lions Gate Entertainment Corp ($NYSE:LGF.B)
Lions Gate Entertainment Corp is a Canadian entertainment company with a market cap of 1.71B as of 2022. The company has a Return on Equity of -1.61%. Lions Gate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, new channel platforms and international distribution and sales. The company’s motion picture business includes the production, financing and distribution of motion pictures through its Lionsgate and Summit Entertainment labels, as well as through its Pantelion Films joint venture with Televisa. Lionsgate’s television business includes the production, financing and distribution of television series, telefilms and other programming through its Lionsgate Television, Lionsgate UK and Debmar-Mercury subsidiaries.
– Netflix Inc ($NASDAQ:NFLX)
Netflix, Inc. is an American publicly traded streaming entertainment company founded in 1997 by Reed Hastings and Marc Randolph. The company’s primary business is a subscription-based streaming service offering online streaming from a library of films and television series, including those produced in-house.
Summary
Paramount Global, a publicly traded company, has seen a strong recovery in its Class B stock price after a two-day slump. On the day of the recovery, the stock rose sharply, indicating positive investor sentiment. Analysts attribute this to the company’s ability to weather the storm brought on by the turbulent market conditions. Investors believe that the company’s strong fundamentals and well-executed strategies will continue to provide returns in the long-term.
The company has also been actively engaged in cost-cutting measures to enhance profitability and shareholder value. With solid financials and a resilient business model, many analysts are bullish on Paramount Global’s prospects for the future.
