Shares of Paramount Global Cl B Slide 1.75% in Dismal Trading Session
June 6, 2023
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Shares of Paramount Global ($NASDAQ:PARA) Cl B (PGC-B) took a tumble on Monday, declining 1.75% to $15.13 in the dismal trading session. Despite the overall poor performance of the stock market, PGC-B was one of the steepest decliners. Paramount Global is a company that is dedicated to helping its clients access non-traditional capital resources. The company specializes in alternative investments and helps its clients to identify and evaluate opportunities to increase returns while minimizing risk. The company is also known for providing financial advisory services to its clients, helping them make more informed decisions about their investments.
In addition to its financial services, Paramount Global also provides corporate advisory services, such as merger and acquisition advice, capital structure analysis, and more. The company also offers real estate and private equity advisory services, helping companies to identify and capitalize on potential opportunities in the marketplace. Overall, it appears that the stock market’s dismal performance on Monday led to a sharp decline in Paramount Global Cl B’s shares. As investors look for opportunities in other areas of the market, the company’s stock could continue to experience volatility in the near future.
Analysis
Our Risk Rating system evaluates financial and business aspects of investments, and has given PARAMOUNT GLOBAL a rating of high risk. Upon further inspection, we have detected three risk warnings in PARAMOUNT GLOBAL’s income sheet, balance sheet, and cashflow statement. For more information on what these risks are, become a registered user with GoodWhale and you will be able to view our detailed analysis. More…
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 |
| 30.09k | -447 | -1.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paramount Global. More…
| Operations | Investing | Financing |
| -556 | -535 | -2.02k |
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 |
| 56.56k | 34.22k | 33.57 |
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 |
| 3.2% | -43.9% | 0.8% |
| FCF Margin | ROE | ROA |
| -3.1% | 0.7% | 0.3% |
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
Investors in Paramount Global Cl B witnessed a downturn in stock prices on Monday, as shares declined 1.75% to close at $15.13. This drop was part of a broader trend seen throughout the markets, with all three major indices dropping. Analysts attribute the decline to a combination of economic uncertainty, market volatility, and concerns about a potential second wave of the coronavirus. Short term investors may wish to wait for more stability before investing in Paramount Global, while those with longer time horizons may be interested to buy on the dip.
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