Paramount Global Class Stock Buy Hold or Sell Recommendation
| PARAA Stock | USD 22.14 0.19 0.87% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Paramount Global Class is 'Strong Buy'. Macroaxis provides Paramount Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PARAA positions.
Check out Paramount Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Paramount and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Paramount Global Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Paramount |
Execute Paramount Global Buy or Sell Advice
The Paramount recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paramount Global Class. Macroaxis does not own or have any residual interests in Paramount Global Class or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Paramount Global Trading Alerts and Improvement Suggestions
| Paramount Global has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 29.65 B. Net Loss for the year was (1.25 B) with profit before overhead, payroll, taxes, and interest of 10.31 B. | |
| About 77.0% of the company outstanding shares are owned by corporate insiders | |
| On 1st of October 2024 Paramount Global paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from zacks.com: The Zacks Analyst Blog Highlights AppLovin, Duolingo, Paramount, Twilio and Catalent |
Paramount Global Returns Distribution Density
The distribution of Paramount Global's historical returns is an attempt to chart the uncertainty of Paramount Global's future price movements. The chart of the probability distribution of Paramount Global daily returns describes the distribution of returns around its average expected value. We use Paramount Global Class price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Global returns is essential to provide solid investment advice for Paramount Global.
| Mean Return | 0.13 | Value At Risk | -1.53 | Potential Upside | 2.56 | Standard Deviation | 1.53 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paramount Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paramount Stock Institutional Investors
| Shares | Gabelli Securities Inc | 2024-06-30 | 84 K | Millennium Management Llc | 2024-06-30 | 55.7 K | Ossiam | 2024-06-30 | 47.2 K | Squarepoint Ops Llc | 2024-06-30 | 46.7 K | State Street Corp | 2024-06-30 | 41.1 K | Bank Of America Corp | 2024-06-30 | 38.8 K | Strs Ohio | 2024-06-30 | 34.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 28.3 K | Ninety One Uk Limited | 2024-06-30 | 27.1 K | Gamco Investors, Inc. Et Al | 2024-06-30 | 2.9 M | Gabelli Funds Llc | 2024-06-30 | 1.8 M |
Paramount Global Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (142M) | 2.3B | 3.1B | (3.4B) | (425M) | (403.8M) | |
| Free Cash Flow | 877M | 2.0B | 599M | (139M) | 147M | 139.7M | |
| Depreciation | 443M | 430M | 390M | 405M | 418M | 528.3M | |
| Other Non Cash Items | 12.0B | 10.9B | 11.1B | 15.6B | 17.4B | 18.3B | |
| Capital Expenditures | 353M | 324M | 354M | 358M | 328M | 308.7M | |
| Net Income | 3.3B | 2.6B | 4.6B | 835M | (1.3B) | (1.2B) | |
| End Period Cash Flow | 834M | 3.1B | 6.3B | 2.9B | 2.5B | 2.6B | |
| Dividends Paid | 595M | 600M | 647M | 689M | 447M | 423.5M | |
| Change To Inventory | (14.2B) | (12.2B) | (16.6B) | (17.2B) | (15.5B) | (14.7B) | |
| Investments | (171M) | 50M | (193M) | (254M) | 942M | 989.1M | |
| Net Borrowings | (393M) | 768M | (2.2B) | (2.0B) | (1.8B) | (1.7B) | |
| Change To Netincome | (1.1B) | 414M | (1.8B) | 763M | 877.5M | 921.3M |
Paramount Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paramount Global or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paramount Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paramount stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 1.53 | |
Ir | Information ratio | 0.02 |
Paramount Global Volatility Alert
Paramount Global Class has relatively low volatility with skewness of -1.89 and kurtosis of 9.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paramount Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paramount Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Paramount Global Fundamentals Vs Peers
Comparing Paramount Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paramount Global's direct or indirect competition across all of the common fundamentals between Paramount Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Global to competition |
| Fundamentals | Paramount Global | Peer Average |
| Return On Equity | -0.29 | -0.31 |
| Return On Asset | 0.0317 | -0.14 |
| Profit Margin | (0.18) % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 20.91 B | 16.62 B |
| Shares Outstanding | 40.7 M | 571.82 M |
| Shares Owned By Insiders | 77.45 % | 10.09 % |
| Shares Owned By Institutions | 18.93 % | 39.21 % |
| Number Of Shares Shorted | 480.35 K | 4.71 M |
| Price To Earning | 4.97 X | 28.72 X |
| Price To Book | 0.89 X | 9.51 X |
| Price To Sales | 0.26 X | 11.42 X |
| Revenue | 29.65 B | 9.43 B |
| Gross Profit | 10.31 B | 27.38 B |
| EBITDA | 6 M | 3.9 B |
| Net Income | (1.25 B) | 570.98 M |
| Cash And Equivalents | 4.04 B | 2.7 B |
| Cash Per Share | 6.22 X | 5.01 X |
| Total Debt | 15.86 B | 5.32 B |
| Debt To Equity | 0.74 % | 48.70 % |
| Current Ratio | 1.47 X | 2.16 X |
| Book Value Per Share | 24.73 X | 1.93 K |
| Cash Flow From Operations | 475 M | 971.22 M |
| Short Ratio | 7.97 X | 4.00 X |
| Earnings Per Share | (8.74) X | 3.12 X |
| Price To Earnings To Growth | 0.51 X | 4.89 X |
| Target Price | 13.54 | |
| Number Of Employees | 21.9 K | 18.84 K |
| Beta | 1.77 | -0.15 |
| Market Capitalization | 7.48 B | 19.03 B |
| Total Asset | 53.54 B | 29.47 B |
| Retained Earnings | 13.83 B | 9.33 B |
| Working Capital | 3.05 B | 1.48 B |
Note: Acquisition by Klieger Robert N. of 9260 shares of Paramount Global subject to Rule 16b-3 [view details]
Paramount Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Paramount Global Buy or Sell Advice
When is the right time to buy or sell Paramount Global Class? Buying financial instruments such as Paramount Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Information and Resources on Investing in Paramount Stock
When determining whether Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock:Check out Paramount Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 79.876 | Dividend Share 0.2 | Earnings Share (8.74) | Revenue Per Share 44.583 | Quarterly Revenue Growth (0.10) |
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.