Here's Why Paramount Global-B (PARA) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Paramount Global: A Lot Of Uncertainties, But There's Value To Be Had
Paramount Global is undervalued with a price/book ratio of 0.43, despite its well-known brands and extensive film and TV library. PARA's current ratio of 1.3 indicates a good cash position and manageable debt, essential amid near-term GAAP losses. The Company's profitability declined in 2023 due to falling ad revenue and streaming losses, but estimates suggest a return to profitability with a P/E ratio of 6.91.
Paramount Global Is Going Without Nielsen Ratings (For Now)
On October 1, Paramount Global's contract with ratings provider Nielsen expired without a renewal agreement. As a result, Paramount Global networks including broadcast network CBS and such cable channels as Nickelodeon and Comedy Central will not have access to Nielsen ratings.
Disney and Paramount lay off hundreds of employees as legacy media giants struggle with pay-TV decline in 2024
It hasn't been a good week for the entertainment industry. Two of media's biggest names—the Walt Disney Company and Paramount Global—each announced layoffs this week.
Paramount Shares Fall 29% YTD: How Should Investors Play the Stock?
PARA shares have been suffering from lower top-line growth. However, a strong Paramount+ content portfolio shows promise for investors.
Paramount Resources: Playing The Natural Gas Recovery
Paramount Resources is decently profitable with natural gas prices at a cyclical bottom. The stock's current low price-earnings ratio signals a contrarian opportunity. Paramount Resources has a nearly debt-free balance sheet.
Paramount To Complete '90%' of Planned Staff Cuts Tuesday, Report Says
Paramount Global (PARA) is moving ahead with the second phase of the roughly 15% workforce reduction it announced last month.
Paramount Global bloodbath continues with ‘phase two' of planned 2K job cuts
The bloodbath at Paramount Global continued as the struggling media giant kicked off a second round of layoffs in its previously announced plans to cut 2,000 jobs.
Paramount Global begins second phase of layoffs in U.S., internal memo says
Paramount Global has begun the second phase of its planned layoffs in the United States as the media giant pushes toward increasing profitability, according to an internal memo seen by Reuters.
Paramount Initiates Next Round Of Layoffs In Ongoing Effort To Cut 15% Of U.S. Workforce
Paramount Global has initiated the next phase of its plan to lay off 15% of its U.S. workforce, saying the cuts will be 90% complete after further cutbacks today. George Cheeks, Chris McCarthy and Brian Robbins conveyed the news to staffers in a memo this morning. (Read it in full below.
Paramount Group: A Speculative Buy As Era Of Rate Cuts Begins (Rating Upgrade)
Paramount Group suspended its quarterly dividend for cash savings to better address its upcoming maturities. The REIT is trading for just 4x its free cash flow with a total debt of $3.6 billion, set to see its burden lessened by the Fed's rate cuts. Rate cuts will also enhance investor sentiment, with a recovery of the REIT's valuation from its 5-year low possible through the next year.
The Zacks Analyst Blog Sirius, Royal Caribbean Cruises, Norwegian Cruise Line, Paramount and Crocs
Sirius, Royal Caribbean Cruises, Norwegian Cruise Line, Paramount and Crocs are included in this Analyst Blog.
