Wedbush analyst J. Dix forecasts that the company will post earnings per share of $1.11 for the quarter. Meyer Handelman Co.’s holdings in Viacom were worth $2,547,000 as of its most recent filing with the SEC.
Several equities analysts have recently commented on the stock. First Personal Financial Services boosted its position in Viacom by 998.2% in the first quarter. Fifth Third Bancorp now owns 2,616 shares of the company’s stock worth $122,000 after buying an additional 225 shares during the last quarter. Finally, APG Asset Management N.V. raised its position in shares of Viacom by 89.5% in the third quarter. Nationwide Fund Advisors now owns 236,668 shares of the company’s stock valued at $9,017,000 after buying an additional 6,693 shares during the period. Renaissance Technologies LLC increased its stake in shares of Viacom by 2,489.2% in the fourth quarter. Renaissance Technologies LLC now owns 1,147,000 shares of the company’s stock valued at $40,260,000 after buying an additional 1,102,700 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Viacom by 0.6% in the first quarter. Capital World Investors now owns 24,658,133 shares of the company’s stock worth $939,475,000 after buying an additional 7,928,690 shares during the last quarter. Wellington Management Group LLP now owns 20,233,146 shares of the company’s stock worth $943,269,000 after buying an additional 19,603,597 shares during the last quarter.
Currently Viacom Inc Cl B (NASDAQ:VIAB)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 87.5%.
Viacom, Inc. (NASDAQ:VIAB) has declined -3.69% since January and is down -3.72% for the past week.
Viacom Inc. has a 50 day moving average of 41.21 and a 200 day moving average of 40.19. Viacom, Inc. has a 52 week low of $33.44 and a 52 week high of $46.72. The company has a market cap of $13.49 billion, a price-to-earnings ratio of 11.10 and a beta of 1.33.
Viacom (NASDAQ:VIAB) last announced its earnings results on Thursday, May 4th. The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion.
For a total return analysis, there is the 12.40% return on equity and the 27.40% return on assets to consider. The company had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.03 billion.
Morgan Stanley (NYSE:MS) have shown a high EPS growth of 18.10% in the last 5 years and has earnings growth of 83.00% yoy. The business’s revenue for the quarter was up 8.5% compared to the same quarter a year ago.
Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content.
02/10/2017 – Viacom Inc. had its “hold” rating reiterated by analysts at Needham & Company. “(VIAB)” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. The legal version of this piece of content can be read at https://www.com-unik.info/2017/05/19/rosenblatt-securities-reaffirms-neutral-rating-for-viacom-inc-via-updated-updated-updated.html.
VIAB has been the subject of several research reports. Barrington Research also issued estimates for Viacom’s Q4 2017 earnings at $0.98 EPS, FY2017 earnings at $3.85 EPS and Q3 2018 earnings at $1.15 EPS. Wells Fargo & Co raised Viacom from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $39.00 to $49.00 in a research report on Thursday, February 9th. They presently have a $45.00 price target on the stock. Royal Bank of Canada set a $35.00 price target on Viacom and gave the company a “sell” rating in a report on Friday, February 3rd. FBR & Co boosted their price target on Viacom from $45.00 to $48.00 and gave the stock a “mkt perform” rating in a report on Monday, April 10th. A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range. They now have a United States dollars 32 price target on the stock.