ViacomCBS Inc. [NASDAQ: VIAC] closed the trading session at $40.29 on 08/09/21. The day’s price range saw the stock hit a low of $40.18, while the highest price level was $41.35. The company report on August 9, 2021 that 2020 In Focus: ViacomCBS Social Impact Review.
By Bob Bakish | President and CEO, ViacomCBS.
Northampton, MA –News Direct– ViacomCBS.
The stocks have a year to date performance of 8.13 percent and weekly performance of -1.35 percent. The stock has been moved at -26.07 percent over the last six months. The stock has performed -5.80 percent around the most recent 30 days and changed 2.60 percent over the most recent 3-months.
If compared to the average trading volume of 16.32M shares, VIAC reached to a volume of 12297129 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about ViacomCBS Inc. [VIAC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VIAC shares is $50.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VIAC stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for ViacomCBS Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 06, 2021. While these analysts kept the previous recommendation, BofA Securities raised their target price to Buy. The new note on the price target was released on July 08, 2021, representing the official price target for ViacomCBS Inc. stock. Previously, the target price had yet another raise from $38 to $53, while BofA Securities kept a Buy rating on VIAC stock.
The Average True Range (ATR) for ViacomCBS Inc. is set at 1.47, with the Price to Sales ratio for VIAC stock in the period of the last 12 months amounting to 1.01. The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 8.25. Price to Free Cash Flow for VIAC in the course of the last twelve months was 13.10 with Quick ratio for the last quarter at 1.60.
VIAC stock trade performance evaluation
ViacomCBS Inc. [VIAC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.35. With this latest performance, VIAC shares dropped by -5.80% in over the last four-week period, additionally sinking by -26.07% over the last 6 months – not to mention a rise of 53.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VIAC stock in for the last two-week period is set at 45.61, with the RSI for the last a single of trading hit 45.36, and the three-weeks RSI is set at 45.83 for ViacomCBS Inc. [VIAC]. The present Moving Average for the last 50 days of trading for this stock 41.88, while it was recorded at 40.12 for the last single week of trading, and 45.40 for the last 200 days.
ViacomCBS Inc. [VIAC]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and ViacomCBS Inc. [VIAC] shares currently have an operating margin of +18.11 and a Gross Margin at +39.15. ViacomCBS Inc.’s Net Margin is presently recorded at +9.12.
Return on Total Capital for VIAC is now 12.66, given the latest momentum, and Return on Invested Capital for the company is 6.61. Return on Equity for this stock inclined to 16.13, with Return on Assets sitting at 4.51. When it comes to the capital structure of this company, ViacomCBS Inc. [VIAC] has a Total Debt to Total Equity ratio set at 140.67. Additionally, VIAC Total Debt to Total Capital is recorded at 58.45, with Total Debt to Total Assets ending up at 41.06. Long-Term Debt to Equity for the company is recorded at 138.57, with the Long-Term Debt to Total Capital now at 57.58.
Reflecting on the efficiency of the workforce at the company, ViacomCBS Inc. [VIAC] managed to generate an average of $104,256 per employee. Receivables Turnover for the company is 3.56 with a Total Asset Turnover recorded at a value of 0.49.ViacomCBS Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.80.
Earnings per share (EPS) analysis for ViacomCBS Inc. [VIAC] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VIAC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ViacomCBS Inc. go to -3.32%.
ViacomCBS Inc. [VIAC]: Insider Ownership positions
There are presently around $20,703 million, or 85.90% of VIAC stock, in the hands of institutional investors. The top three institutional holders of VIAC stocks are: VANGUARD GROUP INC with ownership of 60,446,433, which is approximately 1.991% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 41,025,003 shares of the stock with an approximate value of $1.65 billion in VIAC stocks shares; and STATE STREET CORP, currently with $1.23 billion in VIAC stock with ownership of nearly -7.425% of the company’s market capitalization.
Positions in ViacomCBS Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 610 institutional holders increased their position in ViacomCBS Inc. [NASDAQ:VIAC] by around 163,727,872 shares. Additionally, 418 investors decreased positions by around 153,050,012 shares, while 106 investors held positions by with 197,077,330 shares. The mentioned changes placed institutional holdings at 513,855,214 shares, according to the latest SEC report filing. VIAC stock had 276 new institutional investments in for a total of 54,331,321 shares, while 132 institutional investors sold positions of 17,424,597 shares during the same period.