Viacom (VIAB) Earning Somewhat Positive News Coverage, Study Finds
Media headlines about Viacom (NASDAQ:VIAB) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Viacom earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.4791946718992 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Viacom, Inc. (VIAB) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Viacom, Inc. (VIAB) Expected to Announce Quarterly Sales of $3.14 Billion (americanbankingnews.com)
- Industry Group Rank Keep Viacom (VIAB) a Sell (investorplace.com)
- Active Mover – Viacom Inc (NASDAQ: VIAB) – Alpha Beta Stock (alphabetastock.com)
- Viacom, Inc. Needs to Merge with CBS Corporation in Order to Survive (investorplace.com)
Shares of Viacom (NASDAQ:VIAB) traded down $0.59 during mid-day trading on Friday, reaching $33.36. The company had a trading volume of 5,860,113 shares, compared to its average volume of 5,480,000. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.30 and a current ratio of 1.55. The firm has a market capitalization of $13,470.00, a price-to-earnings ratio of 7.16, a price-to-earnings-growth ratio of 1.18 and a beta of 1.60. Viacom has a 1 year low of $22.13 and a 1 year high of $46.72.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 15th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.40%. Viacom’s payout ratio is 17.17%.
VIAB has been the subject of several recent analyst reports. Citigroup lowered Viacom from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $33.00 to $24.00 in a research note on Monday, October 9th. Morgan Stanley dropped their price objective on Viacom from $42.00 to $38.00 and set an “overweight” rating for the company in a research note on Friday, October 13th. BMO Capital Markets reiterated a “hold” rating and set a $30.00 price objective on shares of Viacom in a research note on Wednesday, October 18th. Deutsche Bank dropped their price objective on Viacom to $25.00 and set a “sell” rating for the company in a research note on Monday, October 23rd. Finally, Barclays set a $32.00 price objective on Viacom and gave the stock a “hold” rating in a research note on Friday, October 20th. Seven research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have issued a buy rating to the stock. Viacom has a consensus rating of “Hold” and a consensus target price of $35.04.
Viacom Company Profile
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. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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