Viacom, Inc. (NASDAQ:VIAB) – Research analysts at Barrington Research lifted their Q2 2018 earnings per share estimates for shares of Viacom in a report issued on Monday. Barrington Research analyst J. Goss now forecasts that the company will earn $0.81 per share for the quarter, up from their previous estimate of $0.78. Barrington Research currently has a “Market Perform” rating on the stock. Barrington Research also issued estimates for Viacom’s Q3 2018 earnings at $1.16 EPS, Q4 2018 earnings at $1.01 EPS, Q1 2019 earnings at $1.07 EPS, Q2 2019 earnings at $0.88 EPS, Q4 2019 earnings at $1.15 EPS and FY2019 earnings at $4.35 EPS.

A number of other brokerages have also recently issued reports on VIAB. Loop Capital dropped their price objective on Viacom from $32.00 to $27.00 and set a “hold” rating on the stock in a report on Friday, November 17th. KeyCorp reissued a “hold” rating on shares of Viacom in a report on Friday, November 24th. Pivotal Research reaffirmed a “hold” rating and issued a $25.00 price target on shares of Viacom in a report on Thursday, November 16th. Credit Suisse Group set a $38.00 price target on Viacom and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, Royal Bank of Canada raised Viacom from an “underperform” rating to a “sector perform” rating and set a $35.00 price target on the stock in a report on Friday. Seven equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $35.35.

Shares of Viacom (NASDAQ VIAB) opened at $32.88 on Tuesday. The stock has a market capitalization of $13,222.19, a PE ratio of 8.74, a P/E/G ratio of 1.13 and a beta of 1.54. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.14 and a current ratio of 1.41. Viacom has a 1-year low of $22.13 and a 1-year high of $46.72.

Viacom (NASDAQ:VIAB) last issued its quarterly earnings data on Thursday, February 8th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Viacom had a return on equity of 26.28% and a net margin of 15.49%. The firm’s quarterly revenue was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.04 EPS.

Several hedge funds and other institutional investors have recently made changes to their positions in VIAB. Thrivent Financial For Lutherans raised its holdings in shares of Viacom by 3.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 13,422 shares of the company’s stock valued at $450,000 after buying an additional 450 shares in the last quarter. Macquarie Group Ltd. raised its holdings in shares of Viacom by 172.1% during the 2nd quarter. Macquarie Group Ltd. now owns 36,681 shares of the company’s stock valued at $1,231,000 after buying an additional 23,200 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Viacom by 391.8% during the 2nd quarter. Janus Henderson Group PLC now owns 201,571 shares of the company’s stock valued at $6,767,000 after buying an additional 160,584 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Viacom by 7.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 681,199 shares of the company’s stock valued at $22,868,000 after buying an additional 45,628 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Viacom by 36.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 33,302 shares of the company’s stock valued at $1,118,000 after buying an additional 8,932 shares in the last quarter. 78.69% of the stock is currently owned by institutional investors.

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About Viacom

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.

Earnings History and Estimates for Viacom (NASDAQ:VIAB)

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