Press coverage about Viacom (NASDAQ:VIA) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Viacom earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.2182064994728 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Viacom Gets Ex-Exec’s Gender Bias, Defamation Suit Trimmed (law360.com)
- [$$] Class Actions Raise Awareness of ‘Persistent Identifier’ Risk (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Viacom Inc. (finance.yahoo.com)
- Viacom Inc. (VIAB) Shares Bought by Ingalls & Snyder LLC (expressnewsline.com)
- Norges Bank Adjusts Its Holdings in Viacom Inc. – Class B (VIAB) (joshnaijablog.com)
Shares of Viacom (NASDAQ VIA) traded up 6.03% on Friday, hitting $41.35. The stock had a trading volume of 172,635 shares. Viacom has a one year low of $36.25 and a one year high of $49.23. The company’s 50 day moving average is $39.56 and its 200 day moving average is $42.36. The stock has a market cap of $16.63 billion, a PE ratio of 11.38 and a beta of 1.46.
Viacom (NASDAQ:VIA) last released its quarterly earnings data on Thursday, August 3rd. The company reported $1.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.12. The firm had revenue of $3.36 billion for the quarter. Viacom had a net margin of 11.04% and a return on equity of 30.89%. Equities research analysts predict that Viacom will post $3.55 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.80 annualized dividend and a yield of 1.93%. Viacom’s dividend payout ratio is presently 21.98%.
Several equities research analysts have recently weighed in on the company. Barrington Research reiterated an “outperform” rating on shares of Viacom in a report on Friday, May 19th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $45.00 target price on shares of Viacom in a research report on Friday, April 14th. Finally, UBS AG reaffirmed a “buy” rating and set a $45.00 target price (down previously from $50.00) on shares of Viacom in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $43.50.
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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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