(PARAA) Paramount Global - Ratings and Ratios

Paramount Global is a leading media, streaming, and entertainment conglomerate with a diversified portfolio spanning television, film, and digital content. The company operates through three primary segments: TV Media, Direct-to-Consumer, and Filmed Entertainment. The TV Media segment includes CBS Television Network, CBS Stations, and international networks such as Network 10, Channel 5, Telefe, and Chilevisión. It also encompasses premium and basic cable networks like Nickelodeon, MTV, Comedy Central, BET, and Paramount Network, as well as streaming platforms like Paramount+ with SHOWTIME. This segment further includes television studio operations, such as CBS Studios and Showtime/MTV Entertainment Studios, and digital properties like CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment offers streaming services, including Paramount+, Pluto TV, and BET+, catering to both free and paid subscribers globally. The Filmed Entertainment segment produces and distributes films, series, and short-form content through studios like Paramount Pictures, Nickelodeon Studios, and Miramax, releasing content across theaters, streaming platforms, and home entertainment formats. The company, rebranded from ViacomCBS in February 2022, has a rich history dating back to 1914 and is headquartered in New York. It is a subsidiary of National Amusements, Inc.

The company’s stock, PARAA, is listed on the NASDAQ exchange and operates in the Movies & Entertainment industry. With a market capitalization of $7,794.65 million, it is considered a large-cap company. The stock has shown moderate trading activity, with an average 20-day volume of 24,577 shares. Recent price movements indicate a short-term consolidation, with the 20-day and 50-day Simple Moving Averages (SMA) at 22.60 and 22.64, respectively, slightly above the 200-day SMA of 22.34. The Average True Range (ATR) of 0.46 reflects relatively low volatility. Fundamental metrics include a forward P/E ratio of 15.58, a P/B ratio of 0.92, and a P/S ratio of 0.27, suggesting undervaluation relative to book value and sales. However, the negative Return on Equity (RoE) of -36.92% raises concerns about profitability and shareholder value generation.

Over the next three months, technical indicators suggest a sideways to slightly bearish trend for PARAA. The stock is likely to face resistance at the 20-day SMA of 22.60 and support at the 200-day SMA of 22.34. Given the low ATR, price fluctuations are expected to remain muted, with potential downside limited by the support level. Fundamental factors, such as the company’s streaming growth and content investment, will be critical in determining medium-term performance. However, the negative RoE may weigh on investor sentiment, potentially leading to a modest decline in the stock price.