Earnings Analysis Of Viacom, Inc. (VIAB)

AM ET Tax Gains Lift Viacom Net Despite Lower Revenue Cable network domestic ad revenue down 5

AM ET Tax Gains Lift Viacom Net Despite Lower Revenue Cable network domestic ad revenue down 5

The company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.09. The stock is above its 52-week low with 41.21% and is in the wake of its 52-week high with -33.11%. The stock decreased 3.35% or $1.08 during the last trading session, reaching $31.14. About 11.03M shares traded or 133.81% up from the average. Viacom, Inc. (NASDAQ:VIAB) for the trailing twelve months paying dividend with the payout ratio of 17.16% to its shareholders. Oldfield Partners LLP now owns 6,722,920 shares of the company's stock worth $207,134,000 after acquiring an additional 1,368,700 shares in the last quarter. The company's shares were given away at $43.63 per share worth to an income of some $174,520 on account of Lea Dede. The company's revenue was down 7.6% compared to the same quarter previous year. Last trading transaction put the stock price at $31.14. Lastly, more shares traded means less of a spread in between the bid and the ask, which can effect your bottom line. Visa Inc. (NYSE:V) has risen 20.29% since February 8, 2017 and is uptrending.

Among 42 analysts covering Visa Inc. Deutsche Bank has "Hold" rating and $25.0 target. Therefore 41% are positive. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. FBR Capital has "Outperform" rating and $65 target. ValuEngine downgraded Viacom from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. That's right - they think these 10 stocks are even better buys. The firm has "Market Perform" rating by Cowen & Co given on Friday, January 20. MAHON TULLIER KELLY sold $5.65 million worth of Visa Inc. The correct version of this piece of content can be read at https://registrarjournal.com/2018/02/08/viacom-inc-viab-shares-bought-by-capital-management-associates-ny.html. 142 funds opened positions while 524 raised stakes. The company reported EPS (ttm) of 4.66. Spectrum Asset Mngmt Incorporated (Nb Ca) holds 0.86% or 9,510 shares in its portfolio. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Reilly Advsrs Ltd Co invested in 19,681 shares. The insider now directly owns 14,109 shares worth $439,354. The adjusted diluted earnings per share of 1.03 cents was down from a year-earlier $1.00.

Efficiency or profitability analysis gives an appropriate idea for investment decision; Viacom, Inc. The company had revenue of $3.07 billion during the quarter, compared to analysts' expectations of $3.14 billion.

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. Meanwhile the stock weekly performance was subdued at -5.13%, which was upheld for the month at 7.39%. Barclays Capital has "Overweight" rating and $56 target. Morgan Stanley dropped their price objective on Viacom from $42.00 to $38.00 and set an "overweight" rating for the company in a report on Friday, October 13th. The firm has "Neutral" rating by MoffetNathanson given on Monday, April 4.

Shares of Viacom, Inc. BMO Capital Markets maintained Viacom, Inc. (NASDAQ:VIAB) rating on Monday, June 26. The company was maintained on Thursday, September 28 by RBC Capital Markets.

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