Analyst Ratings for Viacom Inc. Cl B (VIAB)Updated: 2017-07-29
Analysts covering Viacom Inc. Cl B (NASDAQ:VIAB) have given it a consensus rating of Overweight. About 30 days ago, VIAB was issued an average rating of Overweight.
13 analysts declared VIAB a buy, 0 issued an overweight rating, 19 gave a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
VIAB was given price targets by several analysts. The most optimistic analyst gave a price target of 57.5, implying a possible profit of 61.25 percent. The lowest price target was 29, which equates to a potential downside of -18.68 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.48 percent on average, compared to last month. That number becomes -4.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.13 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.13 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of VIAB's earnings is estimated by analysts to be 27.66 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of VIAB is 0.43.
VIAB has traded between a high of 46.72 and a low of 32.68 over the past year. Currently the stock is 9.12 percent higher than its low, and 23.67 percent below the high. VIAB has a price/earnings ratio of 11.77. Investors typically compare the P/E ratio to a company's peers in the industry. The VIAB value stock report compares VIAB to some of its peers using value stock charts. The stock has a market capitalization of $14.54 billion. VIAB's next earnings release will be on 0000-00-00, which is days away.