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 price target was 57.5, implying a possible profit of 61.25 percent. The most pessimistic price target was 29, implying potential capital losses of -18.68 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.48 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.5 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.13 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.13 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. 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.
Analysts estimate earnings of VIAB to grow at a rate of 27.66 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. VIAB has a PEG ratio of 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 below the high by 23.67 percent. VIAB has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.