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.
Investment analysts gave a few price targets for VIAB. The most optimistic analyst gave a price target of 57.5, implying potential capital gains of 61.25 percent. The lowest price target was 29, implying a possible loss 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.48 percent. The average change in earnings estimates over the last 90 days is -4.5 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.13 percent, compared to last month. 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. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. 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.
VIAB has an estimated earnings growth rate of 27.66 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, 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. The current market price is above the trailing year's low by 9.12 percent, and below the high by 23.67 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.