Several analysts have recently updated their ratings and price targets for Viacom (NASDAQ: VIAB):
Viacom Inc. (NASDAQ:VIAB) opened at 37.74 on Thursday. Viacom Inc. has a 1-year low of $30.11 and a 1-year high of $53.35. The firm’s 50-day moving average is $38.83 and its 200-day moving average is $41.25. The stock has a market cap of $14.97 billion, a P/E ratio of 7.26 and a beta of 1.33.
Viacom (NASDAQ:VIAB) last announced its quarterly earnings results on Thursday, August 4th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The company earned $3.11 billion during the quarter, compared to analysts’ expectations of $3.01 billion. Viacom had a return on equity of 46.74% and a net margin of 15.85%. Viacom’s revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.47 EPS. On average, analysts forecast that Viacom Inc. will post $3.64 EPS for the current year.