Trading Report: Today: Recent Analysts’ Ratings Changes for Viacom (VIAB)

Today: Recent Analysts’ Ratings Changes for Viacom (VIAB)

Viacom (NASDAQ: VIAB) has recently received a number of price target changes and ratings updates:

Shares of Viacom Inc. (NASDAQ:VIAB) traded down 2.26% during trading on Monday, hitting $36.79. 2,221,336 shares of the stock traded hands. Viacom Inc. has a 1-year low of $30.11 and a 1-year high of $52.16. The stock has a 50-day moving average of $37.15 and a 200 day moving average of $40.43.

Viacom (NASDAQ:VIAB) last posted its quarterly earnings results on Wednesday, November 9th. The company reported $0.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.65 by $0.04. The company earned $3.23 billion during the quarter, compared to analyst estimates of $3.31 billion. Viacom had a net margin of 11.52% and a return on equity of 36.21%. The firm’s revenue for the quarter was down 14.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.54 earnings per share. Analysts anticipate that Viacom Inc. will post $3.80 earnings per share for the current fiscal year.

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