Q1 2020 EPS Estimates for ViacomCBS Inc. Reduced by Analyst (NASDAQ:VIAC)

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ViacomCBS Inc. (NASDAQ:VIAC) – Equities research analysts at Imperial Capital reduced their Q1 2020 EPS estimates for ViacomCBS in a research note issued to investors on Tuesday, February 11th. Imperial Capital analyst D. Miller now forecasts that the company will post earnings of $1.39 per share for the quarter, down from their prior estimate of $1.40. Imperial Capital has a “Outperform” rating and a $59.00 price target on the stock.

ViacomCBS (NASDAQ:VIAC) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. ViacomCBS had a net margin of 18.98% and a return on equity of 44.13%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.37 billion.

Other equities analysts have also issued reports about the stock. Macquarie initiated coverage on shares of ViacomCBS in a report on Monday, December 16th. They issued a “buy” rating for the company. BMO Capital Markets initiated coverage on shares of ViacomCBS in a report on Tuesday, January 7th. They issued a “market perform” rating and a $41.00 price objective for the company. Morgan Stanley initiated coverage on shares of ViacomCBS in a report on Friday, January 24th. They issued an “equal weight” rating and a $42.00 price objective for the company. Moffett Nathanson initiated coverage on shares of ViacomCBS in a report on Wednesday, January 15th. They issued a “neutral” rating and a $45.00 price objective for the company. Finally, Evercore ISI initiated coverage on shares of ViacomCBS in a report on Monday, December 9th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $46.83.

Shares of NASDAQ VIAC opened at $34.98 on Thursday. ViacomCBS has a twelve month low of $32.60 and a twelve month high of $53.71. The stock has a market cap of $13.30 billion, a price-to-earnings ratio of 4.53, a P/E/G ratio of 0.48 and a beta of 1.27. The stock has a 50 day moving average price of $38.18. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.05 and a current ratio of 1.52.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.96 dividend on an annualized basis and a yield of 2.74%. ViacomCBS’s dividend payout ratio is presently 18.50%.

ViacomCBS Company Profile

ViacomCBS Inc operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services.

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Earnings History and Estimates for ViacomCBS (NASDAQ:VIAC)

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