Paramount Global Class Stock Buy Hold or Sell Recommendation
| PARA Stock | USD 13.29 0.40 3.10% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Paramount Global Class is 'Cautious Hold'. Macroaxis provides Paramount Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PARA positions. The advice algorithm takes into account all of Paramount Global's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Paramount Global's buy or sell advice are summarized below:
Real Value 13.48 | Target Price 16.35 | Hype Value 13.17 | Market Value 13.29 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Paramount Global Class given historical horizon and risk tolerance towards Paramount Global. When Macroaxis issues a 'buy' or 'sell' recommendation for Paramount Global Class, the advice is generated through an automated system that utilizes algorithms and statistical models.
Paramount |
Execute Paramount Global Buy or Sell Advice
The Paramount recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paramount Global Class. Macroaxis does not own or have any residual interests in Paramount Global Class or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Paramount Global Trading Alerts and Improvement Suggestions
| Paramount Global had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 29.65 B. Net Loss for the year was (1.25 B) with profit before overhead, payroll, taxes, and interest of 10.31 B. | |
| About 68.0% of the company shares are owned by institutional investors | |
| On 1st of April 2024 Paramount Global paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound Whats Driving Markets Monday |
Paramount Global Returns Distribution Density
The distribution of Paramount Global's historical returns is an attempt to chart the uncertainty of Paramount Global's future price movements. The chart of the probability distribution of Paramount Global daily returns describes the distribution of returns around its average expected value. We use Paramount Global Class price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Global returns is essential to provide solid investment advice for Paramount Global.
| Mean Return | -0.03 | Value At Risk | -7.02 | Potential Upside | 11.80 | Standard Deviation | 4.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paramount Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paramount Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Paramount Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paramount Global Class backward and forwards among themselves. Paramount Global's institutional investor refers to the entity that pools money to purchase Paramount Global's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-12-31 | 8.4 M | Millennium Management Llc | 2023-12-31 | 7.6 M | Susquehanna International Group, Llp | 2023-12-31 | 6.8 M | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 6.6 M | Consolidated Press International Holdings Ltd | 2023-12-31 | 6.3 M | Kodai Capital Management Lp | 2023-12-31 | 5.7 M | Northern Trust Corp | 2023-12-31 | 5.4 M | Two Sigma Investments Llc | 2023-12-31 | 4.9 M | Marshall Wace Asset Management Ltd | 2023-12-31 | 4.9 M | Berkshire Hathaway Inc | 2023-12-31 | 63.3 M | Vanguard Group Inc | 2023-12-31 | 58.3 M |
Paramount Global Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (142M) | 2.3B | 3.1B | (3.4B) | (425M) | (403.8M) | |
| Free Cash Flow | 877M | 2.0B | 599M | (139M) | 147M | 139.7M | |
| Depreciation | 443M | 430M | 390M | 405M | 418M | 528.3M | |
| Other Non Cash Items | 12.0B | 10.9B | 11.1B | 15.6B | 17.4B | 18.3B | |
| Capital Expenditures | 353M | 324M | 354M | 358M | 328M | 308.7M | |
| Net Income | 3.3B | 2.6B | 4.6B | 835M | (1.3B) | (1.2B) | |
| End Period Cash Flow | 834M | 3.1B | 6.3B | 2.9B | 2.5B | 2.6B | |
| Dividends Paid | 595M | 600M | 647M | 689M | 447M | 411.7M | |
| Change To Inventory | (14.2B) | (12.2B) | (16.6B) | (17.2B) | (15.5B) | (14.7B) | |
| Investments | (171M) | (59M) | (193M) | (254M) | 942M | 989.1M | |
| Change Receivables | (256M) | (68M) | 179M | (180M) | (207M) | (217.4M) | |
| Net Borrowings | (393M) | 768M | (2.2B) | (2.0B) | (1.8B) | (1.7B) | |
| Change To Netincome | (918M) | 429M | 577M | 763M | 686.7M | 370.0M |
Paramount Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paramount Global or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paramount Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paramount stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.2 | |
β | Beta against NYSE Composite | 2.40 | |
σ | Overall volatility | 4.82 | |
Ir | Information ratio | -0.02 |
Paramount Global Volatility Alert
Paramount Global Class exhibits very low volatility with skewness of 1.09 and kurtosis of 1.92. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paramount Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paramount Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Paramount Global Implied Volatility
Paramount Global's implied volatility exposes the market's sentiment of Paramount Global Class stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Paramount Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Paramount Global stock will not fluctuate a lot when Paramount Global's options are near their expiration.
Paramount Global Fundamentals Vs Peers
Comparing Paramount Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paramount Global's direct or indirect competition across all of the common fundamentals between Paramount Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Global to competition |
| Fundamentals | Paramount Global | Peer Average |
| Return On Equity | -0.029 | -0.31 |
| Return On Asset | 0.0264 | -0.14 |
| Profit Margin | (0) % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 22.72 B | 16.62 B |
| Shares Outstanding | 625.78 M | 571.82 M |
| Shares Owned By Insiders | 15.60 % | 10.09 % |
| Shares Owned By Institutions | 68.09 % | 39.21 % |
| Number Of Shares Shorted | 72.55 M | 4.71 M |
| Price To Earning | 4.54 X | 28.72 X |
| Price To Book | 0.32 X | 9.51 X |
| Price To Sales | 0.26 X | 11.42 X |
| Revenue | 29.65 B | 9.43 B |
| Gross Profit | 10.31 B | 27.38 B |
| EBITDA | 6 M | 3.9 B |
| Net Income | (1.25 B) | 570.98 M |
| Cash And Equivalents | 3.38 B | 2.7 B |
| Cash Per Share | 5.21 X | 5.01 X |
| Total Debt | 15.86 B | 5.32 B |
| Debt To Equity | 0.74 % | 48.70 % |
| Current Ratio | 1.31 X | 2.16 X |
| Book Value Per Share | 33.43 X | 1.93 K |
| Cash Flow From Operations | 475 M | 971.22 M |
| Short Ratio | 2.93 X | 4.00 X |
| Earnings Per Share | (1.13) X | 3.12 X |
| Price To Earnings To Growth | 0.22 X | 4.89 X |
| Target Price | 12.86 | |
| Number Of Employees | 21.9 K | 18.84 K |
| Beta | 1.78 | -0.15 |
| Market Capitalization | 9.27 B | 19.03 B |
| Total Asset | 53.54 B | 29.47 B |
| Retained Earnings | 13.83 B | 9.33 B |
| Working Capital | 3.05 B | 1.48 B |
Note: Acquisition by Phillips Jr Charles E of 9260 shares of Paramount Global subject to Rule 16b-3 [view details]
Paramount Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Paramount Global Buy or Sell Advice
When is the right time to buy or sell Paramount Global Class? Buying financial instruments such as Paramount Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 19.3B | 17.3B | 15.9B | 10.1B | Total Assets | 58.6B | 58.4B | 53.5B | 41.1B |
Use Investing Ideas to Build Portfolios
In addition to having Paramount Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Funds Theme or any other thematic opportunities.
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Check out Paramount Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Paramount Stock analysis
When running Paramount Global's price analysis, check to measure Paramount Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Global is operating at the current time. Most of Paramount Global's value examination focuses on studying past and present price action to predict the probability of Paramount Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Global's price. Additionally, you may evaluate how the addition of Paramount Global to your portfolios can decrease your overall portfolio volatility.
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Is Paramount Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 79.876 | Dividend Share 0.2 | Earnings Share (1.13) | Revenue Per Share 46.07 | Quarterly Revenue Growth 0.058 |
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.