Viacom (NASDAQ:VIA) posted its quarterly earnings results on Thursday, February 8th. The company reported $1.03 earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $3.07 billion for the quarter. Viacom had a return on equity of 26.28% and a net margin of 15.49%.
Viacom (VIA) traded up $0.10 during trading hours on Friday, hitting $39.35. The stock had a trading volume of 39,500 shares, compared to its average volume of 53,421. Viacom has a 12 month low of $28.20 and a 12 month high of $49.00. The company has a market capitalization of $15,788.59, a PE ratio of 10.44 and a beta of 1.39. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.14 and a current ratio of 1.41.
Several brokerages have weighed in on VIA. Loop Capital reaffirmed a “hold” rating and issued a $27.00 target price (down from $28.00) on shares of Viacom in a research report on Wednesday, December 27th. Rosenblatt Securities reaffirmed a “sell” rating and issued a $45.00 target price on shares of Viacom in a research report on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $39.00.
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Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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