Viacom, Inc. (NASDAQ:VIAB) – Research analysts at Barrington Research upped their Q2 2018 earnings per share estimates for shares of Viacom in a research note issued to investors on Monday. Barrington Research analyst J. Goss now forecasts that the company will post earnings of $0.81 per share for the quarter, up from their prior estimate of $0.78. Barrington Research currently has a “Market Perform” rating on the stock. Barrington Research also issued estimates for Viacom’s Q3 2018 earnings at $1.16 EPS, Q4 2018 earnings at $1.01 EPS, Q1 2019 earnings at $1.07 EPS, Q2 2019 earnings at $0.88 EPS, Q4 2019 earnings at $1.15 EPS and FY2019 earnings at $4.35 EPS.

VIAB has been the subject of a number of other research reports. Wells Fargo & Co reaffirmed a “market perform” rating and set a $32.00 price target (up previously from $25.00) on shares of Viacom in a research report on Thursday, January 4th. Zacks Investment Research lowered Viacom from a “hold” rating to a “sell” rating in a research report on Saturday, January 20th. Credit Suisse Group set a $38.00 target price on Viacom and gave the stock a “buy” rating in a report on Wednesday, November 1st. Deutsche Bank reduced their target price on Viacom to $25.00 and set a “sell” rating on the stock in a report on Monday, October 23rd. Finally, UBS Group reduced their target price on Viacom from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, November 17th. Five investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have issued a buy rating to the stock. Viacom currently has a consensus rating of “Hold” and an average price target of $35.31.

Viacom (NASDAQ VIAB) opened at $33.10 on Tuesday. The company has a market capitalization of $13,226.21, a P/E ratio of 6.62, a price-to-earnings-growth ratio of 1.18 and a beta of 1.54. The company has a current ratio of 1.41, a quick ratio of 1.14 and a debt-to-equity ratio of 1.52. Viacom has a 52-week low of $22.13 and a 52-week high of $46.72.

Viacom (NASDAQ:VIAB) last released its quarterly earnings results on Thursday, February 8th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.14 billion. Viacom had a return on equity of 26.28% and a net margin of 15.49%. Viacom’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.04 EPS.

Several institutional investors have recently bought and sold shares of the stock. Sentry Investment Management LLC grew its stake in shares of Viacom by 1.1% in the 2nd quarter. Sentry Investment Management LLC now owns 26,322 shares of the company’s stock worth $884,000 after buying an additional 290 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in shares of Viacom by 3.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 13,422 shares of the company’s stock worth $450,000 after buying an additional 450 shares during the last quarter. Financial Engines Advisors L.L.C. grew its stake in shares of Viacom by 8.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 20,702 shares of the company’s stock worth $638,000 after buying an additional 1,657 shares during the last quarter. Standard Life Aberdeen plc grew its stake in shares of Viacom by 1.5% in the 4th quarter. Standard Life Aberdeen plc now owns 117,055 shares of the company’s stock worth $3,607,000 after buying an additional 1,749 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in shares of Viacom by 2.2% in the 4th quarter. Arizona State Retirement System now owns 89,394 shares of the company’s stock worth $2,754,000 after buying an additional 1,911 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

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Viacom Company Profile

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.

Earnings History and Estimates for Viacom (NASDAQ:VIAB)

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