Paramount Skydance (NASDAQ:PSKY) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Paramount Skydance (NASDAQ:PSKYFree Report) to a hold rating in a research report released on Saturday morning.

A number of other research analysts have also recently issued reports on PSKY. Guggenheim reaffirmed a “neutral” rating and set a $16.00 price objective on shares of Paramount Skydance in a research note on Wednesday. Sanford C. Bernstein boosted their target price on Paramount Skydance from $11.00 to $12.00 and gave the company an “underperform” rating in a research note on Wednesday. JPMorgan Chase & Co. raised their price target on Paramount Skydance from $10.00 to $14.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 4th. Seaport Res Ptn raised Paramount Skydance from a “strong sell” rating to a “hold” rating in a research note on Friday, August 8th. Finally, Argus initiated coverage on Paramount Skydance in a research note on Monday, October 13th. They set a “hold” rating and a $17.00 price objective for the company. One analyst has rated the stock with a Buy rating, five have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat, Paramount Skydance currently has a consensus rating of “Reduce” and an average target price of $13.91.

Check Out Our Latest Stock Analysis on PSKY

Paramount Skydance Price Performance

NASDAQ PSKY traded up $0.31 on Friday, reaching $15.68. 6,223,496 shares of the company’s stock traded hands, compared to its average volume of 10,698,662. The firm has a market cap of $10.57 billion, a PE ratio of -522.49, a PEG ratio of 4.24 and a beta of 1.26. Paramount Skydance has a 12 month low of $9.95 and a 12 month high of $20.86. The stock has a 50-day moving average price of $17.12. The company has a current ratio of 1.39, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83.

Paramount Skydance (NASDAQ:PSKYGet Free Report) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.37). The business had revenue of $6.73 billion during the quarter, compared to analysts’ expectations of $6.79 billion. Paramount Skydance had a negative net margin of 0.05% and a positive return on equity of 4.51%. Paramount Skydance’s revenue for the quarter was up 0% on a year-over-year basis. During the same period last year, the company posted $0.49 EPS. Paramount Skydance has set its FY 2026 guidance at EPS. Q4 2025 guidance at EPS.

Paramount Skydance Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.3%. Paramount Skydance’s dividend payout ratio (DPR) is presently -666.67%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Kelleher Financial Advisors purchased a new stake in shares of Paramount Skydance in the 3rd quarter worth about $32,000. Center for Financial Planning Inc. bought a new position in Paramount Skydance in the third quarter worth about $35,000. Versant Capital Management Inc bought a new position in Paramount Skydance in the third quarter worth about $39,000. Addison Advisors LLC purchased a new stake in Paramount Skydance in the third quarter worth about $42,000. Finally, Paradigm Asset Management Co. LLC bought a new stake in Paramount Skydance during the 3rd quarter valued at approximately $45,000. 73.00% of the stock is currently owned by institutional investors.

About Paramount Skydance

(Get Free Report)

Paramount Global is a media and entertainment company which creates premium content and experiences for audiences. The company’s portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount , Pluto TV and Simon & Schuster, among others.

Recommended Stories

Analyst Recommendations for Paramount Skydance (NASDAQ:PSKY)

Receive News & Ratings for Paramount Skydance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Skydance and related companies with MarketBeat.com's FREE daily email newsletter.