Headlines about Viacom (NASDAQ:VIA) have trended neutral this week, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Viacom earned a daily sentiment score of 0.46 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Viacom’s analysis:
- CBS and Viacom could finally announce a tie-up (businessinsider.com)
- CORRECTING and REPLACING Nickelodeon’s SpongeBob SquarePants Gets Season 13 Pick up, as Anniversary Special Scores Double-digit Gains Bringing in More Than 2 Million Total Viewers (yahoo.com)
- EDA approves film tax break to Viacom for Newark production (njbiz.com)
- Bank Of America Revisits CBS-Viacom Merger Reports (finance.yahoo.com)
- Nickelodeon’s Henry Danger The Musical to Make “Note”-Worthy Debut on Saturday, July 27, at 8:00 pm (ET/PT) (finance.yahoo.com)
Shares of VIA traded down $0.04 during mid-day trading on Thursday, hitting $34.97. The company’s stock had a trading volume of 57,600 shares, compared to its average volume of 35,497. The business has a 50-day moving average of $34.92. The stock has a market capitalization of $14.40 billion, a price-to-earnings ratio of 8.42 and a beta of 1.25. Viacom has a 1-year low of $27.01 and a 1-year high of $38.00. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.29 and a quick ratio of 1.07.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Monday, June 17th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, June 14th. This represents a $0.80 annualized dividend and a yield of 2.29%.
Several research firms have recently commented on VIA. BidaskClub cut Xencor from a “sell” rating to a “strong sell” rating in a report on Tuesday, June 11th. TheStreet raised Viacom from a “c+” rating to a “b-” rating in a report on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. Viacom currently has an average rating of “Hold” and a consensus target price of $34.00.
Viacom Inc operates media brands that create entertainment content worldwide. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment offers entertainment content, services, and related branded products for consumers through approximately 314 locally programmed and operated television channels, including Nickelodeon, MTV, BET, Comedy Central, Paramount Network, Nick Jr., VH1, TV Land, CMT, Logo, Channel 5, Milkshake!, Telefe, Colors, Paramount Channel, TeenNick, Nicktoons, Nick Music, MTV2, MTV Classic, MTV Live, BET Her, BET Gospel, and BET Hip Hop, as well as through online, mobile, and apps.
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