Economy

Short Term Trend Watch - Viacom, Inc. (VIAB) , Monsanto Company (MON)

Six analysts have provided estimates for Viacom's earnings, with the highest EPS estimate coming in at $0.95 and the lowest estimate coming in at $0.79. The firm is scheduled to issue its next earnings results before the market opens on Thursday, November 16th. For the next financial year, analysts expect that the firm will post earnings of $3.87 per share, with EPS estimates ranging from $3.67 to $4.10. The firm had revenue of $3.36 billion during the quarter.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. Viacom's revenue was down 14.8% compared to the same quarter a year ago.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $10.20B. (NASDAQ:VIAB) from a neutral rating to a sell rating in a report published on Monday, October 9th, Marketbeat Ratings reports. Jefferies Group reissued a "buy" rating on shares of Viacom in a research note on Thursday, August 11th. Zacks Investment Research upgraded shares of Viacom from a hold rating to a buy rating and set a $38.00 target price for the company in a report on Thursday, July 13th. J P Morgan Chase & Co reaffirmed an overweight rating and issued a $48.00 price objective on shares of Viacom in a research note on Monday, June 12th. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Eight research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company. The company maintains price to book ratio of 0.00 vs.an industry average at 0.49.

Several hedge funds and other institutional investors have recently made changes to their positions in VIAB. Assenagon Asset Management S.A. acquired a new stake in Viacom in the third quarter worth about $418,000. Finally, Pinnacle Associates Ltd. grew its position in Viacom by 50.7% during the second quarter. Wall Street Access Asset Management LLC now owns 6,315 shares of the company's stock valued at $212,000 after acquiring an additional 70 shares in the last quarter. Boston Private Wealth LLC raised its holdings in Viacom by 1.8% in the second quarter. First Mercantile Trust Co. bought a new stake in shares of Viacom during the second quarter worth about $135,000. First New York Securities LLC NY now owns 2,700 shares of the company's stock worth $103,000 after buying an additional 2,200 shares during the period.

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Viacom, Inc. (NASDAQ:VIAB) gained 2.75% with the closing price of $26.53.

Viacom (VIAB) traded up 0.64% during trading on Friday, hitting $26.70. 44,824 shares of the company were exchanged. The average 12-month price target among brokers that have updated their coverage on the stock in the a year ago is $43.00. The company has a market cap of $10.67 billion, a P/E ratio of 7.30 and a beta of 1.57.

Viacom, Inc. (VIAB) have shown a high EPS growth of 0.00% in the last 5 years and has earnings decline of -23.80% yoy.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Friday, September 15th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.07%. Viacom's payout ratio is now 21.98%.



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