Viacom (NASDAQ:VIA) announced its earnings results on Thursday. The company reported $1.03 earnings per share (EPS) for the quarter, Morningstar.com reports. Viacom had a net margin of 14.13% and a return on equity of 28.95%. The company had revenue of $3.07 billion for the quarter.
Shares of Viacom (VIA) opened at $38.85 on Friday. Viacom has a one year low of $28.20 and a one year high of $49.00. The company has a current ratio of 1.55, a quick ratio of 1.30 and a debt-to-equity ratio of 1.81. The stock has a market cap of $15,004.19, a price-to-earnings ratio of 8.32 and a beta of 1.39.
VIA has been the topic of several recent research reports. Loop Capital reaffirmed a “hold” rating and set a $27.00 target price (down previously from $28.00) on shares of Viacom in a research note on Wednesday, December 27th. Rosenblatt Securities reaffirmed a “sell” rating and set a $45.00 target price on shares of Viacom in a research note on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. Viacom currently has a consensus rating of “Hold” and a consensus 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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