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Paramount Global (PARAA) Competitors

20.67
+0.04 (+0.19%)
(As of 05/31/2024 08:51 PM ET)

PARAA vs. FOXA, FOX, PARA, NXST, TGNA, TV, SBGI, GTN.A, GTN, and SSP

Should you be buying Paramount Global stock or one of its competitors? The main competitors of Paramount Global include FOX (FOXA), FOX (FOX), Paramount Global (PARA), Nexstar Media Group (NXST), TEGNA (TGNA), Grupo Televisa, S.A.B. (TV), Sinclair (SBGI), Gray Television (GTN.A), Gray Television (GTN), and E.W. Scripps (SSP). These companies are all part of the "television broadcasting stations" industry.

Paramount Global vs.

FOX (NASDAQ:FOXA) and Paramount Global (NASDAQ:PARAA) are both large-cap consumer discretionary companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, earnings, profitability, community ranking, institutional ownership, media sentiment, analyst recommendations, valuation and risk.

In the previous week, FOX had 3 more articles in the media than Paramount Global. MarketBeat recorded 7 mentions for FOX and 4 mentions for Paramount Global. Paramount Global's average media sentiment score of 0.83 beat FOX's score of 0.69 indicating that FOX is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
FOX
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Paramount Global
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

FOX received 966 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 73.20% of users gave FOX an outperform vote while only 33.33% of users gave Paramount Global an outperform vote.

CompanyUnderperformOutperform
FOXOutperform Votes
967
73.20%
Underperform Votes
354
26.80%
Paramount GlobalOutperform Votes
1
33.33%
Underperform Votes
2
66.67%

52.5% of FOX shares are held by institutional investors. Comparatively, 6.0% of Paramount Global shares are held by institutional investors. 21.8% of FOX shares are held by company insiders. Comparatively, 1.7% of Paramount Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

FOX currently has a consensus price target of $34.83, indicating a potential upside of 1.17%. Given Paramount Global's stronger consensus rating and higher probable upside, research analysts clearly believe FOX is more favorable than Paramount Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FOX
1 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.23
Paramount Global
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

FOX has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500. Comparatively, Paramount Global has a beta of 1.66, meaning that its stock price is 66% more volatile than the S&P 500.

FOX has a net margin of 11.19% compared to FOX's net margin of -0.15%. Paramount Global's return on equity of 15.90% beat FOX's return on equity.

Company Net Margins Return on Equity Return on Assets
FOX11.19% 15.90% 7.56%
Paramount Global -0.15%3.35%1.40%

FOX has higher earnings, but lower revenue than Paramount Global. Paramount Global is trading at a lower price-to-earnings ratio than FOX, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FOX$14.91B1.08$1.24B$3.1910.79
Paramount Global$29.65B0.45-$608M-$0.15-137.79

FOX pays an annual dividend of $0.52 per share and has a dividend yield of 1.5%. Paramount Global pays an annual dividend of 0.20 per share and has a dividend yield of 1.0%. FOX pays out 16.3% of its earnings in the form of a dividend. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. FOX has increased its dividend for 3 consecutive years. FOX is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

FOX beats Paramount Global on 18 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PARAA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PARAA vs. The Competition

MetricParamount GlobalTelevision broadcasting stations IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$13.46B$5.39B$6.82B$7.96B
Dividend Yield0.97%3.60%2.78%4.01%
P/E Ratio-137.799.8418.6318.57
Price / Sales0.450.755.7691.65
Price / Cash0.874.7030.9731.51
Price / Book0.600.996.594.59
Net Income-$608M$42.59M$188.19M$213.90M
7 Day Performance-0.82%5.72%4.67%0.87%
1 Month Performance-3.68%1.95%14.44%3.60%
1 Year Performance16.12%-9.79%10.67%7.91%

Paramount Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FOXA
FOX
2.9202 of 5 stars
$33.63
+0.4%
$34.83
+3.6%
+10.0%$15.70B$14.91B10.5410,400Positive News
FOX
FOX
2.9127 of 5 stars
$31.15
+0.2%
N/A+9.4%$14.54B$14.91B9.7610,400
PARA
Paramount Global
4.0951 of 5 stars
$11.76
-2.1%
$13.58
+15.5%
-22.6%$7.84B$29.65B-78.3921,900
NXST
Nexstar Media Group
4.9706 of 5 stars
$156.04
-1.1%
$206.00
+32.0%
+8.8%$5.12B$4.96B13.2013,294Positive News
TGNA
TEGNA
2.0979 of 5 stars
$14.24
-1.2%
$17.00
+19.4%
-5.7%$2.42B$2.91B4.986,200Short Interest ↑
TV
Grupo Televisa, S.A.B.
3.8075 of 5 stars
$3.19
+1.3%
$5.28
+65.5%
-28.7%$1.77B$4.16B-3.6732,932Short Interest ↓
SBGI
Sinclair
4.3399 of 5 stars
$12.16
-1.6%
$18.14
+49.2%
-6.0%$804.75M$3.13B-1.717,300Dividend Announcement
GTN.A
Gray Television
0 of 5 stars
$7.68
-0.8%
N/A-0.6%$761.40M$3.28B-64.007,371Gap Up
GTN
Gray Television
4.4197 of 5 stars
$5.58
-1.2%
$11.40
+104.3%
-9.8%$553.20M$3.28B-46.509,923
SSP
E.W. Scripps
4.3197 of 5 stars
$2.71
+5.0%
$9.50
+250.6%
-64.6%$231.41M$2.29B-0.235,200Short Interest ↓
Gap Down

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This page (NASDAQ:PARAA) was last updated on 6/2/2024 by MarketBeat.com Staff

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