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Paramount Global (PARA) Competitors

Paramount Global logo
$10.58 +0.25 (+2.42%)
(As of 11/20/2024 ET)

PARA vs. NXST, TGNA, LBRDA, CETV, SBGI, TEF, WBD, VOD, TU, and FOXA

Should you be buying Paramount Global stock or one of its competitors? The main competitors of Paramount Global include Nexstar Media Group (NXST), TEGNA (TGNA), Liberty Broadband (LBRDA), Central European Media Enterprises (CETV), Sinclair (SBGI), Telefónica (TEF), Warner Bros. Discovery (WBD), Vodafone Group Public (VOD), TELUS (TU), and FOX (FOXA).

Paramount Global vs.

Nexstar Media Group (NASDAQ:NXST) and Paramount Global (NASDAQ:PARA) are both mid-cap consumer discretionary companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, community ranking, analyst recommendations, risk, institutional ownership, earnings, media sentiment and valuation.

Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 4.1%. Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.9%. Nexstar Media Group pays out 39.1% of its earnings in the form of a dividend. Paramount Global pays out -2.4% 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. Nexstar Media Group has raised its dividend for 11 consecutive years. Nexstar Media Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Nexstar Media Group has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500. Comparatively, Paramount Global has a beta of 1.74, meaning that its share price is 74% more volatile than the S&P 500.

In the previous week, Nexstar Media Group had 2 more articles in the media than Paramount Global. MarketBeat recorded 18 mentions for Nexstar Media Group and 16 mentions for Paramount Global. Paramount Global's average media sentiment score of 0.65 beat Nexstar Media Group's score of 0.41 indicating that Paramount Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nexstar Media Group
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Paramount Global
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

Nexstar Media Group received 508 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 71.62% of users gave Nexstar Media Group an outperform vote while only 14.86% of users gave Paramount Global an outperform vote.

CompanyUnderperformOutperform
Nexstar Media GroupOutperform Votes
530
71.62%
Underperform Votes
210
28.38%
Paramount GlobalOutperform Votes
22
14.86%
Underperform Votes
126
85.14%

95.3% of Nexstar Media Group shares are held by institutional investors. Comparatively, 73.0% of Paramount Global shares are held by institutional investors. 6.3% of Nexstar Media Group shares are held by insiders. Comparatively, 0.6% of Paramount Global shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Nexstar Media Group has a net margin of 11.39% compared to Paramount Global's net margin of -18.89%. Nexstar Media Group's return on equity of 26.03% beat Paramount Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Nexstar Media Group11.39% 26.03% 5.01%
Paramount Global -18.89%5.81%2.33%

Nexstar Media Group currently has a consensus target price of $198.50, suggesting a potential upside of 18.98%. Paramount Global has a consensus target price of $12.40, suggesting a potential upside of 17.20%. Given Nexstar Media Group's stronger consensus rating and higher possible upside, equities analysts plainly believe Nexstar Media Group is more favorable than Paramount Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nexstar Media Group
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
Paramount Global
8 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
1.72

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nexstar Media Group$4.93B1.05$346M$17.299.65
Paramount Global$29.65B0.24-$608M-$8.22-1.29

Summary

Nexstar Media Group beats Paramount Global on 17 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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PARA vs. The Competition

MetricParamount GlobalTelevision broadcasting stations IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$6.89B$6.08B$8.31B$8.89B
Dividend Yield1.94%3.65%2.77%4.06%
P/E Ratio-1.295.9214.1613.30
Price / Sales0.240.867.7981.01
Price / Cash0.435.2315.4336.03
Price / Book0.411.004.495.74
Net Income-$608M$74.45M$265.65M$225.93M
7 Day Performance-6.78%-2.13%-1.56%-1.32%
1 Month Performance2.62%-4.44%-2.08%0.60%
1 Year Performance-24.75%-1.04%15.34%26.23%

Paramount Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PARA
Paramount Global
1.3829 of 5 stars
$10.58
+2.4%
$12.40
+17.2%
-24.0%$6.89B$29.65B-1.2921,900
NXST
Nexstar Media Group
4.8457 of 5 stars
$166.83
+2.0%
$198.50
+19.0%
+10.4%$5.07B$4.93B9.6513,294
TGNA
TEGNA
2.0364 of 5 stars
$18.11
+1.3%
$19.00
+4.9%
+13.3%$2.88B$2.91B6.406,200Dividend Announcement
LBRDA
Liberty Broadband
3.5091 of 5 stars
$86.87
+1.0%
$79.00
-9.1%
+3.2%$12.29B$981M16.001,900
CETV
Central European Media Enterprises
N/A$4.57
flat
N/AN/A$1.16B$694.80M16.932,550
SBGI
Sinclair
4.4707 of 5 stars
$16.50
+0.9%
$20.10
+21.8%
+14.3%$1.09B$3.13B0.007,300Dividend Announcement
Analyst Forecast
TEF
Telefónica
0.6965 of 5 stars
$4.51
-0.7%
N/A+9.7%$25.74B$43.99B0.00104,142
WBD
Warner Bros. Discovery
2.3137 of 5 stars
$9.95
+4.7%
$10.55
+6.1%
-7.4%$23.31B$41.32B0.0035,300
VOD
Vodafone Group Public
3.9932 of 5 stars
$8.94
+0.2%
N/A-5.0%$23.25B$39.85B0.0093,000
TU
TELUS
2.7715 of 5 stars
$15.51
+0.1%
$26.00
+67.6%
-12.0%$23.13B$14.90B33.00106,400
FOXA
FOX
3.3223 of 5 stars
$45.70
-0.1%
$44.00
-3.7%
+49.2%$20.90B$13.98B11.1710,200Short Interest ↓
Positive News

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This page (NASDAQ:PARA) was last updated on 11/21/2024 by MarketBeat.com Staff
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