(PARA) Paramount Global - Ratings and Ratios

Paramount Global is a leading media, streaming, and entertainment conglomerate with a diverse portfolio of brands and operations worldwide. The company is structured into three primary segments: TV Media, Direct-to-Consumer, and Filmed Entertainment. The TV Media division encompasses CBS Television Network, a major U.S. broadcast network, as well as CBS Stations, which operates a group of local television stations. Internationally, it includes free-to-air networks such as Network 10 in Australia, Channel 5 in the U.K., Telefe in Argentina, and Chilevisión in Chile. Additionally, this segment manages a range of cable networks, including Nickelodeon, MTV, Comedy Central, BET, and Paramount Network, among others. The division also oversees television studio operations, producing content for both domestic and international markets through entities like CBS Studios and Showtime/MTV Entertainment Studios. Furthermore, it includes CBS Media Ventures, a producer and distributor of syndicated programming, and digital platforms like CBS News Streaming and CBS Sports HQ.

The Direct-to-Consumer segment focuses on streaming services, offering a mix of paid and free platforms such as Paramount+, Pluto TV, and BET+. Paramount+ is the companys flagship streaming service, providing access to a vast library of content, including exclusive originals, films, and series from its owned studios. Pluto TV, a free ad-supported streaming television service, complements this offering by delivering a range of on-demand and linear channels. BET+ targets African American audiences with a curated selection of content. This segment is central to the companys strategy to adapt to the shift in consumer preferences toward streaming and digital content consumption.

The Filmed Entertainment segment is responsible for the production and distribution of films, series, and short-form content across various platforms, including theatrical releases, streaming services, television, and home entertainment. This segment includes Paramount Pictures, one of the oldest and most recognizable film studios globally, as well as Paramount Players, Paramount Animation, Nickelodeon Studios, and Miramax. The division also operates Awesomeness, a studio focused on youth-oriented content. Filmed Entertainment leverages its extensive library and production capabilities to supply content to both internal streaming platforms and external partners.

Paramount Global, rebranded from ViacomCBS in February 2022, has a storied history dating back to its founding in 1914. Headquartered in New York City, the company operates as a subsidiary of National Amusements, Inc. Its strategic focus is on integrating its linear television, film production, and streaming businesses to create a cohesive content ecosystem. This approach aims to capitalize on its legacy assets while addressing the evolving demands of the digital entertainment landscape.

Looking ahead, Paramount Globals stock (NASDAQ:PARA) is expected to remain range-bound in the near term, with technical indicators suggesting limited upside momentum. The 20-day SMA of $11.16 and 50-day SMA of $11.36 indicate a narrow trading range, while the 200-day SMA of $10.86 signals support at lower levels. The ATR of 0.37 reflects low volatility, suggesting a stable trading environment. From a fundamental perspective, the forward P/E of 7.81 indicates potential undervaluation, though the negative RoE of -36.92 raises concerns about profitability. Overall, the stock may appeal to investors seeking exposure to a diversified media company with a strong content portfolio, though near-term upside may be limited.