Viacom, Inc. (VIAB): What’s the Story?

Viacom, Inc. (VIAB) is an interesting player in the Services space, with a focus on Entertainment – Diversified. The stock has been active on the tape, currently trading at $28.29, up from yesterday’s close by 0.04%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Viacom, Inc. (VIAB) currently trades with a market capitalization of $11.52 Billion. That value represents a market adjusting for revenues that have been falling by -3.32 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.4 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.06 on a per share basis this quarter. Perhaps, that suggests something about why 0.50% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Viacom, Inc. recorded a 52-week high of $36.96. It is now trading 8.67% off that level. The stock is trading $29.32 its 50-day moving average by 1.03%. The stock carved out a 52-week low down at $22.13.

In recent action, Viacom, Inc. (VIAB) has made a move of -1.57% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.49% with $361.63 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of VIAB.

Previous articleDigging Up the Facts on SLM Corporation (SLM)
Next articleChecking the Overall Picture for Brandywine Realty Trust (BDN)