Stock in Focus: Viacom Inc. (VIAB)

Company Profile:

Viacom Inc. operates media brands that create entertainment content worldwide. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment offers entertainment content, services, and related branded products for consumers through approximately 314 locally programmed and operated television channels. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content. The company is headquartered in New York, New York.

Recent News:

For the quarter ended March 31st, 2019, the company reported net income attributable to Viacom rose more than 41% to 93 cents. Excluding items, Viacom earned 95 cents per share and beat expectations of 80 cents. Total revenue fell over 6% to $2.96 billion.

On April.29, 2019, the compnay announced the introduction of Viacom’s flagship networks to Pluto TV’s channel lineup and a new slate of original digital programming during its second-annual NewFront event at the PlayStation Theater.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

VIAB’s strengths can be seen in its strong profitability and better efficiency compared with its peers. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic oscillator, the MACD is trying to cross back up and the RSI(14) stands at 52.71 with positive bias. We rate Viacom Inc. (VIAB) a STRONG BUY.