Viacom Inc.s in-depth stock price analysis indicates that the stock price has rallied 15.57% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.18% . Looking at the past 52 week period, the stock price is up at 33.04% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Viacom Inc. has a negative value of -14.97 compared to overall market performance. Viacom Inc. (NASDAQ:VIAB) has climbed 4.18% in the past week and advanced 12.79% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.34% and the outperformance has advanced to 10.77% for the last 4 weeks period.
Viacom Inc. (NASDAQ:VIAB) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.24 points or 0.55% at $43.65 with 6,258,805 shares getting traded. Post opening the session at $43.86, the shares hit an intraday low of $43.22 and an intraday high of $44.25 and the price was in this range throughout the day. The company has a market cap of $17,325 million and the number of outstanding shares has been calculated to be 396,896,180 shares. The 52-week high of Viacom Inc. (NASDAQ:VIAB) is $46.69 and the 52-week low is $30.11.
Viacom Last issued its quarterly earnings results on Feb 9, 2017. The company reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.20. Analyst had a consensus of $0.84. The company had revenue of $3234.00 million for the quarter, compared to analysts expectations of $3186.33 million. The companys revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Viacom was Downgraded by Barclays on Feb 10, 2017 to Equal Weight, Price Target of the shares are set at $45.Viacom was Upgraded by Wells Fargo to Outperform on Feb 9, 2017. Viacom was Upgraded by Barrington Research on Feb 9, 2017 to Outperform, Price Target of the shares are set at $55.Viacom was Upgraded by Drexel Hamilton to Buy on Feb 9, 2017. Company shares were Reiterated by Wedbush on Feb 6, 2017 to Neutral, Raises Price Target to $ 41 from a previous price target of $39 .
Viacom is a leading global entertainment content company whose family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures, Paramount Home Entertainment and DreamWorks. MTV Networks, a unit of Viacom, is one of the worlds leading creators of programming and content across all media platforms. MTV Networks connects with its audiences through its robust consumer products businesses and its more than three hundred interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.