ViacomCBS Inc. (NASDAQ:VIAC) traded at $23.2 at last check on Tuesday, Jun 30, making an upward move of 0.65% on its previous day’s price.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the VIAC stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 27 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 13 have rated the ViacomCBS Inc. (VIAC) stock as a Hold, while 12 rate it as a Buy. None analysts rate it as outperform while 1 of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the VIAC stock currently stands at 0, and the current price level is -2.97% off its SMA20 and 14.4% from its 50-day simple moving average. The RSI (14) is pointing at 53.28 while the volatility over the past week is 5.19% and jumps to 7.43% over the past one month. The beta value is 1.87, while the average true range (ATR) is currently pointing at 1.62. The average price target for the stock over the next 12 months is $23.18, with the estimates having a low of $12 and a high of $45. These price ends are -48.28% and +93.97% off the current price level respectively, although investors could be excited at the prospect of a -9.48% if the VIAC share price touches on the median price of $21.