Paramount Skydance’s (PSKY) “Market Outperform” Rating Reiterated at Citizens Jmp

Citizens Jmp reaffirmed their market outperform rating on shares of Paramount Skydance (NASDAQ:PSKY) in a research note released on Tuesday,Benzinga reports. The brokerage currently has a $14.00 price objective on the stock.

PSKY has been the subject of several other research reports. Benchmark lowered their price target on Paramount Skydance from $19.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Citigroup began coverage on shares of Paramount Skydance in a research note on Monday, September 14th. They issued an “outperform” rating for the company. Barclays initiated coverage on shares of Paramount Skydance in a research report on Thursday, September 17th. They issued an “underweight” rating and a $8.00 target price for the company. Arete Research restated a “sell” rating and set a $2.00 price target on shares of Paramount Skydance in a research note on Thursday, July 9th. Finally, UBS Group dropped their price target on shares of Paramount Skydance from $10.00 to $8.00 and set a “sell” rating on the stock in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $11.17.

Paramount Skydance Price Performance

PSKY opened at $10.18 on Tuesday. The stock has a market cap of $11.42 billion, a price-to-earnings ratio of 35.10, a PEG ratio of 0.96 and a beta of 1.50. Paramount Skydance has a 1 year low of $7.62 and a 1 year high of $20.09. The company has a current ratio of 1.04, a quick ratio of 0.88 and a debt-to-equity ratio of 1.13. The stock has a fifty day moving average price of $9.79 and a 200 day moving average price of $10.04.

Paramount Skydance (NASDAQ:PSKY) last issued its earnings results on Tuesday, August 4th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03. Paramount Skydance had a positive return on equity of 4.11% and a negative net margin of 2.13%.The company had revenue of $6.91 billion for the quarter. Analysts forecast that Paramount Skydance will post 0.56 EPS for the current fiscal year.

Paramount Skydance Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 2.0%. Paramount Skydance’s dividend payout ratio is presently 68.97%.

Hedge Funds Weigh In On Paramount Skydance

A number of institutional investors have recently modified their holdings of PSKY. Bank of New York Mellon Corp bought a new stake in Paramount Skydance during the second quarter valued at about $14,002,000. Palestra Capital Management LLC bought a new position in shares of Paramount Skydance in the second quarter worth about $12,798,000. Gradient Investments LLC bought a new position in shares of Paramount Skydance in the second quarter worth about $2,062,000. Wellington Management Group LLP acquired a new position in shares of Paramount Skydance during the 2nd quarter worth about $3,231,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Paramount Skydance during the 1st quarter worth about $1,623,000. Institutional investors own 73.00% of the company’s stock.

More Paramount Skydance News

Here are the key news stories impacting Paramount Skydance this week:

• Positive Sentiment: Paramount Skydance launched syndication of a proposed $7.5 billion incremental senior secured term loan, a key component of the broader debt package intended to finance its Warner Bros. Discovery acquisition. The move suggests the company is advancing toward closing after recently reaching legal settlements. Paramount Skydance Corporation Announces Launch of Syndication of Incremental Term B Facility
• Positive Sentiment: The planned financing, which is part of an approximately $44 billion secured debt package, removes a major funding hurdle for the proposed Warner Bros. Discovery deal. Investors appear encouraged that Paramount is moving from announcement to execution. Paramount Moves Ahead With $7.5 Billion Debt Raise
• Positive Sentiment: Internal plans reportedly call for new Paramount+ features designed to increase engagement and monetization, potentially strengthening the company’s streaming strategy as the Warner Bros. Discovery transaction approaches. Internal docs show Paramount+ transformation plans
• Positive Sentiment: Citizens JMP reaffirmed a “Market Outperform” rating, while StoneX maintained a Buy rating, providing additional analyst support for PSKY. Citizens JMP rating
• Neutral Sentiment: Paramount is reportedly considering Elon Musk as a potential equity investor. Such backing could improve funding flexibility and investor visibility, but the report is speculative and could introduce governance or strategic uncertainty. Paramount evaluates tapping Elon Musk for equity investment
• Negative Sentiment: A judge delayed approval of a settlement related to the Warner Bros. Discovery deal, temporarily extending uncertainty around the transaction’s timeline and regulatory resolution. Judge delays deal settlement approval
• Negative Sentiment: Barclays maintained a Sell rating, underscoring concerns about the deal’s substantial financing needs, increased leverage and execution risks. Barclays remains a Sell

Paramount Skydance Company Profile

Paramount Skydance Corporation (NASDAQ: PSKY) is a global media and entertainment company formed through the combination of Paramount Global and Skydance Media. The company develops, produces and distributes feature films, television programming and other video content for audiences in the United States and international markets.

Its portfolio includes Paramount Pictures, CBS, Nickelodeon, MTV, Comedy Central, BET, Showtime and other well-known entertainment brands. Paramount Skydance also operates streaming services including Paramount+ and Pluto TV, as well as businesses involved in television broadcasting, news, sports and content licensing.

The company’s history includes Paramount Pictures, one of Hollywood’s longstanding film studios, and Skydance Media, a production company founded in 2010 by David Ellison.