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Added to YB: 2024-01-25

Pitch date: 2024-01-25

PARA [bullish]

Paramount Global

-18.87%

current return

Author Info

Company Info

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments.

Market Cap

$8.9B

Pitch Price

$13.61

Price Target

40.43 (+266%)

Dividend

1.56%

EV/EBITDA

9.73

P/E

-11.26

EV/Sales

0.76

Sector

Media

Category

special_situation

Show full summary:
Before-Merger Arbitrage ($PARA)

PARA: Redstone control but Buffett, Gabelli, CEO comp & banker ties hint sale prep. Assets like BET ($3.5B), Showtime ($4B), CBS ($14-30B), Paramount+ ($6B), less $13.8B net debt = $27-46B PMV vs $8.9B cap (3-5x). Risk: No sale. $40 PT on breakup value.

Read full article (12 min)