CBS Corporation (NYSE:CBS) Under the Spotlight

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CBS Corporation
CBS Corporation

CBS Corporation (NYSE:CBS) has five operational segments namely, Publishing, Entertainment, Outdoor Americas, Local Broadcasting and Cable Networks. The current dividend yield of CBS is 0.8% with 21.2 PE ratio. CBS Corporation (NYSE:CBS) is rated “Buy” by 17 different analysts, rated “Hold” by three different analysts whereas zero analysts rate it at “Sell”.

For the last 30 days CBS stock has had an average share volume of 4.7 million whereas its market capitalization is marked at $34.2 billion. CBS Corporation (NYSE:CBS) stock has a 1.84 beta along with 2.8% short float.

According to an analysis of TheStreetRatings.com CBS has shown some remarkable strength in price performance of solid stock, revenue growth, growth in EPS, net income growth and strong equity return. The report claims that CBS Corporation (NYSE:CBS) does not show any particular weakness and promises to give a positive outlook.

According to the report, revenue growth of CBS has gone over the 3.1% industry average. The company’s revenue in comparison to its last year’s same quarter has gone up by a figure of 11.3% which has also given a jump to the company’s EPS.

CBS had a 28.82% earnings growth as a result of which the stock over the last one year went up by 43.61%. It is expected that CBS stock that had a good year in 2013 will continue to show an upward trend in the stock market.

In its previous fiscal year the company’s bottom line increased with earnings of $2.48 which was $1.90 last year. It is expected that CBS will further improve its earnings and reach the value of $3.01 this year.

The stock opened the day’s trading at a value of 63.91 and its range over the period of 52 weeks has been between 42.05 and 64.90 with an institutional ownership of 80%.

 

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