Nexstar Broadcasting Group Stock Beta
| NXST Stock | USD 156.89 0.06 0.04% |
Nexstar Broadcasting Group fundamentals help investors to digest information that contributes to Nexstar Broadcasting's financial success or failures. It also enables traders to predict the movement of Nexstar Stock. The fundamental analysis module provides a way to measure Nexstar Broadcasting's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexstar Broadcasting stock.
Nexstar | Beta |
Nexstar Broadcasting Group Company Beta Analysis
Nexstar Broadcasting's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Nexstar Broadcasting Beta | 1.48 |
Most of Nexstar Broadcasting's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexstar Broadcasting Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nexstar Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Nexstar Broadcasting is extremely important. It helps to project a fair market value of Nexstar Stock properly, considering its historical fundamentals such as Beta. Since Nexstar Broadcasting's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexstar Broadcasting's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexstar Broadcasting's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Nexstar Broadcasting Group has a Beta of 1.477. This is 15.39% higher than that of the Media sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
Nexstar Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexstar Broadcasting's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexstar Broadcasting could also be used in its relative valuation, which is a method of valuing Nexstar Broadcasting by comparing valuation metrics of similar companies.Nexstar Broadcasting is currently under evaluation in beta category among its peers.
Nexstar Broadcasting ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nexstar Broadcasting's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nexstar Broadcasting's managers, analysts, and investors.Environmental | Governance | Social |
Nexstar Broadcasting Institutional Holders
Institutional Holdings refers to the ownership stake in Nexstar Broadcasting that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nexstar Broadcasting's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nexstar Broadcasting's value.| Shares | Fuller & Thaler Asset Management Inc | 2024-09-30 | 609.6 K | Channing Capital Management, Llc | 2024-09-30 | 569 K | Copeland Capital Management, Llc | 2024-12-31 | 536.2 K | Jpmorgan Chase & Co | 2024-09-30 | 505.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 501.3 K | Ameriprise Financial Inc | 2024-09-30 | 404.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 384.6 K | Brown Advisory Holdings Inc | 2024-09-30 | 381.1 K | Northern Trust Corp | 2024-09-30 | 378.8 K | Vanguard Group Inc | 2024-09-30 | 3.2 M | Blackrock Inc | 2024-09-30 | 2.9 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nexstar Broadcasting will likely underperform.
Nexstar Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.061 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 11.43 B | ||||
| Shares Outstanding | 31.02 M | ||||
| Shares Owned By Insiders | 6.21 % | ||||
| Shares Owned By Institutions | 93.79 % | ||||
| Number Of Shares Shorted | 2.01 M | ||||
| Price To Earning | 10.03 X | ||||
| Price To Book | 2.19 X | ||||
| Price To Sales | 0.93 X | ||||
| Revenue | 4.93 B | ||||
| Gross Profit | 3.05 B | ||||
| EBITDA | 1.79 B | ||||
| Net Income | 346 M | ||||
| Cash And Equivalents | 276.4 M | ||||
| Cash Per Share | 7.12 X | ||||
| Total Debt | 7.13 B | ||||
| Debt To Equity | 2.62 % | ||||
| Current Ratio | 1.95 X | ||||
| Book Value Per Share | 70.50 X | ||||
| Cash Flow From Operations | 999 M | ||||
| Short Ratio | 5.05 X | ||||
| Earnings Per Share | 17.23 X | ||||
| Price To Earnings To Growth | 0.50 X | ||||
| Target Price | 195.19 | ||||
| Number Of Employees | 11.88 K | ||||
| Beta | 1.48 | ||||
| Market Capitalization | 4.87 B | ||||
| Total Asset | 12.08 B | ||||
| Retained Earnings | 3.19 B | ||||
| Working Capital | 505 M | ||||
| Current Asset | 89.74 M | ||||
| Current Liabilities | 63.53 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 1.86 % | ||||
| Net Asset | 12.08 B | ||||
| Last Dividend Paid | 6.42 |
About Nexstar Broadcasting Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexstar Broadcasting Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexstar Broadcasting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexstar Broadcasting Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Nexstar Stock Analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.