Is Nexstar Broadcasting Stock a Good Investment?
Nexstar Broadcasting Investment Advice | NXST |
- Examine Nexstar Broadcasting's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nexstar Broadcasting's leadership team and their track record. Good management can help Nexstar Broadcasting navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Broadcasting space and any emerging trends that could impact Nexstar Broadcasting's business and its evolving consumer preferences.
- Compare Nexstar Broadcasting's performance and market position to its competitors. Analyze how Nexstar Broadcasting is positioned in terms of product offerings, innovation, and market share.
- Check if Nexstar Broadcasting pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nexstar Broadcasting's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nexstar Broadcasting Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nexstar Broadcasting Group is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nexstar Broadcasting Stock
Researching Nexstar Broadcasting's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are owned by institutional investors. The book value of Nexstar Broadcasting was now reported as 70.5. The company has Price/Earnings To Growth (PEG) ratio of 0.54. Nexstar Broadcasting recorded earning per share (EPS) of 17.24. The entity last dividend was issued on the 15th of November 2024.
To determine if Nexstar Broadcasting is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nexstar Broadcasting's research are outlined below:
| Nexstar Broadcasting is unlikely to experience financial distress in the next 2 years | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Insider Trading |
Nexstar Broadcasting Quarterly Good Will |
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Nexstar Broadcasting uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nexstar Broadcasting Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nexstar Broadcasting's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Nexstar Broadcasting's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Nexstar Broadcasting's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2005-03-04 | 2004-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2012-03-08 | 2011-12-31 | 0.13 | 0.11 | -0.02 | 15 | ||
2011-05-11 | 2011-03-31 | -0.25 | -0.22 | 0.03 | 12 | ||
2010-05-12 | 2010-03-31 | -0.17 | -0.14 | 0.03 | 17 | ||
2008-03-06 | 2007-12-31 | -0.12 | -0.09 | 0.03 | 25 | ||
2006-08-08 | 2006-06-30 | -0.05 | -0.08 | -0.03 | 60 | ||
2009-03-05 | 2008-12-31 | 0.23 | 0.19 | -0.04 | 17 | ||
2007-05-08 | 2007-03-31 | -0.28 | -0.32 | -0.04 | 14 |
Know Nexstar Broadcasting's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nexstar Broadcasting is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nexstar Broadcasting Group backward and forwards among themselves. Nexstar Broadcasting's institutional investor refers to the entity that pools money to purchase Nexstar Broadcasting's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Citadel Advisors Llc | 2024-06-30 | 683.9 K | Capital Research Global Investors | 2024-09-30 | 610.1 K | Fuller & Thaler Asset Management Inc | 2024-09-30 | 609.6 K | Channing Capital Management, Llc | 2024-09-30 | 569 K | Copeland Capital Management, Llc | 2024-09-30 | 547.7 K | Jpmorgan Chase & Co | 2024-06-30 | 522.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 418.8 K | Ameriprise Financial Inc | 2024-06-30 | 406.7 K | Brown Advisory Holdings Inc | 2024-09-30 | 381.1 K | Vanguard Group Inc | 2024-09-30 | 3.2 M | Blackrock Inc | 2024-06-30 | 2.9 M |
Nexstar Broadcasting's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.18 B.Market Cap |
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Nexstar Broadcasting's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | 0.06 | 0.05 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.15 | 0.16 |
Determining Nexstar Broadcasting's profitability involves analyzing its financial statements and using various financial metrics to determine if Nexstar Broadcasting is a good buy. For example, gross profit margin measures Nexstar Broadcasting's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nexstar Broadcasting's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Nexstar Broadcasting's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nexstar Broadcasting Group. Check Nexstar Broadcasting's Beneish M Score to see the likelihood of Nexstar Broadcasting's management manipulating its earnings.
Evaluate Nexstar Broadcasting's management efficiency
Nexstar Broadcasting has return on total asset (ROA) of 0.061 % which means that it generated a profit of $0.061 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2407 %, meaning that it created $0.2407 on every $100 dollars invested by stockholders. Nexstar Broadcasting's management efficiency ratios could be used to measure how well Nexstar Broadcasting manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nexstar Broadcasting's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.03 in 2024, whereas Return On Capital Employed is likely to drop 0.05 in 2024. At this time, Nexstar Broadcasting's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 1 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 379.6 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 65.49 | 68.77 | |
| Tangible Book Value Per Share | (161.00) | (152.95) | |
| Enterprise Value Over EBITDA | 7.00 | 5.94 | |
| Price Book Value Ratio | 2.41 | 2.29 | |
| Enterprise Value Multiple | 7.00 | 5.94 | |
| Price Fair Value | 2.41 | 2.29 |
Leadership at Nexstar Broadcasting emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0413 | Forward Dividend Yield 0.0413 | Forward Dividend Rate 6.76 | Beta 1.477 |
Basic technical analysis of Nexstar Stock
As of the 22nd of November, Nexstar Broadcasting secures the Risk Adjusted Performance of 0.0204, mean deviation of 1.33, and Downside Deviation of 2.39. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexstar Broadcasting, as well as the relationship between them.Nexstar Broadcasting's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nexstar Broadcasting insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nexstar Broadcasting's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nexstar Broadcasting insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Johnson Ellen Tobi 3 days ago Insider Trading | ||
Johnson Ellen Tobi few days ago Insider Trading | ||
Johnson Ellen Tobi few days ago Insider Trading | ||
Johnson Ellen Tobi over a week ago Insider Trading | ||
Johnson Ellen Tobi over three weeks ago Insider Trading | ||
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Johnson Ellen Tobi over a month ago Insider Trading | ||
Johnson Ellen Tobi over a month ago Insider Trading | ||
Johnson Ellen Tobi over a month ago Insider Trading | ||
Johnson Ellen Tobi over a month ago Insider Trading | ||
Johnson Ellen Tobi over a month ago Insider Trading | ||
Johnson Ellen Tobi over a month ago Insider Trading |
Nexstar Broadcasting's Outstanding Corporate Bonds
Nexstar Broadcasting issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nexstar Broadcasting uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nexstar bonds can be classified according to their maturity, which is the date when Nexstar Broadcasting Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US65339KBJ88 Corp BondUS65339KBJ88 | View | |
| NEXTERA ENERGY CAPITAL Corp BondUS65339KBM18 | View | |
| US65339KBK51 Corp BondUS65339KBK51 | View | |
| NEE 244 15 JAN 32 Corp BondUS65339KBZ21 | View | |
| NEE 1875 15 JAN 27 Corp BondUS65339KBY55 | View | |
| NEXTERA ENERGY CAPITAL Corp BondUS65339KBR05 | View | |
| NextEra Energy Capital Corp BondUS65339KBP49 | View | |
| NEXTERA ENERGY CAPITAL Corp BondUS65339KBW99 | View |
Understand Nexstar Broadcasting's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nexstar Broadcasting's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0204 | |||
| Market Risk Adjusted Performance | 0.0334 | |||
| Mean Deviation | 1.33 | |||
| Semi Deviation | 2.34 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 5411.78 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0234 | |||
| Maximum Drawdown | 17.92 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.86 | |||
| Downside Variance | 5.7 | |||
| Semi Variance | 5.49 | |||
| Expected Short fall | (1.45) | |||
| Skewness | (2.25) | |||
| Kurtosis | 14.48 |
| Risk Adjusted Performance | 0.0204 | |||
| Market Risk Adjusted Performance | 0.0334 | |||
| Mean Deviation | 1.33 | |||
| Semi Deviation | 2.34 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 5411.78 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0234 | |||
| Maximum Drawdown | 17.92 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.86 | |||
| Downside Variance | 5.7 | |||
| Semi Variance | 5.49 | |||
| Expected Short fall | (1.45) | |||
| Skewness | (2.25) | |||
| Kurtosis | 14.48 |
Consider Nexstar Broadcasting's intraday indicators
Nexstar Broadcasting intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nexstar Broadcasting stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nexstar Broadcasting Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 31st of October 2024 An amendment to a previously filed Form 8-K | ViewVerify |
F3 | 2nd of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Nexstar Stock media impact
Far too much social signal, news, headlines, and media speculation about Nexstar Broadcasting that are available to investors today. That information is available publicly through Nexstar media outlets and privately through word of mouth or via Nexstar internal channels. However, regardless of the origin, that massive amount of Nexstar data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nexstar Broadcasting news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nexstar Broadcasting relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nexstar Broadcasting's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nexstar Broadcasting alpha.
Nexstar Broadcasting Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nexstar Broadcasting can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nexstar Broadcasting Historical Investor Sentiment
Investor biases related to Nexstar Broadcasting's public news can be used to forecast risks associated with an investment in Nexstar. The trend in average sentiment can be used to explain how an investor holding Nexstar can time the market purely based on public headlines and social activities around Nexstar Broadcasting Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nexstar Broadcasting's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nexstar Broadcasting and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Nexstar Broadcasting news discussions. The higher the estimate score, the more favorable the investor's outlook on Nexstar Broadcasting.
Nexstar Broadcasting Corporate Management
| Rachel Morgan | General VP | Profile | |
| Lindsey Harmon | Senior Counsel | Profile | |
| Terri Bush | Senior Counsel | Profile | |
| Todd Braverman | Executive Sales | Profile | |
| JD Esq | Pres Network | Profile | |
| Bill Mondora | Washington Chief | Profile |
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.