Nexstar Broadcasting Gross Profit vs. Current Valuation
| NXST Stock | USD 170.59 0.56 0.33% |
Gross Profit | First Reported 2001-12-31 | Previous Quarter 509 M | Current Value 803 M | Quarterly Volatility 268.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.75 | 0.5692 |
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For Nexstar Broadcasting profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nexstar Broadcasting to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nexstar Broadcasting Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nexstar Broadcasting's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nexstar Broadcasting Group over time as well as its relative position and ranking within its peers.
Nexstar |
Nexstar Broadcasting's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.529 | Dividend Share 6.42 | Earnings Share 17.23 | Revenue Per Share 158.151 | Quarterly Revenue Growth 0.207 |
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nexstar Broadcasting Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nexstar Broadcasting's current stock value. Our valuation model uses many indicators to compare Nexstar Broadcasting value to that of its competitors to determine the firm's financial worth. Nexstar Broadcasting Group is regarded fourth in gross profit category among its peers. It also is regarded fourth in current valuation category among its peers reporting about 3.67 of Current Valuation per Gross Profit. At this time, Nexstar Broadcasting's Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nexstar Broadcasting by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nexstar Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Nexstar Broadcasting |
| = | 3.23 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nexstar Broadcasting |
| = | 11.87 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Nexstar Current Valuation vs Competition
Nexstar Broadcasting Group is regarded fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is now estimated at about 91.28 Billion. Nexstar Broadcasting retains roughly 11.87 Billion in current valuation claiming about 13% of stocks in Communication Services industry.
Nexstar Broadcasting Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nexstar Broadcasting, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nexstar Broadcasting will eventually generate negative long term returns. The profitability progress is the general direction of Nexstar Broadcasting's change in net profit over the period of time. It can combine multiple indicators of Nexstar Broadcasting, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1000 K | 1.1 M | |
| Operating Income | 708 M | 743.4 M | |
| Income Before Tax | 401 M | 219.4 M | |
| Total Other Income Expense Net | -307 M | -291.6 M | |
| Net Income | 346 M | 185 M | |
| Income Tax Expense | 131 M | 137.6 M | |
| Net Income From Continuing Ops | 348.5 M | 378.6 M | |
| Non Operating Income Net Other | 137.6 M | 144.5 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.2 B | |
| Interest Income | 329.4 M | 182.6 M | |
| Net Interest Income | -435.6 M | -457.4 M | |
| Change To Netincome | -125.4 M | -119.1 M | |
| Net Income Per Share | 9.80 | 10.29 | |
| Income Quality | 2.89 | 3.03 | |
| Net Income Per E B T | 0.86 | 1.13 |
Nexstar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nexstar Broadcasting. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nexstar Broadcasting position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nexstar Broadcasting's important profitability drivers and their relationship over time.
Use Nexstar Broadcasting in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexstar Broadcasting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexstar Broadcasting will appreciate offsetting losses from the drop in the long position's value.Nexstar Broadcasting Pair Trading
Nexstar Broadcasting Group Pair Trading Analysis
The ability to find closely correlated positions to Nexstar Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexstar Broadcasting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexstar Broadcasting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexstar Broadcasting Group to buy it.
The correlation of Nexstar Broadcasting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexstar Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexstar Broadcasting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexstar Broadcasting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nexstar Broadcasting position
In addition to having Nexstar Broadcasting in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.