Nexstar Media Group Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 5 out of 80 in the Media & Publishing industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 271.36.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Nexstar Media Group Inc is 7.22, ranking 34 out of 80 in the Media & Publishing industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 1.29B, representing a year-over-year decrease of 13.32%, while its net profit experienced a year-over-year decrease of 166.28%.
Key Metrics
The current valuation score of Nexstar Media Group Inc is 8.22, ranking 19 out of 80 in the Media & Publishing industry. Its current P/E ratio is 72.45, which is 15.49% below the recent high of 83.67 and 91.10% above the recent low of 6.45.
The current earnings forecast score of Nexstar Media Group Inc is 8.00, ranking 19 out of 80 in the Media & Publishing industry. The average price target is 235.00, with a high of 250.00 and a low of 185.21.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Nexstar Media Group Inc is 6.83, ranking 33 out of 80 in the Media & Publishing industry. Currently, the stock price is trading between the resistance level at 244.15 and the support level at 204.92, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Nexstar Media Group Inc is 10.00, ranking 1 out of 80 in the Media & Publishing industry. The latest institutional shareholding proportion is 105.82%, representing a quarter-over-quarter increase of 0.69%. The largest institutional shareholder is The Vanguard, holding a total of 2.91M shares, representing 9.60% of shares outstanding, with 4.98% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Media & Publishing domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Nexstar Media Group Inc is 8.63, ranking 11 out of 80 in the Media & Publishing industry. The company's beta value is 0.84. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
