Analyst Ratings for Nexstar Media Group Inc. Cl A (NXST)

Updated: 2017-07-27

Analysts covering Nexstar Media Group Inc. Cl A (NASDAQ:NXST) have given it a consensus rating of Buy. Last month, NXST received an average rating of Buy.

Of the 7 analysts covering the stock, 7 gave it a buy rating, 0 issued an overweight rating, 0 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

NXST was given price targets by several analysts. The most optimistic price target was 89, implying potential capital gains of 34.34 percent. The most pessimistic analyst gave a price target of 80, which equates to a potential downside of 20.75 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.26 percent on average, compared to last month. That number becomes -3.1 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.07 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.97 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of NXST's earnings is estimated by analysts to be 54.09 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. NXST has a PEG ratio of 0.53.

NXST has a 52-week high of 73.90 and a 52-week low of 47.00. Currently the stock is 40.96 percent higher than its low, and below the high by 10.35 percent. NXST has a P/E ratio of 28.43. Investors typically compare the P/E ratio to a company's peers in the industry. The NXST value stock report compares NXST to some of its peers using value stock charts. The stock has a market capitalization of $3.13 billion. NXST will post this quarters earnings in days, on 0000-00-00.