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 maximum price target given was 89, implying a possible profit of 34.34 percent. The most pessimistic price target was 80, implying potential capital losses of 20.75 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.26 percent. That number becomes -3.1 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.07 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.97 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their 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 decreased their estimates.

The growth rate of NXST's earnings is estimated by analysts to be 54.09 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. NXST has a PEG ratio of 0.53.

In the trailing 52-weeks, NXST hit 73.90 at the highest peak, while it's lowest trading point was 47.00. The current market price is above the trailing year's low by 40.96 percent, and 10.35 percent lower than its 52-week high. NXST has a price/earnings 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.