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 highest price target was 89, implying potential capital gains of 34.34 percent. The most pessimistic price target was 80, implying potential capital losses of 20.75 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.26 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.1 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.07 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.97 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. 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, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. NXST has a PEG ratio of 0.53.

NXST has traded between a high of 73.90 and a low of 47.00 over the past year. Today's price is 40.96 percent above the 52-week low, and 10.35 percent lower than its 52-week high. 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 market cap of NXST is $3.13 billion. NXST is estimated to release their earnings results for the quarter on 0000-00-00, days from today.