Nexstar Media Group, Inc. (NXST) Stock Analysis
Communication Services · Broadcasting
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other... Read more
TrendMatrix rates Nexstar Media Group, Inc. (NXST) as Sell with high confidence. The stock trades at $219.90 with +4.2% upside to the $228.65 price target. Overall score: 4.7/10 across 10 analysis dimensions. Reward/risk ratio: 0.8:1.
Passes 2/4 gates (clean insider activity, no SEC red flags). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
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TrendMatrix rates Nexstar Media Group, Inc. (NXST) as Sell with high confidence. Score 4.7/10.
Take-profit target: $228.65 (+4.2% upside). Reward/risk ratio: 0.8:1. Stop-loss: $208.29.
Thin upside margin: 4.2%; Leverage penalty (D/E 3.2): -1.5.
Nexstar Media Group, Inc. trades at a P/E of 75.1 (forward 12.5). TrendMatrix value score: 7.0/10. Verdict: Sell.
14 analysts cover NXST with a consensus score of 4.1/5. Average price target: $269.
What does Nexstar Media Group, Inc. do?Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national...
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and display advertising platforms through its own and various third party websites, mobile and over-the-top applications, digital media solutions to media publishers and advertisers, and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks. Further, its digital assets include 125 local websites, 229 mobile applications, 110 connected television applications, television channels from The CW and The Hill, BestReviews, and advertising solutions. Additionally, the company engages in the digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. Nexstar Media Group, Inc. was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. The company was founded in 1996 and is headquartered in Irving, Texas.