Nexstar Media Group Inc [NXST] stock is trading at $162.58, up 11.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NXST shares have gain 5.18% over the last week, with a monthly amount glided 3.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nexstar Media Group Inc [NASDAQ: NXST] stock has seen the most recent analyst activity on November 08, 2024, when Loop Capital downgraded its rating to a Hold and also revised its price target to $190 from $200. Previously, Wells Fargo upgraded its rating to Overweight on May 13, 2024, and elevated its price target to $221. On December 08, 2023, Citigroup initiated with a Neutral rating and assigned a price target of $158 on the stock. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $175 on November 09, 2022. Rosenblatt upgraded its rating to a Buy and raised its price target to $246 on September 06, 2022. Rosenblatt started tracking with a Neutral rating for this stock on April 19, 2022, and assigned it a price target of $180. In a note dated October 15, 2020, Loop Capital initiated an Buy rating and provided a target price of $130 on this stock.
Nexstar Media Group Inc [NXST] stock has fluctuated between $146.04 and $191.86 over the past year. Currently, Wall Street analysts expect the stock to reach $198 within the next 12 months. Nexstar Media Group Inc [NASDAQ: NXST] shares were valued at $162.58 at the most recent close of the market. An investor can expect a potential return of 21.79% based on the average NXST price forecast.
Analyzing the NXST fundamentals
Nexstar Media Group Inc [NASDAQ:NXST] reported sales of 5.22B for the trailing twelve months, which represents a growth of 20.67%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.6, Equity is 0.42 and Total Capital is 1.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 156.13 points at the first support level, and at 149.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 169.42, and for the 2nd resistance point, it is at 176.25.
Ratios To Look Out For
For context, Nexstar Media Group Inc’s Current Ratio is 1.68. Also, the Quick Ratio is 1.68, while the Cash Ratio stands at -27.17. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 2.31 and price to earnings (TTM) ratio is 9.13.
Transactions by insiders
Recent insider trading involved SOOK PERRY A, Chief Executive Officer, that happened on Dec 26 ’24 when 37025.0 shares were sold. Chief Executive Officer, SOOK PERRY A completed a deal on Dec 24 ’24 to sell 15783.0 shares. Meanwhile, Director McMillen Charles Thomas sold 750.0 shares on Dec 26 ’24.
