Nexstar Media Group Inc (NXST) stock hits $164.87: Is it a good time to buy or wait for a dip?

Nexstar Media Group Inc [NXST] stock prices are up 0.34% to $164.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NXST shares have gain 8.00% over the last week, with a monthly amount glided 3.43%, 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 February 28, 2025, when Loop Capital upgraded its rating to a Buy but kept the price target unchanged to $200 for it. Previously, Loop Capital downgraded its rating to Hold on November 08, 2024, and dropped its price target to $190. On May 13, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $221 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $158 on December 08, 2023. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $175 on November 09, 2022. Rosenblatt upgraded its rating to Buy for this stock on September 06, 2022, and upped its price target to $246. In a note dated April 19, 2022, Rosenblatt initiated an Neutral rating and provided a target price of $180 on this stock.

The stock price of Nexstar Media Group Inc [NXST] has been fluctuating between $141.66 and $191.86 over the past year. Currently, Wall Street analysts expect the stock to reach $200 within the next 12 months. Nexstar Media Group Inc [NASDAQ: NXST] shares were valued at $164.87 at the most recent close of the market. An investor can expect a potential return of 21.31% based on the average NXST price forecast.

Analyzing the NXST fundamentals

The Nexstar Media Group Inc [NASDAQ:NXST] reported sales of 5.36B for trailing twelve months, representing a drop of -3.89%. 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 0.06, Equity is 0.32 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.89.

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 162.12 points at the first support level, and at 159.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 167.09, and for the 2nd resistance point, it is at 169.32.

Ratios To Look Out For

It’s worth pointing out that Nexstar Media Group Inc [NASDAQ:NXST]’s Current Ratio is 1.74. As well, the Quick Ratio is 1.74, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 2.23 and price to earnings (TTM) ratio is 8.11.

Transactions by insiders

Recent insider trading involved ALFORD ANDREW, President, Broadcasting, that happened on Mar 26 ’25 when 3768.0 shares were sold. Officer, ALFORD ANDREW completed a deal on Mar 26 ’25 to buy 3768.0 shares. Meanwhile, Jenkins Brett sold 3785.0 shares on Mar 19 ’25.

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