PARA vs. NXST, TGNA, PARAA, FOX, FWONA, NWS, SBGI, GTN, FOXA, and LNW
Should you be buying Paramount Global stock or one of its competitors? The main competitors of Paramount Global include Nexstar Media Group (NXST), TEGNA (TGNA), Paramount Global (PARAA), FOX (FOX), Formula One Group (FWONA), News (NWS), Sinclair (SBGI), Gray Television (GTN), FOX (FOXA), and Light & Wonder (LNW). These companies are all part of the "consumer discretionary" sector.
Nexstar Media Group (NASDAQ:NXST) and Paramount Global (NASDAQ:PARA) are both mid-cap consumer discretionary companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, earnings, community ranking, profitability, dividends, analyst recommendations, institutional ownership and media sentiment.
Nexstar Media Group has a net margin of 8.29% compared to Nexstar Media Group's net margin of -0.15%. Paramount Global's return on equity of 17.18% beat Nexstar Media Group's return on equity.
Nexstar Media Group currently has a consensus price target of $206.00, suggesting a potential upside of 21.49%. Paramount Global has a consensus price target of $13.58, suggesting a potential upside of 12.97%. Given Paramount Global's stronger consensus rating and higher possible upside, equities analysts clearly believe Nexstar Media Group is more favorable than Paramount Global.
In the previous week, Nexstar Media Group and Nexstar Media Group both had 26 articles in the media. Paramount Global's average media sentiment score of 0.40 beat Nexstar Media Group's score of 0.28 indicating that Nexstar Media Group is being referred to more favorably in the media.
95.3% of Nexstar Media Group shares are held by institutional investors. Comparatively, 73.0% of Paramount Global shares are held by institutional investors. 5.9% of Nexstar Media Group shares are held by insiders. Comparatively, 0.6% of Paramount Global shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Nexstar Media Group has a beta of 1.5, meaning that its stock price is 50% more volatile than the S&P 500. Comparatively, Paramount Global has a beta of 1.74, meaning that its stock price is 74% more volatile than the S&P 500.
Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 4.0%. Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.7%. Nexstar Media Group pays out 57.2% of its earnings in the form of a dividend. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Nexstar Media Group has raised its dividend for 11 consecutive years. Nexstar Media Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Nexstar Media Group has higher earnings, but lower revenue than Paramount Global. Paramount Global is trading at a lower price-to-earnings ratio than Nexstar Media Group, indicating that it is currently the more affordable of the two stocks.
Nexstar Media Group received 498 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 71.41% of users gave Nexstar Media Group an outperform vote while only 14.84% of users gave Paramount Global an outperform vote.
Summary
Nexstar Media Group beats Paramount Global on 18 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PARA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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