Free Trial

Nexstar Media Group (NXST) Competitors

Nexstar Media Group logo
$161.84 -2.62 (-1.59%)
(As of 11/15/2024 ET)

NXST vs. CETV, GTN, FWONA, SBGI, EVC, BBGI, SALM, FOXA, FOX, and PARAA

Should you be buying Nexstar Media Group stock or one of its competitors? The main competitors of Nexstar Media Group include Central European Media Enterprises (CETV), Gray Television (GTN), Formula One Group (FWONA), Sinclair (SBGI), Entravision Communications (EVC), Beasley Broadcast Group (BBGI), Salem Media Group (SALM), FOX (FOXA), FOX (FOX), and Paramount Global (PARAA). These companies are all part of the "consumer discretionary" sector.

Nexstar Media Group vs.

Nexstar Media Group (NASDAQ:NXST) and Central European Media Enterprises (NASDAQ:CETV) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation, media sentiment, profitability and risk.

95.3% of Nexstar Media Group shares are held by institutional investors. Comparatively, 20.8% of Central European Media Enterprises shares are held by institutional investors. 6.3% of Nexstar Media Group shares are held by insiders. Comparatively, 1.7% of Central European Media Enterprises shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Nexstar Media Group had 23 more articles in the media than Central European Media Enterprises. MarketBeat recorded 23 mentions for Nexstar Media Group and 0 mentions for Central European Media Enterprises. Nexstar Media Group's average media sentiment score of 0.32 beat Central European Media Enterprises' score of 0.00 indicating that Nexstar Media Group is being referred to more favorably in the media.

Company Overall Sentiment
Nexstar Media Group Neutral
Central European Media Enterprises Neutral

Nexstar Media Group received 319 more outperform votes than Central European Media Enterprises when rated by MarketBeat users. Likewise, 71.62% of users gave Nexstar Media Group an outperform vote while only 65.33% of users gave Central European Media Enterprises an outperform vote.

CompanyUnderperformOutperform
Nexstar Media GroupOutperform Votes
530
71.62%
Underperform Votes
210
28.38%
Central European Media EnterprisesOutperform Votes
211
65.33%
Underperform Votes
112
34.67%

Nexstar Media Group has a beta of 1.48, suggesting that its stock price is 48% more volatile than the S&P 500. Comparatively, Central European Media Enterprises has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500.

Nexstar Media Group currently has a consensus price target of $198.50, indicating a potential upside of 22.65%. Given Nexstar Media Group's stronger consensus rating and higher probable upside, research analysts plainly believe Nexstar Media Group is more favorable than Central European Media Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nexstar Media Group
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
Central European Media Enterprises
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Nexstar Media Group has higher revenue and earnings than Central European Media Enterprises.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nexstar Media Group$4.93B1.02$346M$17.299.36
Central European Media Enterprises$694.80M1.67$119.13MN/AN/A

Central European Media Enterprises has a net margin of 16.08% compared to Nexstar Media Group's net margin of 11.39%. Central European Media Enterprises' return on equity of 33.21% beat Nexstar Media Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Nexstar Media Group11.39% 26.03% 5.01%
Central European Media Enterprises 16.08%33.21%7.32%

Summary

Nexstar Media Group beats Central European Media Enterprises on 12 of the 17 factors compared between the two stocks.

Get Nexstar Media Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for NXST and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

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.
Skip Chart

NXST vs. The Competition

MetricNexstar Media GroupTelevision broadcasting stations IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$5.02B$6.13B$8.22B$8.74B
Dividend Yield4.18%3.48%2.74%4.08%
P/E Ratio9.367.0414.7613.57
Price / Sales1.020.877.6187.67
Price / Cash4.235.3533.7535.24
Price / Book2.281.003.625.93
Net Income$346M$74.45M$261.75M$225.73M
7 Day Performance-2.53%-1.08%-3.30%-1.34%
1 Month Performance-6.09%-3.85%-2.65%1.15%
1 Year Performance7.97%1.93%14.88%24.02%

Nexstar Media Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NXST
Nexstar Media Group
4.8234 of 5 stars
$161.84
-1.6%
$198.50
+22.7%
+9.8%$5.02B$4.93B9.3613,294Insider Selling
Analyst Revision
News Coverage
CETV
Central European Media Enterprises
N/A$4.57
flat
N/AN/A$1.16B$694.80M16.932,550
GTN
Gray Television
4.9624 of 5 stars
$4.39
-2.7%
N/A-39.0%$437.55M$3.28B2.939,923Earnings Report
Dividend Announcement
Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
FWONA
Formula One Group
2.2043 of 5 stars
$74.98
-0.4%
N/A+30.1%$17.62B$3.22B70.746,800Analyst Forecast
SBGI
Sinclair
4.4897 of 5 stars
$15.58
-4.8%
N/A+22.0%$1.03B$3.37B-4.727,300Upcoming Earnings
Dividend Announcement
Analyst Forecast
Positive News
EVC
Entravision Communications
1.87 of 5 stars
$2.54
-0.4%
N/A-36.1%$228.57M$578.05M-2.051,657Short Interest ↓
News Coverage
BBGI
Beasley Broadcast Group
3.4194 of 5 stars
$8.62
+2.5%
N/AN/A$13.12M$238.75M5.161,127Short Interest ↓
Gap Down
SALM
Salem Media Group
N/A$0.23
-8.0%
N/A-60.0%$6.26M$261.57M-0.681,436Gap Down
FOXA
FOX
3.3561 of 5 stars
$46.90
+2.4%
N/A+51.7%$21.58B$13.98B11.4710,200Analyst Upgrade
Short Interest ↓
Positive News
FOX
FOX
3.2374 of 5 stars
$43.65
+2.7%
N/A+52.3%$20.09B$13.98B10.6710,200Short Interest ↑
PARAA
Paramount Global
0.9641 of 5 stars
$22.15
+0.5%
N/A+35.3%$14.77B$29.65B-2.6924,500Analyst Revision

Related Companies and Tools


This page (NASDAQ:NXST) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners