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Nexstar Media Group (NXST) Competitors

$165.69
+2.23 (+1.36%)
(As of 05/31/2024 ET)

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

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), E.W. Scripps (SSP), Formula One Group (FWONA), Sinclair (SBGI), Entravision Communications (EVC), Beasley Broadcast Group (BBGI), Salem Media Group (SALM), FOX (FOXA), and FOX (FOX). 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 stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, community ranking, earnings, valuation, risk and media sentiment.

Nexstar Media Group currently has a consensus target price of $206.00, indicating a potential upside of 24.33%. Given Nexstar Media Group's higher possible upside, 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)
1 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.00
Central European Media Enterprises
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Nexstar Media Group has a beta of 1.5, suggesting that its stock price is 50% 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 has higher revenue and earnings than Central European Media Enterprises.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nexstar Media Group$4.93B1.10$346M$11.8214.02
Central European Media Enterprises$694.80M1.67$119.13MN/AN/A

In the previous week, Nexstar Media Group had 4 more articles in the media than Central European Media Enterprises. MarketBeat recorded 4 mentions for Nexstar Media Group and 0 mentions for Central European Media Enterprises. Nexstar Media Group's average media sentiment score of 1.25 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 Positive
Central European Media Enterprises Neutral

Nexstar Media Group received 306 more outperform votes than Central European Media Enterprises when rated by MarketBeat users. Likewise, 71.41% 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
517
71.41%
Underperform Votes
207
28.59%
Central European Media EnterprisesOutperform Votes
211
65.33%
Underperform Votes
112
34.67%

Central European Media Enterprises has a net margin of 16.08% compared to Nexstar Media Group's net margin of 8.29%. 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 Group8.29% 17.18% 3.40%
Central European Media Enterprises 16.08%33.21%7.32%

95.3% of Nexstar Media Group shares are owned by institutional investors. Comparatively, 20.8% of Central European Media Enterprises shares are owned by institutional investors. 5.9% of Nexstar Media Group shares are owned by insiders. Comparatively, 1.7% of Central European Media Enterprises shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

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

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NXST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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NXST vs. The Competition

MetricNexstar Media GroupTelevision broadcasting stations IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$5.44B$5.39B$6.79B$7.97B
Dividend Yield4.14%3.61%2.77%4.00%
P/E Ratio14.026.3515.7115.18
Price / Sales1.100.795.7893.40
Price / Cash4.274.7030.9731.51
Price / Book2.320.996.594.59
Net Income$346M$42.59M$188.19M$213.90M
7 Day Performance4.70%5.72%4.67%0.87%
1 Month Performance2.50%1.95%14.44%3.60%
1 Year Performance8.81%-9.79%10.67%7.91%

Nexstar Media Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CETV
Central European Media Enterprises
0 of 5 stars
$4.57
flat
N/AN/A$1.16B$694.80M16.932,550
GTN
Gray Television
4.4107 of 5 stars
$5.65
flat
$11.40
+101.9%
-11.2%$559.65M$3.28B-47.049,923
SSP
E.W. Scripps
4.3139 of 5 stars
$2.58
+4.9%
$9.50
+268.2%
-65.5%$220.31M$2.29B-0.225,200Short Interest ↓
Gap Up
FWONA
Formula One Group
2.7554 of 5 stars
$66.47
+1.2%
$77.75
+17.0%
+8.3%$15.62B$3.22B48.527,047Analyst Upgrade
Short Interest ↑
News Coverage
SBGI
Sinclair
4.3267 of 5 stars
$12.36
+0.3%
$18.14
+46.8%
-7.7%$817.99M$3.13B-1.747,300Dividend Announcement
EVC
Entravision Communications
1.8634 of 5 stars
$2.15
+1.9%
N/A-47.7%$192.02M$1.11B-2.861,657Short Interest ↓
Positive News
BBGI
Beasley Broadcast Group
1.3188 of 5 stars
$0.66
+1.5%
N/A-38.1%$20.02M$247.11M-0.281,127Short Interest ↓
SALM
Salem Media Group
0 of 5 stars
$0.35
+6.1%
N/A-67.6%$9.52M$266.97M0.001,436Gap Down
FOXA
FOX
3.11 of 5 stars
$33.50
-0.3%
$34.83
+4.0%
+10.4%$15.64B$13.92B10.5010,400Positive News
FOX
FOX
2.8891 of 5 stars
$31.09
-0.1%
N/A+9.3%$14.51B$13.92B9.7510,400

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This page (NASDAQ:NXST) was last updated on 6/1/2024 by MarketBeat.com Staff

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