Nexstar Broadcasting Group operates as a television broadcasting and digital media company in the United States. The company was founded in 1996 and is based in Irving, Texas.
NXST Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Nexstar Media Group Inc. To summarize, we found that Nexstar Media Group Inc ranked in the 79th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Nexstar Media Group Inc, consider:
The compound growth rate in the free cash flow of Nexstar Media Group Inc over the past 5.5 years is 0.37%; that's higher than 80.92% of free cash flow generating stocks in the Consumer Cyclical sector.
33% of the company's capital comes from equity, which is greater than merely 16.49% of stocks in our cash flow based forecasting set.
The business' balance sheet suggests that 67% of the company's capital is sourced from debt; this is greater than 83.47% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
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Nexstar Media Group (NXST) is up 3% after Guggenheim raised its price target, calling it a top pick among the local TV broadcasters. It's updated its model with higher estimates for EBITDA and free cash flow (with exceptional FCF yield), admitting evidence that ad trends are better than expected. That...
Four of Salt Lake City's leading local television stations – KUTV (CBS), KTVX (ABC), KUCW (CW) and KJZZ-TV (Ind), today became among the first in the nation to begin broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Based on the same fundamental technology as the Internet, digital apps, and other web services, NEXTGEN TV can support a wide range of features currently in development, such as immersive audio and video (up to 4K), broadcasting to mobile devices, personalized viewing tools, and advanced emergency alerts that provide rich media rather than simple text messages. NEXTGEN TV also allows full integration with 5G and other broadband-delivered Internet content.
Post his 17-year tenure at Nexstar Broadcasting' ([[NXST]] +0.9%), EVP and COO Brian Jones would retire from his post effective August 1, 2020.He played a major role in supporting the company's growth and expansion in its local television station group and had oversight responsibility of the digital local market offerings....
IRVING, Texas--(BUSINESS WIRE)--Nexstar Broadcasting, Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that Executive Vice President and Chief Operating Officer, Brian Jones, will retire August 1, 2020, following a 40-year career in the broadcast industry. Mr. Jones joined Nexstar in 2003 as Senior Vice President and Regional Manager and was named Executive Vice President and Co-Chief Operating Officer of Nexstar Broadcasting in 2008. During his 17-ye