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:
Below please find a table outlining a discounted cash flow forecast for NXST, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Nexstar Media Group Inc ranked in the 83th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 523%. As for the metrics that stood out in our discounted cash flow analysis of Nexstar Media Group Inc, consider:
40% of the company's capital comes from equity, which is greater than only 13.93% of stocks in our cash flow based forecasting set.
Nexstar Media Group Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 0.91% of tickers in our DCF set.
Relative to other stocks in its sector (Consumer Cyclical), Nexstar Media Group Inc has a reliance on debt greater than 84.61% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Nexstar Media Group Inc? See CLAR, GEF, HOFT, ODP, and TLFA.
(Bloomberg) -- The Supreme Court suggested it will let the Federal Communications Commission ease limits on the ownership of local media outlets, giving the broadcast industry and President Donald Trump’s administration a mostly favorable reception in a long-running fight.Hearing arguments by phone Tuesday, the justices questioned a federal appeals court decision that blocked the changes. The appeals court told the FCC to first study the potential impact on female and minority ownership in the media industry.Republicans and the broadcast industry have been seeking to relax the ownership limits for decades, saying the restrictions are badly outdated. Easing the rules could mean a wave of consolidation affecting TV stations nationwide.“We’re stuck with rules from the 1970s that 20 years a...