Nexstar Broadcasting Group, Inc. ($NXST) Possible Buy to $60 Confident Investor Rating: Good

Company name Nexstar Broadcasting Group, Inc.
Stock ticker NXST
Live stock price [stckqut]NXST[/stckqut]
P/E compared to competitors Good


Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good


Confident Investor Rating Good
Target stock price (TWCA growth scenario) $81.68
Target stock price (averages with growth) $42.8
Target stock price (averages with no growth) $5.29
Target stock price (manual assumptions) $64.07

The following company description is from Google Finance:

Nexstar Broadcasting, Inc. (Nexstar) is a television broadcasting and digital media company focused on the acquisition, development and operation of television (TV) stations and interactive community Websites in the United States. As of December 31, 2011, it owned, operated, programmed or provided sales and other services to 55 television stations and 11 digital multi-cast channels, including those owned by Mission, in 32 markets. In December 2012, the Company divested KBTV, the FOX affiliate serving Beaumont/Port Arthur, Texas to San Antonio Television LLC and Deerfield Media [Port Arthur] Licensee, LLC. In December 2012, it acquired 10 television stations and two associated digital sub-channels in seven markets as well as the Inergize Digital e-Media operations from entities controlled by privately-held Newport Television, LLC (Newport). In January 2013, the Company announced that Mission Broadcasting, Inc., acquired two television stations in Little Rock, AR.


Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Nexstar Broadcasting Group, Inc.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

Stock price at the time of the calculation: $52.9

Growth: 0.15

Current EPS (TTM): $5.4

P/E: 9.5

Future EPS Calc: $10.86

Future Stock Price Calc: $103.18

Target stock price: $64.06

I hope that this makes you a better investor. [/s2If]

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