|Company name||Nexstar Media Group Inc|
|Live stock price||[stckqut]NXST[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$114.82|
|Target stock price (averages with growth)||$169.04|
|Target stock price (averages with no growth)||$114.82|
|Target stock price (manual assumptions)||$113.75|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/nxst
Nexstar Media Group, Inc., formerly Nexstar Broadcasting Group, Inc., incorporated on May 17, 2001, is a television broadcasting and digital media company. The Company is focused on the acquisition, development, and operation of television stations and interactive community Websites, and digital media services in medium-sized markets in the United States. The Company's segments include Broadcasting and Other. The Company's broadcast segment includes television stations and related community-focused Websites that it owns, operates, programs or provides sales and other services to various markets across the United States. The other activities of the Company include corporate functions, eliminations, and other operations. As of December 31, 2016, it owned, operated, programmed or provided sales and other services to 104 full-power television stations in 62 markets in the states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Missouri, Montana, Nevada, New York, North Dakota, Pennsylvania, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia and Wisconsin.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Nexstar Media Group Inc as long as the indicators that I describe in my book The Confident Investor are favorable. I will be adding Nexstar to my Watch List.
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How was this analysis of Nexstar Media Group Inc calculated?
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