NXST Stock Analysis — Nexstar Media Group
Sector: Media
AI Verdict
You're paying a bargain price for huge growth if Nexstar delivers, but the gap between last year's earnings and next year's forecast makes this a high-risk, high-reward bet even with its local content moat.
Competitive Moat
Nexstar owns and operates the largest portfolio of local television stations in the U.S., giving it unique leverage in retransmission negotiations and local ad sales. Its scale and exclusive local content create high switching costs for advertisers and cable operators.
Summary
Earnings are expected to surge by 491.7% next year, making the stock's forward valuation a standout.
Where It Stands
NXST trades at 8.9x next year's earnings versus a trailing P/E of 52.8x and is pricing in a massive 491.7% EPS jump after a year of -4.6% revenue decline.
Key Metrics
- Trailing P/E: 52.8x
- Forward P/E: 8.9x
- PEG Ratio: 0.11
- Earnings Growth: +4.9%
- Revenue Growth: -0.0%
- Dividend Yield: 0.04%
- 52-Week High: $254.30
- 52-Week Low: $164.00
Analyst Consensus
12 Buy · 2 Hold · 0 Sell (14 analysts)
Bull Case
With a forward P/E of 8.9x and consensus calling for 491.7% EPS growth, the stock is cheap for the explosive rebound analysts expect.
Bear Case
If the 52.8x trailing P/E compresses to the 8.9x forward multiple without the forecasted earnings materializing, the stock could see a sharp correction.
Catalyst to Watch
Watch for quarterly earnings—any sign that the 491.7% EPS growth is tracking ahead or behind will move the stock.