Is Nexstar a good stock to buy?
Nexstar Media Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
What does Nexstar media group do?
Nexstar Media Group, Inc. is America's largest local television and media company with 200 broadcast stations (including partner stations) in 116 markets addressing more than 68% of U.S. television households and a growing digital media operation.
What is a VGM Score?
We also produce the VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual Style Scores into one score. This is perfectly suited for those who want their stocks to have the best scores across the board.
Does Nexstar own CBS?
Nexstar's portfolio includes all primary major network affiliates, including ABC, CBS, NBC, Fox and The CW, as well as multicast network Antenna TV, and more.
What company owns Nexstar?
The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliates with the four "major" U.S. television networks, The CW, and MyNetworkTV....Nexstar Media Group.FormerlyNexstar Broadcasting Group, Inc. (1996–2017)Websitenexstar.tvFootnotes / references19 more rows
How good are Zacks ratings?
So, the question intelligent investors want to know is this: How reliable is the Zacks Rank at predicting future stock performance? Here is the answer to that question: Over the last 33 years, stocks that with a Zacks Rank of 1 have an average return of 25.6% versus the SP500's 11.2%!
Which is better Zacks or Morningstar?
Zacks is much more quantitative in nature, while Morningstar uses fundamental analysis as a larger part of its recommendations. Morningstar appears to base its recommendations on an unbiased scale, while the Zacks Investment Research rating system is based solely on giving its members the most potential for profit.
What is a good stock score?
Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. However, value investors often consider stocks with a P/B value under 3.0.
Nexstar Media Group (NXST)
Nexstar Media Group, Inc - Sell
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Chart for NXST
Zacks' proprietary data indicates that Nexstar Media Group, Inc is currently rated as a Zacks Rank 4 and we are expecting a below average return from the NXST shares relative to the market in the next few months.
Signals & Forecast
Nexstar Broadcasting Group currently owns, operates, programs or provides sales and other services to television stations in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and New York. Nexstar's television station group includes affiliates of NBC, CBS, ABC, FOX and UPN.
Support, Risk & Stop-loss
The Nexstar Broadcasting Group stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Nexstar Broadcasting Group stock A Buy?
Nexstar Broadcasting Group finds support from accumulated volume at $170.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Insiders are negative selling more shares than they are buying in Nexstar Broadcasting Group
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nexstar Broadcasting Group stock to perform well in the short-term.
About Nexstar Broadcasting Group
In the last 100 trades there were 1.26 million shares bought and 2.1 million shares sold. The last trade was done 23 days ago by Sook Perry A who sold 15.25 thousand shares. In general the insiders are selling more stocks than they buy. There can be a variety of reasons for this, but in general it can be considered as a negative signal.
Golden Star Signal
Nexstar Broadcasting Group, Inc. operates as a television broadcasting and digital media company in the United States. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. The company offers free over-the-air programming to television viewing audiences.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!