Extremely important negative changes in investment behavior have recently occurred for Nexstar Media Group Inc. (NASDAQ: NXST): its longer term price trend turned down, and its shorter term price trend turned down.
Nexstar Media Group Inc. (NASDAQ: NXST). Notable negative changes in fundamentals have recently occurred: the consensus estimate for December, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NXST is expected to continue to be a major Value Builder.
Nexstar Media Group has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Nexstar Media Group has a slightly negative Power Rating of 38 and a poor Appreciation Score of 30, leading to the Negative Value Trend Rating.
Recent Price Action
Nexstar Media Group Inc. (NASDAQ: NXST) stock increased 1.7% on 3/20/24. The shares closed at $166.82. However, this advance was accompanied by below average trading volume at 80% of normal. The stock has performed in line with the market over the last nine months and has risen 0.9% during the last week.
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