Nexstar Media Intrinsic Value Calculation – Ronald Blue Trust Increases Investment in Nexstar Media Group,

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Ronald Blue Trust Inc. has recently increased its ownership in Nexstar Media ($NASDAQ:NXST) Group, Inc., one of the nation’s largest television broadcasting companies. Over its two decades of operation, Nexstar has seen tremendous growth, due in part to its ability to provide engaging local content and excellent customer service. Nexstar Media is a publicly traded company based in Irving, Texas and is traded on the Nasdaq Global Select Market under the symbol “NXST.” This increase in value has made Nexstar Media an attractive investment for many investors.

This backing will no doubt help the company continue to grow and provide value to its shareholders. With a reliable financial partner on board, Nexstar Media is in an ideal position to expand its operations and further increase its market share.

Stock Price

Following this announcement, NEXSTAR MEDIA stock opened at $167.3 and closed at $167.1, representing a slight 0.3% increase from its prior closing price of 166.6. This increase in investment comes as NEXSTAR MEDIA has reported strong growth and profitability in recent years. The company has seen consistent increases in its revenue, operating profits, and stock price over the past five years and is well positioned for further growth in the future. With the additional support from Ronald Blue Trust Inc., investors are optimistic about NEXSTAR MEDIA’s long-term prospects. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Nexstar Media. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Nexstar Media. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Nexstar Media. More…

Key Ratios Snapshot

Some of the financial key ratios for Nexstar Media are shown below. More…

Analysis – Nexstar Media Intrinsic Value Calculation

At GoodWhale, we conducted an analysis of NEXSTAR MEDIA‘s wellbeing and have identified that the intrinsic value of NEXSTAR MEDIA’s share is around $186.5, which we calculated by our proprietary Valuation Line. Currently, NEXSTAR MEDIA’s stock is traded at $167.1, a fair price that is undervalued by 10.4%. This discrepancy between the intrinsic value of the stock and its actual trading price presents an opportunity for potential investors to buy the stock at a discounted rate. More…

Peers

The company competes with Sinclair Broadcast Group Inc, Fox Corp, and Klassik Radio AG in the provision of local news and entertainment programming.

– Sinclair Broadcast Group Inc ($NASDAQ:SBGI)

Sinclair Broadcast Group Inc is a publicly traded company with a market cap of 1.26B as of 2022. The company operates in the broadcasting industry and owns and operates, programs, or provides sales and other services to television stations in the United States. As of 2018, Sinclair Broadcast Group Inc operated a total of 193 television stations. The company also owns and operates four regional sports networks, a digital program network, and a cable network channel.

– Fox Corp ($NASDAQ:FOXA)

Fox Corporation is an American media company that is primarily involved in the production and distribution of news and entertainment content. The company has a market capitalization of 15.38 billion as of 2022 and a return on equity of 11.49%. Fox Corporation is the parent company of a number of media businesses, including the Fox News Channel, Fox Business Network, Fox Sports, and Fox Television Stations.

– Klassik Radio AG ($LTS:0EXW)

Klassik Radio AG is a German radio station that offers a wide range of classical music. It has a market cap of 22.97M as of 2022 and a return on equity of 14.02%. The company’s mission is to promote the appreciation of classical music and to make it accessible to as many people as possible.

Summary

Ronald Blue Trust Inc. recently increased its stake in Nexstar Media Group, Inc, a media and entertainment company. This is seen as a sign of confidence in the company’s future prospects. Analysts have said that this purchase could signal a bullish view on the company’s prospects, particularly from the perspective of long-term investors.

Nexstar Media Group has also made strategic acquisitions that have proven to expand their reach in the media and entertainment industry. Investors are encouraged by these developments and expect the company to continue to grow in the long run.