Nexstar Media Stock Fair Value Calculation – Barclays PLC Invests in Nexstar Media Group, with 2553 Share Purchase
February 3, 2023
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Nexstar Media Stock Fair Value Calculation – Barclays PLC recently announced that they had acquired 2553 shares of Nexstar Media ($NASDAQ:NXST) Group, Inc. (Nexstar). Nexstar is a leading diversified media company that is focused on the local television and digital media industry. The company also provides an array of digital marketing services, original programming, and other services to reach audiences through its broadcast, digital, and mobile platforms.
In addition, the company owns WGN America, a national cable entertainment network, and Antenna TV, a national broadcast television network, providing viewers with access to a wide variety of entertainment programming. These offerings are supported by a robust digital media operation that includes the WGN America app, WGN Radio app, as well as numerous other apps and websites. Nexstar has been able to create long-term value for shareholders through its strategy of focusing on local content, local audiences, and local advertising. This has allowed it to develop a portfolio of assets that are well positioned for the future of television broadcasting. By investing in Nexstar, Barclays PLC is betting on the company’s growth potential and its ability to create value for shareholders over the long term. Barclays PLC’s investment in Nexstar is an indication that they believe in the company’s vision and its potential for growth in the future.
Share Price
News coverage of the purchase has been mostly positive in response to the announcement. On Tuesday, NEXSTAR MEDIA opened at $201.7 and closed at $204.8, up 1.6% from the previous closing price of 201.5. This indicates that investors are confident in the stock and in the company’s future prospects. Its presence in local markets nationwide helps to provide communities with important, relevant content that informs and engages viewers. The company’s ability to stay ahead of the news and entertainment industry, while providing up-to-date programming and content, is an attractive prospect for investors.
With a strong presence in the television, radio, digital and mobile markets, Nexstar Media Group, Inc. is well positioned to benefit from further investments. Overall, the Barclays PLC investment in Nexstar Media Group, Inc., coupled with Tuesday’s stock performance, is a sign of confidence in the company’s future prospects. Investors are optimistic about the company’s ability to continue providing quality content to its viewers and staying ahead of the competition. With a strong presence in local markets nationwide, Nexstar Media Group, Inc. is well positioned to capitalize on future investments and opportunities. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nexstar Media. More…
| Total Revenues | Net Income | Net Margin |
| 4.97k | 1.03k | 20.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nexstar Media. More…
| Operations | Investing | Financing |
| 1.43k | -232.1 | -945.56 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nexstar Media. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.92k | 10.05k | 74.97 |
Key Ratios Snapshot
Some of the financial key ratios for Nexstar Media are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.0% | 32.4% | 32.3% |
| FCF Margin | ROE | ROA |
| 25.8% | 34.9% | 7.8% |
Analysis – Nexstar Media Stock Fair Value Calculation
NEXSTAR MEDIA is currently overvalued by GoodWhale’s proprietary Valuation Line, as the fair value of its share is estimated to be $166.3 while the stock is currently traded at $204.8. This results in a 23.1% overvaluation of NEXSTAR MEDIA share. GoodWhale’s Valuation Line is based on the analysis of the company’s fundamentals and provides investors with an accurate indication of the company’s fair market value. NEXSTAR MEDIA’s fundamentals are key to understanding the company and its current overvaluation. The company’s financial statements provide insight into its performance, including revenue, operating expenses, net income, and cash flow. By analyzing these figures, investors can gain an understanding of the company’s financial health and potential growth opportunities. Additionally, NEXSTAR MEDIA’s management team provides investors with insight into the company’s strategic plans and competitive position. In conclusion, GoodWhale’s Valuation Line provides investors with an accurate indication of the company’s fair market value. NEXSTAR MEDIA’s fundamentals are key to understanding the company and its current overvaluation. By analyzing these figures and management team insights, investors can make informed decisions about their investments in the company. More…
Peers
The company competes with Sinclair Broadcast Group Inc, Fox Corp, and Klassik Radio AG in the provision of local news and entertainment programming.
– Sinclair Broadcast Group Inc ($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
Nexstar Media Group, Inc. has recently seen an investment from Barclays PLC, with the purchase of 2553 shares. This is an indication that the company is a viable and attractive option for investors, as it has been met with largely positive news coverage. Nexstar Media Group, Inc. offers investors a diversified portfolio of media assets and a strong presence in local markets across the US. The investment opportunity provides a potential for growth through diversified revenue streams, such as broadcasting, digital media, and other associated opportunities.
The company also has a strong balance sheet, offering financial stability and potential for future returns. With a diverse range of assets and a promising outlook, Nexstar Media Group, Inc. is a great option for investors looking to diversify their portfolios.
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