Nexstar Media moved 3.1% this evening session, trading between a high of $143.32 and a low of $139.06 per share. Yesterday the stock finished at $138.48 per share, compared to an average analyst target price of $212.5.
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The mid-cap broadcasting company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.2%. Nexstar Media has trailing twelve months earnings per share (EPS) of 18.22, which at today's prices amounts to a price to earnings (P/E) ratio of 7.8.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.21. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2023-02-28 | 5,211,000 | -2,004,800 | 62 | 3.33 |
2022-02-28 | 4,648,400 | -1,862,400 | 60 | -3.23 |
2021-03-01 | 4,501,300 | -1,720,500 | 62 | 16.98 |
2020-03-02 | 3,039,324 | -1,433,650 | 53 | -11.67 |
2019-02-27 | 2,766,696 | -1,117,917 | 60 | 1.69 |
2018-03-01 | 2,431,966 | -993,405 | 59 |
At 59.3%, Nexstar Media's average gross margins are wider than the 40.03% average of its industry peer group, which suggests that the firm might have a competitive advantage.