Nexstar Broadcasting Group Inc (NXST) Stock Forecast & Price Target
Nexstar Broadcasting Group Inc · NASDAQ
$176.71-0.96 (-0.54%)
15-min delayed · Sep 4, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 6 firms covering Nexstar Broadcasting Group Inc, 6 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $220.00 to $290.00, so the covering firms are broadly aligned. The average target of $261.50 sits 48% above the current $176.71. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $15.67 next quarter toward $23.30 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Strong Buy
Strong Buy00%
Buy6100%
Hold00%
Sell00%
Strong Sell00%
Based on 6 analysts giving stock ratings to Nexstar Broadcasting Group Inc.
As of Sep, 6 of 6 firms rate NXST a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NXST EPS & revenue forecast
EPS · NEXT QUARTER
$15.67
Range $15.67 – $15.67 · 1 analysts · +186% YoY
Next period, 1 analysts expect Nexstar Broadcasting Group Inc to earn $15.67 a share (range $15.67 – $15.67), versus $5.48 a year earlier. Full-year consensus is $33.50, growing to $23.30 the year after.
REVENUE · NEXT QUARTER
$2.3B
Range $2.3B – $2.4B · 1 analysts · +81% YoY
Revenue is expected to reach $2.3B (range $2.3B – $2.4B), +81.3% year-over-year. Full-year consensus is $7.8B, rising to $7.6B next year.
Top analysts covering Nexstar Broadcasting Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NXST.
#1
Jason Bazinet
Citigroup · Rank #25
Buy
$220.00+24.5% to target
Overall win rate
60%
+ Follow
#2
Steven Cahall
Wells Fargo · Rank #38
Buy
$249.00+40.9% to target
Overall win rate
54%
+ Follow
#3
PS
Patrick Sholl
Barrington Research · Rank #218
Buy
$290.00+64.1% to target
Overall win rate
36%
+ Follow
#4
Curry Baker
Guggenheim · Rank #231
Buy
$270.00+52.8% to target
Overall win rate
38%
+ Follow
#5
Barton Crockett
Rosenblatt · Rank #332
Buy
$200.00+13.2% to target
Overall win rate
34%
+ Follow
NXST stock forecast FAQ
What is NXST's average 12-month price target?+
The 6 analysts with a live target average $261.50 for Nexstar Broadcasting Group Inc over the next 12 months, ranging from a $290.00 high to a $220.00 low.
Is NXST stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 6 analyst ratings, 6 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for NXST?+
The Street-high target is $290.00 (Barrington Research), and the Street-low is $220.00 (Citigroup). The average of all 6 active targets is $261.50.
How many Wall Street analysts cover NXST?+
6 analysts have an active rating on Nexstar Broadcasting Group Inc, and 6 firms carry a live 12-month price target.
Who is the most accurate analyst covering NXST?+
Among analysts who currently cover NXST, Jason Bazinet of Citigroup has the strongest overall Quantellect track record (Rank #25). Their current call is Buy with a $220.00 target.
What is Nexstar Broadcasting Group Inc's projected EPS for next quarter?+
The consensus estimate is $15.67 per share (range $15.67 – $15.67) across 1 analysts. Full-year EPS is projected at $33.50, rising to $23.30 the following year.
How much revenue is Nexstar Broadcasting Group Inc expected to report next quarter?+
Consensus revenue is $2.3B (range $2.3B – $2.4B). Full-year revenue is projected at $7.8B, growing to $7.6B next year.
Have analysts been upgrading or downgrading NXST lately?+
As of Sep, 6 of 6 firms rate NXST a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NXST calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
