Nexstar Broadcasting Group Inc (NXST) Stock Forecast & Price Target
Nexstar Broadcasting Group Inc · NASDAQ
$193.80+8.00 (+4.31%)
15-min delayed · Jul 28, 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 moderate buy consensus. Targets are tightly clustered, $220.00 to $290.00, so the covering firms are broadly aligned. The average target of $262.17 sits 35% above the current $193.80. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $8.83 next quarter toward $24.20 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Moderate Buy
Strong Buy00%
Buy6100%
Hold00%
Sell00%
Strong Sell00%
Based on 6 analysts giving stock ratings to Nexstar Broadcasting Group Inc.
As of Jul, 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
$8.83
Range $8.83 – $8.83 · 1 analysts · +744% YoY
Next period, 1 analysts expect Nexstar Broadcasting Group Inc to earn $8.83 a share (range $8.83 – $8.83), versus $1.05 a year earlier. Full-year consensus is $34.19, growing to $24.20 the year after.
REVENUE · NEXT QUARTER
$2.1B
Range $2.0B – $2.1B · 1 analysts · +74% YoY
Revenue is expected to reach $2.1B (range $2.0B – $2.1B), +74.0% year-over-year. Full-year consensus is $7.9B, rising to $7.7B 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 #19
Buy
$220.00+13.5% to target
Overall win rate
60%
+ Follow
#2
Steven Cahall
Wells Fargo · Rank #32
Buy
$253.00+30.5% to target
Overall win rate
55%
+ Follow
#3
Curry Baker
Guggenheim · Rank #181
Buy
$290.00+49.6% to target
Overall win rate
37%
+ Follow
#4
Barton Crockett
Rosenblatt · Rank #305
Buy
$200.00+3.2% to target
Overall win rate
32%
+ Follow
#5
James Goss
Barrington Research · Rank #336
Buy
$200.00+3.2% to target
Overall win rate
25%
+ Follow
NXST stock forecast FAQ
What is NXST's average 12-month price target?+
The 6 analysts with a live target average $262.17 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 Moderate 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 $262.17.
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 #19). 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 $8.83 per share (range $8.83 – $8.83) across 1 analysts. Full-year EPS is projected at $34.19, rising to $24.20 the following year.
How much revenue is Nexstar Broadcasting Group Inc expected to report next quarter?+
Consensus revenue is $2.1B (range $2.0B – $2.1B). Full-year revenue is projected at $7.9B, growing to $7.7B next year.
Have analysts been upgrading or downgrading NXST lately?+
As of Jul, 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.
