Nexstar had an excellent first quarter, achieving top-line growth and margin expansion even after excluding the contributions from the March 19 acquisition of Tegna and political advertising. Nexstar remains subject to an injunction and litigation that threatens to undo the Tegna merger.
Owning Tegna gives Nexstar even more negotiating power to extract over pay TV distributors who will be unable to do without the size and scale the firm brings.
Advertising spending is increasingly being diverted from broadcast and traditional media to digital methods of delivery, threatening Nexstar’s advertising revenue.
|
Metric
|
NXST
|
FOXA
|
AMCX
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.33 | 13.88 | 6.34 |
Price/Book Value | 2.46 | 2.62 | 0.46 |
Price/Sales | 1.05 | 1.88 | 0.23 |
Price/Cash Flow | 5.36 | 9.94 | 0.53 |
|
Metric
|
NXST
|
FOXA
|
AMCX
|
|---|---|---|---|
Quick Ratio | 1.57 | 2.52 | 1.44 |
Current Ratio | 1.76 | 2.90 | 1.75 |
Interest Coverage | 1.41 | 6.45 | 1.38 |
|
Metric
|
NXST
|
FOXA
|
AMCX
|
|---|---|---|---|
Return on Assets (Normalized) | 4.51% | 10.31% | 2.17% |
Return on Equity (Normalized) | 25.77% | 20.15% | 9.29% |
Return on Invested Capital (Normalized) | 9.44% | 12.96% | 6.29% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Emmis Corp Class A
EMMS
| — | Njwx | — | |||
| SKY Perfect JSAT Corp ADR
SKPJY
| — | Dcgjtc | $6B | |||
| SKY Perfect JSAT Corp
SKPJF
| — | Bdwkvw | $6B | |||
| RTL Group SA ADR
RGLXY
| — | Jkq | $6B | |||
| Nippon Television Holdings Inc
NPTVF
| — | Xkjsv | $4B | |||
| ITV PLC
ITVPF
| — | Gqyk | $4B | |||
| Sinclair Inc Ordinary Shares - Class A
SBGI
| Txpfj | Thjgk | $1B | |||
| Cumulus Media Inc Class A
CMLSQ
| — | Swrq | $77,739 | |||
| Spanish Broadcasting System Inc Class A
SBSAA
| — | Tygt | $21,409 |
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United States