Excluding Tegna, which is now included in Nexstar's results but still prohibited from being integrated pending DirecTV's lawsuit, Nexstar second-quarter revenue rose 5% from last year, while its adjusted EBITDA margin expanded by 270 basis points, both driven by strength in political advertising.
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) | 9.61 | 12.03 | 20.13 |
Price/Book Value | 2.41 | 2.36 | 0.56 |
Price/Sales | 0.93 | 1.68 | 0.28 |
Price/Cash Flow | 4.91 | 8.17 | 0.63 |
|
Metric
|
NXST
|
FOXA
|
AMCX
|
|---|---|---|---|
Quick Ratio | 1.40 | 2.87 | 1.41 |
Current Ratio | 1.56 | 3.17 | 1.76 |
Interest Coverage | 1.43 | 6.36 | 0.86 |
|
Metric
|
NXST
|
FOXA
|
AMCX
|
|---|---|---|---|
Return on Assets (Normalized) | 4.12% | 10.66% | 0.94% |
Return on Equity (Normalized) | 25.83% | 20.63% | 3.89% |
Return on Invested Capital (Normalized) | 8.87% | 13.43% | 5.33% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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EMMS
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| RTL Group SA ADR
RGLXY
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NPTVF
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FJTNY
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SKPJY
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SKPJF
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| Sinclair Inc Ordinary Shares - Class A
SBGI
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| Cumulus Media Inc Class A
CMLSQ
| — | LOCK|B! | $150,178 | |||
| Spanish Broadcasting System Inc Class A
SBSAQ
| — | LOCK|tF@ | $43,675 |
United States