Nexstar Broadcasting Group Stock Price on May 12, 2024
| NXST Stock | USD 158.25 0.62 0.39% |
Below is the normalized historical share price chart for Nexstar Broadcasting Group extending back to November 24, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nexstar Broadcasting stands at 158.25, as last reported on the 26th of May, with the highest price reaching 159.95 and the lowest price hitting 155.95 during the day.
If you're considering investing in Nexstar Stock, it is important to understand the factors that can impact its price. We consider Nexstar Broadcasting very steady. Nexstar Broadcasting has Sharpe Ratio of 0.0064, which conveys that the firm had a 0.0064% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Nexstar Broadcasting, which you can use to evaluate the volatility of the firm. Please verify Nexstar Broadcasting's Mean Deviation of 1.65, standard deviation of 2.05, and Risk Adjusted Performance of (0.01) to check out if the risk estimate we provide is consistent with the expected return of 0.0128%.
At this time, Nexstar Broadcasting's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 2.4 B in 2024, whereas Common Stock is likely to drop slightly above 427.5 K in 2024. . Price Earnings Ratio is likely to gain to 16.80 in 2024, whereas Price To Sales Ratio is likely to drop 0.93 in 2024. Nexstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of November 2003 | 200 Day MA 157.6442 | 50 Day MA 165.7746 | Beta 1.498 |
Nexstar |
Sharpe Ratio = 0.0064
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| Negative Returns | NXST |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexstar Broadcasting is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nexstar Broadcasting by adding Nexstar Broadcasting to a well-diversified portfolio.
Price Book 2.3233 | Enterprise Value Ebitda 6.7581 | Price Sales 1.0828 | Shares Float 30.8 M | Dividend Share 5.74 |
Nexstar Broadcasting Main Headline on 10th of May 2024
Sam Rubin, longtime entertainment anchor for KTLA in Los Angeles, has died at the age of 64, fellow anchor Frank Buckley announced on air Friday.
Nexstar Broadcasting Valuation on May 12, 2024
It is possible to determine the worth of Nexstar Broadcasting on a given historical date. On May 12, 2024 Nexstar was worth 178.0 at the beginning of the trading date compared to the closed value of 172.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexstar Broadcasting stock. Still, in general, we apply an absolute valuation method to find Nexstar Broadcasting's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nexstar Broadcasting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexstar Broadcasting's related companies.
| Open | High | Low | Close | Volume | |
| 171.60 | 179.92 | 166.61 | 177.94 | 587,333 | |
05/10/2024 | 178.00 | 178.00 | 171.34 | 172.30 | 341,557 |
| 177.38 | 178.00 | 173.78 | 174.21 | 354,954 |
| Backtest Nexstar Broadcasting | | | Nexstar Broadcasting History | | | Nexstar Broadcasting Valuation | Previous | Next |
Nexstar Broadcasting Trading Date Momentum on May 12, 2024
| On May 13 2024 Nexstar Broadcasting Group was traded for 174.21 at the closing time. The top price for the day was 178.00 and the lowest listed price was 173.78 . The trading volume for the day was 355 K. The trading history from May 13, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.11% . The trading delta at closing time against the current closing price is 1.59% . |
Nexstar Broadcasting Fundamentals Correlations and Trends
By evaluating Nexstar Broadcasting's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexstar Broadcasting Stock history
Nexstar Broadcasting investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nexstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexstar Broadcasting will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nexstar Broadcasting stock prices may prove useful in developing a viable investing in Nexstar Broadcasting
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.8 M | 32.9 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.2 B |
Nexstar Broadcasting Quarterly Net Working Capital |
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Nexstar Broadcasting Stock Technical Analysis
Nexstar Broadcasting technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Nexstar Broadcasting Period Price Range
Low | May 10, 2024
| High |
178.00 | 172.30 |
Nexstar Broadcasting May 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexstar Broadcasting stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexstar Broadcasting shares will generate the highest return on investment. By undertsting and applying Nexstar Broadcasting stock market strength indicators, traders can identify Nexstar Broadcasting Group entry and exit signals to maximize returns
| Accumulation Distribution | 12779.6 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 174.67 | |||
| Day Typical Price | 173.88 | |||
| Price Action Indicator | (5.22) | |||
| Period Momentum Indicator | (14.05) | |||
| Relative Strength Index | 61.17 |
Nexstar Broadcasting Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexstar Broadcasting's price direction in advance. Along with the technical and fundamental analysis of Nexstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexstar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.06) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Nexstar Stock analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.
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Is Nexstar Broadcasting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.737 | Dividend Share 5.74 | Earnings Share 11.84 | Revenue Per Share 143.769 | Quarterly Revenue Growth 0.021 |
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.