Nexstar Media Group (NASDAQ:NXST) Seems To Be Using A Lot Of Debt
May 02
U.S. Broadcasting Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies18
- 7D5.2%
- 3M3.3%
- 1Y-7.1%
- YTDn/a
In the last week, the Broadcasting industry is up 5.1%, with Paramount Global up 8.5%. However, the industry is down 8.6% over the past year. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the U.S. Broadcasting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$33.9b | US$62.8b | -US$93,484,138.00 | 10.3x | -362.9x | 0.5x |
| Fri, 05 Apr 2024 | US$33.6b | US$62.3b | -US$819,797,138.00 | 10.9x | -40.9x | 0.5x |
| Sun, 03 Mar 2024 | US$31.7b | US$65.5b | -US$1,106,951,138.00 | 11.5x | -28.6x | 0.5x |
| Tue, 30 Jan 2024 | US$37.8b | US$67.6b | -US$132,206,883.00 | 13.3x | -286.1x | 0.6x |
| Thu, 28 Dec 2023 | US$36.1b | US$67.6b | -US$132,206,883.00 | 12.3x | -273.3x | 0.5x |
| Sat, 25 Nov 2023 | US$35.6b | US$67.6b | -US$74,326,883.00 | 11.1x | -479.4x | 0.5x |
| Mon, 23 Oct 2023 | US$32.9b | US$69.2b | US$394.3m | 7x | 83.4x | 0.5x |
| Wed, 20 Sep 2023 | US$35.8b | US$69.2b | US$394.3m | 6.6x | 90.7x | 0.5x |
| Fri, 18 Aug 2023 | US$38.8b | US$70.2b | US$402.1m | 7.3x | 96.6x | 0.6x |
| Sun, 16 Jul 2023 | US$40.9b | US$71.1b | US$2.2b | 8x | 18.7x | 0.6x |
| Tue, 13 Jun 2023 | US$41.3b | US$71.1b | US$2.2b | 7.2x | 18.9x | 0.6x |
| Thu, 11 May 2023 | US$39.3b | US$71.1b | US$2.2b | 6.9x | 18x | 0.6x |
| Sat, 08 Apr 2023 | US$47.2b | US$75.0b | US$6.6b | 6.5x | 7.2x | 0.6x |
| Mon, 06 Mar 2023 | US$49.9b | US$74.9b | US$6.6b | 6.9x | 7.6x | 0.7x |
| Wed, 01 Feb 2023 | US$52.7b | US$74.1b | US$8.4b | 6.6x | 6.3x | 0.7x |
| Fri, 30 Dec 2022 | US$44.8b | US$74.1b | US$8.4b | 5.4x | 5.3x | 0.6x |
| Sun, 27 Nov 2022 | US$47.8b | US$74.1b | US$8.4b | 5.8x | 5.7x | 0.6x |
| Tue, 25 Oct 2022 | US$47.7b | US$73.8b | US$9.1b | 8.4x | 5.2x | 0.6x |
| Thu, 22 Sep 2022 | US$52.6b | US$73.8b | US$9.1b | 8.6x | 5.8x | 0.7x |
| Sat, 20 Aug 2022 | US$57.7b | US$73.8b | US$9.1b | 8.8x | 6.3x | 0.8x |
| Mon, 18 Jul 2022 | US$54.0b | US$72.6b | US$9.2b | 7.8x | 5.9x | 0.7x |
| Wed, 15 Jun 2022 | US$54.0b | US$72.6b | US$9.2b | 7.5x | 5.9x | 0.7x |
| Fri, 13 May 2022 | US$71.2b | US$78.2b | US$8.1b | 10.9x | 8.8x | 0.9x |
| Sun, 10 Apr 2022 | US$82.8b | US$77.5b | US$8.3b | 11.7x | 10x | 1.1x |
| Tue, 08 Mar 2022 | US$86.5b | US$77.5b | US$8.3b | 11x | 10.4x | 1.1x |
| Thu, 03 Feb 2022 | US$83.7b | US$75.8b | US$7.9b | 8.5x | 10.6x | 1.1x |
| Sat, 01 Jan 2022 | US$75.9b | US$75.8b | US$7.9b | 8.2x | 9.6x | 1x |
| Mon, 29 Nov 2021 | US$79.9b | US$75.8b | US$7.9b | 8.6x | 10.1x | 1.1x |
| Wed, 27 Oct 2021 | US$85.5b | US$73.4b | US$8.6b | 10.8x | 10x | 1.2x |
| Fri, 24 Sep 2021 | US$86.0b | US$73.4b | US$8.6b | 10.2x | 10.1x | 1.2x |
| Sun, 22 Aug 2021 | US$85.6b | US$73.4b | US$8.5b | 9.4x | 10x | 1.2x |
| Fri, 09 Jul 2021 | US$93.6b | US$73.4b | US$8.5b | 9.9x | 11x | 1.3x |
Price to Earnings Ratio
13.3x
Current Industry PE
- Investors are pessimistic on the American Broadcasting industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- Total earnings for the Broadcasting industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 3.7% per year, which is driving profits down.
Industry Comparison
How does U.S. Broadcasting compare with similar industries?
| US Market | 3.31% | |
| Telecom | 5.24% | |
| Media | 3.38% | |
| Broadcasting | 5.20% | |
| Advertising | 5.36% | |
| Publishing | 4.42% | |
| Cable and Satellite | 2.16% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FOXA Fox | US$32.32 | 4.2% +US$622.1m | 2.0% | PE18.3x | |
| PARA Paramount Global | US$12.89 | 5.1% +US$419.9m | -18.7% | PS0.3x | |
| NXST Nexstar Media Group | US$166.39 | 4.0% +US$208.5m | 1.3% | PE15.8x | |
| TGNA TEGNA | US$14.65 | 7.4% +US$177.9m | -7.7% | PE5.4x | |
| AMCX AMC Networks | US$12.76 | 20.2% +US$94.3m | -20.8% | PE2.6x |