Nexstar Media Group, Inc. (NASDAQ:NXST) registered a 3.06% increase, still its new closing price is 97.65% up from the company’s 1 year high of 67.20.It posted 6.14% gains in previous 5 sessions and is now the subject of 0 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 8 stock analysts following this company have an average price target at $73.00, with individual PT in the $70.00-$75.00 range. The shares moved at $67.40, implying that brokerage firms see shares gaining about 63.12% in twelve months time.
Nexstar Media Group, Inc. (NXST) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 6.48% rise year to date. A CEO & President at Nexstar Media Group, Inc. (NXST) offloaded shares in a transaction closed on Sunday January 15, 2017. SOOK PERRY A sold 10,725 shares in the company at $62.26 each and collected $667,001 in proceeds. SOOK PERRY A now owns 990,231 shares in the company after this transaction. A SVP and Regional Manager in the company, Pruett Julie, disclosed a transaction on Friday December 23, 2016 that ended up generating $442,001 from the sale of 7,000 shares at $63.23 per share.
Nexstar Media Group, Inc. (NASDAQ:NXST) Upcoming Results on Tap
Nexstar Media Group, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.85 in that period. Sales during the quarter are predicted to arrive at $323 million.
Earnings surprise history: Last quarter, the company posted approximately $275.66 million in revenue and EPS of $0.78. The mean forecast was for $275.76 million and $0.85 a share, respectively. One quarter earlier, revenue for the stock was at $261.99 million, with earnings at $0.78/share.
Nexstar Media Group, Inc. (NXST) Brokerage Update
Nexstar Media Group, Inc. (NXST) is in Jefferies’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Jefferies, according to news reported on Tuesday September 29, 2015.Another important research note was issued by Gabelli & Co on Wednesday June 19, 2013.The firm downgraded NXST to Hold from Buy. Over the last six months and over the last three months, the shares of Nexstar Media Group, Inc. (NXST), have changed 37.99% and 38.80%, respectively.imaima
