NXST vs. PARA, TGNA, TV, SBGI, GTN, SSP, EVC, PARAA, FOX, and NWS
Should you be buying Nexstar Media Group stock or one of its competitors? The main competitors of Nexstar Media Group include Paramount Global (PARA), TEGNA (TGNA), Grupo Televisa, S.A.B. (TV), Sinclair (SBGI), Gray Television (GTN), E.W. Scripps (SSP), Entravision Communications (EVC), Paramount Global (PARAA), FOX (FOX), and News (NWS). These companies are all part of the "consumer discretionary" sector.
Nexstar Media Group (NASDAQ:NXST) and Paramount Global (NASDAQ:PARA) are both mid-cap consumer discretionary companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, analyst recommendations, risk, valuation, institutional ownership, community ranking, earnings and media sentiment.
Nexstar Media Group has higher earnings, but lower revenue than Paramount Global. Paramount Global is trading at a lower price-to-earnings ratio than Nexstar Media Group, indicating that it is currently the more affordable of the two stocks.
Nexstar Media Group received 494 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 71.25% of users gave Nexstar Media Group an outperform vote while only 15.08% of users gave Paramount Global an outperform vote.
Nexstar Media Group presently has a consensus price target of $193.83, indicating a potential upside of 16.57%. Paramount Global has a consensus price target of $13.58, indicating a potential downside of 4.64%. Given Nexstar Media Group's stronger consensus rating and higher probable upside, analysts clearly believe Nexstar Media Group is more favorable than Paramount Global.
Nexstar Media Group has a beta of 1.5, meaning that its stock price is 50% more volatile than the S&P 500. Comparatively, Paramount Global has a beta of 1.74, meaning that its stock price is 74% more volatile than the S&P 500.
95.3% of Nexstar Media Group shares are owned by institutional investors. Comparatively, 73.0% of Paramount Global shares are owned by institutional investors. 5.9% of Nexstar Media Group shares are owned by insiders. Comparatively, 0.5% of Paramount Global shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Nexstar Media Group has a net margin of 7.03% compared to Paramount Global's net margin of -0.15%. Nexstar Media Group's return on equity of 14.06% beat Paramount Global's return on equity.
Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 4.1%. Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.4%. Nexstar Media Group pays out 70.2% of its earnings in the form of a dividend. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
In the previous week, Paramount Global had 71 more articles in the media than Nexstar Media Group. MarketBeat recorded 80 mentions for Paramount Global and 9 mentions for Nexstar Media Group. Paramount Global's average media sentiment score of 0.24 beat Nexstar Media Group's score of 0.19 indicating that Paramount Global is being referred to more favorably in the news media.
Summary
Nexstar Media Group beats Paramount Global on 14 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NXST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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