PARA vs. NXST, FOX, NWS, TGNA, FWONA, PARAA, FOXA, PSO, HAS, and ROKU
Should you be buying Paramount Global stock or one of its competitors? The main competitors of Paramount Global include Nexstar Media Group (NXST), FOX (FOX), News (NWS), TEGNA (TGNA), Formula One Group (FWONA), Paramount Global (PARAA), FOX (FOXA), Pearson (PSO), Hasbro (HAS), and Roku (ROKU). These companies are all part of the "consumer discretionary" sector.
Paramount Global (NASDAQ:PARA) and Nexstar Media Group (NASDAQ:NXST) are both mid-cap consumer discretionary companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, dividends, risk, earnings, community ranking, valuation and media sentiment.
Paramount Global presently has a consensus price target of $13.58, suggesting a potential upside of 4.05%. Nexstar Media Group has a consensus price target of $198.29, suggesting a potential upside of 15.08%. Given Nexstar Media Group's stronger consensus rating and higher possible upside, analysts clearly believe Nexstar Media Group is more favorable than Paramount Global.
Paramount Global has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500. Comparatively, Nexstar Media Group has a beta of 1.5, suggesting that its share price is 50% more volatile than the S&P 500.
Nexstar Media Group has lower revenue, but higher earnings 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.
Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.5%. Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 3.9%. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Nexstar Media Group pays out 70.2% 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.
Nexstar Media Group received 496 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 71.33% of users gave Nexstar Media Group an outperform vote while only 14.84% of users gave Paramount Global an outperform vote.
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.
In the previous week, Paramount Global had 27 more articles in the media than Nexstar Media Group. MarketBeat recorded 46 mentions for Paramount Global and 19 mentions for Nexstar Media Group. Nexstar Media Group's average media sentiment score of 0.86 beat Paramount Global's score of 0.10 indicating that Nexstar Media Group is being referred to more favorably in the news media.
73.0% of Paramount Global shares are owned by institutional investors. Comparatively, 95.3% of Nexstar Media Group shares are owned by institutional investors. 0.5% of Paramount Global shares are owned by company insiders. Comparatively, 5.9% of Nexstar Media Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Summary
Nexstar Media Group beats Paramount Global on 15 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PARA 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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