NXST vs. PARA, TGNA, TV, SBGI, GTN, SSP, EVC, PARAA, FOX, and FWONA
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 Formula One Group (FWONA). 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 analyst recommendations, valuation, profitability, media sentiment, dividends, earnings, institutional ownership, community ranking and risk.
Nexstar Media Group received 498 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 71.41% of users gave Nexstar Media Group an outperform vote while only 14.84% of users gave Paramount Global an outperform vote.
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.
In the previous week, Paramount Global and Paramount Global both had 26 articles in the media. Paramount Global's average media sentiment score of 0.43 beat Nexstar Media Group's score of 0.37 indicating that Nexstar Media Group is being referred to more favorably in the news media.
Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.7%. Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 4.0%. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Nexstar Media Group pays out 57.2% 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 has increased its dividend for 11 consecutive years. Nexstar Media Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
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 currently has a consensus target price of $13.58, suggesting a potential upside of 12.97%. Nexstar Media Group has a consensus target price of $206.00, suggesting a potential upside of 21.49%. Given Paramount Global's stronger consensus rating and higher probable upside, analysts plainly believe Nexstar Media Group is more favorable than Paramount Global.
Nexstar Media Group has a net margin of 8.29% compared to Nexstar Media Group's net margin of -0.15%. Paramount Global's return on equity of 17.18% beat Nexstar Media Group's return on equity.
73.0% of Paramount Global shares are held by institutional investors. Comparatively, 95.3% of Nexstar Media Group shares are held by institutional investors. 0.6% of Paramount Global shares are held by insiders. Comparatively, 5.9% of Nexstar Media Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Nexstar Media Group beats Paramount Global on 18 of the 21 factors compared between the two stocks.
Get Nexstar Media Group News Delivered to You Automatically
Sign up to receive the latest news and ratings for NXST and its competitors with MarketBeat's FREE daily newsletter.
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.
Skip ChartThis 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.
Skip Chart
Nexstar Media Group Competitors List
Related Companies and Tools