PARA vs. NXST, TGNA, PARAA, FOX, FWONA, NWS, SBGI, GTN, FOXA, and LNW
Should you be buying Paramount Global stock or one of its competitors? The main competitors of Paramount Global include Nexstar Media Group (NXST), TEGNA (TGNA), Paramount Global (PARAA), FOX (FOX), Formula One Group (FWONA), News (NWS), Sinclair (SBGI), Gray Television (GTN), FOX (FOXA), and Light & Wonder (LNW). These companies are all part of the "consumer discretionary" sector.
Paramount Global (NASDAQ:PARA) and Nexstar Media Group (NASDAQ:NXST) are both mid-cap communication services companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, risk, media sentiment, analyst recommendations, community ranking and institutional ownership.
In the previous week, Paramount Global had 2 more articles in the media than Nexstar Media Group. MarketBeat recorded 27 mentions for Paramount Global and 25 mentions for Nexstar Media Group. Nexstar Media Group's average media sentiment score of 0.39 beat Paramount Global's score of 0.28 indicating that Nexstar Media Group is being referred to more favorably in the news media.
Nexstar Media Group has a net margin of 8.29% compared to Paramount Global's net margin of -0.15%. Nexstar Media Group's return on equity of 17.18% beat Paramount Global's return on equity.
Paramount Global currently has a consensus price target of $13.58, suggesting a potential upside of 12.97%. Nexstar Media Group has a consensus price target of $206.00, suggesting a potential upside of 21.49%. 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 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 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.
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 company insiders. Comparatively, 5.9% of Nexstar Media Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
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, indicating that its share price is 74% more volatile than the S&P 500. Comparatively, Nexstar Media Group has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500.
Summary
Nexstar Media Group beats Paramount Global on 17 of the 21 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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