Nexstar Broadcasting Group Stock Price on November 11, 2024

NXST Stock  USD 158.61  0.37  0.23%   
Below is the normalized historical share price chart for Nexstar Broadcasting Group extending back to November 24, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nexstar Broadcasting stands at 158.61, as last reported on the 19th of December, with the highest price reaching 158.61 and the lowest price hitting 158.61 during the day.
IPO Date
24th of November 2003
200 Day MA
166.7911
50 Day MA
169.9104
Beta
1.477
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Nexstar Stock, it is important to understand the factors that can impact its price. Nexstar Broadcasting has Sharpe Ratio of -0.0153, which conveys that the firm had a -0.0153% return per unit of risk over the last 3 months. Nexstar Broadcasting exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nexstar Broadcasting's Standard Deviation of 2.09, mean deviation of 1.28, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
At this time, Nexstar Broadcasting's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 2.4 B in 2024, whereas Common Stock is likely to drop slightly above 427.5 K in 2024. . Price Earnings Ratio is likely to gain to 16.80 in 2024, whereas Price To Sales Ratio is likely to drop 0.93 in 2024. Nexstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0153

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Estimated Market Risk

 2.14
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nexstar Broadcasting is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nexstar Broadcasting by adding Nexstar Broadcasting to a well-diversified portfolio.
Price Book
2.2572
Enterprise Value Ebitda
5.7215
Price Sales
0.9441
Shares Float
29 M
Dividend Share
6.42

Related Headline

Advantage Solutions Headline on 11th of November 2024

Filed transaction by Advantage Solutions Director, Officer: Chief Executive Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Nexstar Broadcasting Valuation on November 11, 2024

It is possible to determine the worth of Nexstar Broadcasting on a given historical date. On November 11, 2024 Nexstar was worth 165.3 at the beginning of the trading date compared to the closed value of 169.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexstar Broadcasting stock. Still, in general, we apply an absolute valuation method to find Nexstar Broadcasting's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nexstar Broadcasting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexstar Broadcasting's related companies.
 Open High Low Close Volume
  183.90    183.90    162.25    164.35    1,148,413  
11/11/2024
  165.30    170.70    164.31    169.27    511,302  
  169.39    170.12    165.38    166.47    347,723  
Backtest Nexstar Broadcasting  |  Nexstar Broadcasting History  |  Nexstar Broadcasting Valuation   PreviousNext  
Open Value
165.3
158.87
Downside
169.27
Closing Value
171.73
Upside

Nexstar Broadcasting Trading Date Momentum on November 11, 2024

On November 12 2024 Nexstar Broadcasting Group was traded for  166.47  at the closing time. The top price for the day was 170.12  and the lowest listed price was  165.38 . The trading volume for the day was 347.7 K. The trading history from November 12, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.65% . The trading delta at closing time against the current closing price is 1.61% .

Nexstar Broadcasting Fundamentals Correlations and Trends

By evaluating Nexstar Broadcasting's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nexstar Broadcasting Stock history

Nexstar Broadcasting investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nexstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexstar Broadcasting will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nexstar Broadcasting stock prices may prove useful in developing a viable investing in Nexstar Broadcasting
Last ReportedProjected for Next Year
Common Stock Shares Outstanding35.8 M32.9 M
Net Income Applicable To Common Shares1.1 B1.2 B

Nexstar Broadcasting Quarterly Net Working Capital

575 Million

Nexstar Broadcasting Stock Technical Analysis

Nexstar Broadcasting technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nexstar Broadcasting technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nexstar Broadcasting trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nexstar Broadcasting Period Price Range

Low
December 19, 2024
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High

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Nexstar Broadcasting Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Nexstar Broadcasting December 19, 2024 Market Strength

Market strength indicators help investors to evaluate how Nexstar Broadcasting stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexstar Broadcasting shares will generate the highest return on investment. By undertsting and applying Nexstar Broadcasting stock market strength indicators, traders can identify Nexstar Broadcasting Group entry and exit signals to maximize returns

Nexstar Broadcasting Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nexstar Broadcasting's price direction in advance. Along with the technical and fundamental analysis of Nexstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexstar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Nexstar Stock Analysis

When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.