Barrington analyst James Goss reiterated a Buy rating on Nexstar Media Group (NASDAQ:NXST) Inc on Wednesday, setting a price target of $115, which is approximately 21.32% above the present share price of $94.79.
Goss expects Nexstar Media Group Inc to post earnings per share (EPS) of $4.24 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Nexstar Media Group, with an average price target of $128.33.
The analysts price targets range from a high of $140 to a low of $115.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.12 billion and a net profit of $330.72 million. The company's market cap is $4.17 billion.
According to TipRanks.com, Barrington analyst James Goss is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.8% and a 43.27% success rate.
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company. It focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the U.S. The company provides services free over-the-air programming which includes programs produced by networks with which the stations are affiliated; programs that the stations produce; and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. Nexstar Media Group was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.