Nexstar (NXST, $82.64) to acquire Tribune Media (TRCO, $40.26) for $4.1 billion
American broadcasting giant Nexstar Media Group is set to overtake its arch rival, Sinclair Broadcast Group, (SBGI) which is currently the largest US local TV operator. Nexstar is set to become the largest local U.S. TV station operator by acquiring Tribune Media for ~$4.1 billion.
Although the news of this $4.1 billion deal became public on Sunday, no official announcement or details of the deal have been confirmed by any of the companies.
In all, Tribune, which emerged from bankruptcy in late 2012 and completed a spinoff of its newspaper assets in 2014, gets new life following Sinclair Group’s failed attempt to buy Tribune owing to regulatory hurdles.
Nexstar had outbid P-E firm Apollo Global Management (APO) in an all-cash offer valuing Tribune at ~$46.50/share, to win this deal.
If the deal makes it through the regulatory hurdle, it would surely make Nexstar the largest local TV station operator in the country, as it would add Tribune’s 42 stations to Nexstar’s portfolio of 174 stations.
With this deal, Nexstar would not only gain access to Tribune’s 50 million household reach, but it would also have access to Tribune’s national entertainment cable network WGN America – which again has a reach of more than 77 million households. Additionally, this deal would also give Nexstar access to the Food Network, where Tribune has a stake along with access to a number of websites which Tribune owns.
NXST sees MACD Histogram crosses below signal line
NXST saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 30, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 49 instances where the indicator turned negative. In of the 49 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for NXST moved out of overbought territory on May 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NXST declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for NXST entered a downward trend on June 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where NXST's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 18, 2025. You may want to consider a long position or call options on NXST as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for NXST crossed bullishly above the 50-day moving average on May 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The 50-day moving average for NXST moved above the 200-day moving average on June 18, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NXST advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .
NXST may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NXST’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.305) is normal, around the industry mean (1.346). P/E Ratio (8.756) is within average values for comparable stocks, (11.403). Projected Growth (PEG Ratio) (9.426) is also within normal values, averaging (4.774). Dividend Yield (0.041) settles around the average of (0.042) among similar stocks. P/S Ratio (1.027) is also within normal values, averaging (3.429).
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a provider of television broadcasting services
Industry Broadcasting
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