Abraxas Petroleum (AXAS) Reaches $2.45 After 7.00% Down Move; Nexstar Media Group, Inc. (NXST) Covered By 12 Bullish Analysts Last Week

June 8, 2018 - By Steve Bissell

Nexstar Media Group, Inc. (NASDAQ:NXST) Logo

Among 12 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 12 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar Broadcasting Group had 34 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank initiated the shares of NXST in report on Friday, October 20 with “Buy” rating. Jefferies maintained Nexstar Media Group, Inc. (NASDAQ:NXST) rating on Sunday, October 22. Jefferies has “Buy” rating and $80.0 target. Wedbush maintained the shares of NXST in report on Wednesday, March 1 with “Outperform” rating. Wedbush maintained Nexstar Media Group, Inc. (NASDAQ:NXST) on Wednesday, November 9 with “Outperform” rating. The firm earned “Buy” rating on Monday, June 12 by Jefferies. The firm earned “Outperform” rating on Wednesday, January 18 by Wedbush. RBC Capital Markets maintained Nexstar Media Group, Inc. (NASDAQ:NXST) on Monday, November 6 with “Buy” rating. The company was maintained on Wednesday, March 1 by Benchmark. Noble Financial maintained Nexstar Media Group, Inc. (NASDAQ:NXST) on Wednesday, December 20 with “Buy” rating. Stephens initiated Nexstar Media Group, Inc. (NASDAQ:NXST) rating on Wednesday, November 18. Stephens has “Overweight” rating and $75 target. See Nexstar Media Group, Inc. (NASDAQ:NXST) latest ratings:

27/02/2018 Broker: Barrington Rating: Buy New Target: $105.0
14/02/2018 Broker: Guggenheim Rating: Buy New Target: $88.0 Maintain
04/01/2018 Broker: Wells Fargo Rating: Buy New Target: $102.0 Maintain
20/12/2017 Broker: Noble Financial Rating: Buy Maintain

The stock of Abraxas Petroleum Corporation (NASDAQ:AXAS) is a huge mover today! The stock decreased 5.04% or $0.13 during the last trading session, reaching $2.45. About 836,298 shares traded. Abraxas Petroleum Corporation (NASDAQ:AXAS) has risen 36.46% since June 8, 2017 and is uptrending. It has outperformed by 23.89% the S&P500. Some Historical AXAS News: ; 25/05/2018 – Abraxas Petroleum Closes Below 50-Day Moving Average; 08/05/2018 – Abraxas Petroleum 1Q Adj EPS 9c; 02/04/2018 – Abraxas Petroleum: Borrowing Base Under Revolving Credit Facility Increased by $40M to $175M; 08/05/2018 – ABRAXAS PETROLEUM CORP QTRLY PRODUCTION OF 944 MBOE; 30/03/2018 – As shale wells grow longer, buyouts attract hemmed in oil producers; 08/05/2018 – ABRAXAS SEES 2Q CAPEX $50M; 08/05/2018 – Abraxas Petroleum: Remediation Work Taking Place at a Caprito Well in Ward County, Texas; 08/05/2018 – Abraxas Petroleum 1Q Rev $40.6M; 30/05/2018 – Abraxas Petroleum Access Event Set By Stephens Inc for Jun. 6-7; 13/03/2018 – Abraxas Petroleum 4Q Loss/Shr 2cThe move comes after 9 months negative chart setup for the $404.58M company. It was reported on Jun, 8 by Barchart.com. We have $2.28 PT which if reached, will make NASDAQ:AXAS worth $28.32M less.

Nexstar Media Group, Inc. operates as a television broadcasting and digital media firm in the United States. The company has market cap of $3.20 billion. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. It has a 6.94 P/E ratio. The firm offers free over-the-air programming to television viewing audiences.

The stock increased 1.60% or $1.1 during the last trading session, reaching $69.9. About 383,683 shares traded. Nexstar Media Group, Inc. (NASDAQ:NXST) has risen 16.52% since June 8, 2017 and is uptrending. It has outperformed by 3.95% the S&P500. Some Historical NXST News: ; 14/03/2018 Karen Brophy Named Head of LAKANA and SVP Nexstar Digital LLC; 06/04/2018 – Nexstar Broadcasting, Inc. Issues Public Statement to Correct lnaccuracies Made by Former WHTM Anchor and Her Legal Counsel; 09/05/2018 – NEXSTAR MEDIA 1Q ADJ EBITDA $181.1M; 18/04/2018 – Fny Managed Accounts Buys New 2.2% Position in Nexstar Media; 17/05/2018 – Nexstar Media Favored by 10 Hedge Funds, 13Fs Show; 26/03/2018 – S&PGR Affirms Nexstar Media Group Rtgs; Outlook Remains Stable; 14/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Fred’s, Nexstar Broadcasting Group, CNO Financial Group, Ne; 09/05/2018 – Nexstar Media 1Q EPS $1.01; 01/05/2018 – Nexstar Media Group Board Of Directors Authorizes $200 Million Expansion Of Share Repurchase Program; 09/05/2018 – Nexstar Media 1Q Adjusted EBITDA of $181.1M

Another recent and important Nexstar Media Group, Inc. (NASDAQ:NXST) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Fred’s, Nexstar Broadcasting Group, CNO Financial …” on May 14, 2018.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.15, from 1.08 in 2017Q4. It dropped, as 30 investors sold Nexstar Media Group, Inc. shares while 78 reduced holdings. 38 funds opened positions while 62 raised stakes. 49.63 million shares or 0.38% more from 49.44 million shares in 2017Q4 were reported. Pinnacle Associates reported 126,909 shares. Nordea Mgmt Ab owns 0.01% invested in Nexstar Media Group, Inc. (NASDAQ:NXST) for 41,333 shares. Brown Advisory reported 0.07% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST). Dimensional Fund Advisors L P holds 1.60M shares or 0.04% of its portfolio. Penn Capital Mngmt Inc reported 273,656 shares. Comerica Comml Bank has invested 0.05% in Nexstar Media Group, Inc. (NASDAQ:NXST). Lapides Asset Mngmt accumulated 0.16% or 11,300 shares. Fmr Lc invested in 1.87 million shares or 0.01% of the stock. Citigroup stated it has 5,800 shares or 0% of all its holdings. Fincl Inc has invested 1.52% in Nexstar Media Group, Inc. (NASDAQ:NXST). Bluemountain Mngmt Ltd Limited Liability Company accumulated 204,991 shares or 0.31% of the stock. Hotchkis Wiley Management Limited holds 18,201 shares or 0% of its portfolio. Windacre Partnership Limited has invested 11.58% in Nexstar Media Group, Inc. (NASDAQ:NXST). Gamco Et Al owns 48,898 shares for 0.02% of their portfolio. Moreover, Icon Advisers Company has 0.04% invested in Nexstar Media Group, Inc. (NASDAQ:NXST).

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of gas and oil properties in the United States. The company has market cap of $404.58 million. The firm operates gas and oil assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. It has a 24.75 P/E ratio. As of December 31, 2016, its estimated net proved reserves were 44.7 million barrels of oil equivalent.

Among 11 analysts covering Abraxas Petroleum (NASDAQ:AXAS), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Abraxas Petroleum had 39 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, October 5 the stock rating was maintained by Stifel Nicolaus with “Buy”. Canaccord Genuity maintained Abraxas Petroleum Corporation (NASDAQ:AXAS) on Tuesday, May 8 with “Buy” rating. On Tuesday, December 19 the stock rating was initiated by Robert W. Baird with “Buy”. Seaport Global upgraded it to “Buy” rating and $2.5000 target in Friday, August 11 report. The rating was maintained by Canaccord Genuity on Tuesday, March 13 with “Buy”. The rating was maintained by Imperial Capital with “In-Line” on Friday, September 11. The stock of Abraxas Petroleum Corporation (NASDAQ:AXAS) has “Buy” rating given on Tuesday, November 7 by Canaccord Genuity. The firm earned “Buy” rating on Thursday, July 13 by Stifel Nicolaus. Euro Pacific Capital maintained Abraxas Petroleum Corporation (NASDAQ:AXAS) rating on Friday, September 4. Euro Pacific Capital has “Buy” rating and $2.5 target. The firm has “Buy” rating given on Friday, January 20 by Stifel Nicolaus.

More important recent Abraxas Petroleum Corporation (NASDAQ:AXAS) news were published by: Businesswire.com which released: “Abraxas Announces Resignation of Chief Financial Officer” on June 07, 2018, also Bizjournals.com published article titled: “Abraxas Petroleum executive resigns”, Seekingalpha.com published: “Abraxas Petroleum: Steady As She Goes” on May 11, 2018. More interesting news about Abraxas Petroleum Corporation (NASDAQ:AXAS) was released by: Streetinsider.com and their article: “After-Hours Stock Movers 06/07: (ZUMZ) (DOCU) (SFIX) Higher; (MVIS) (ITI) (ADMA) Lower (more…)” with publication date: June 07, 2018.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.39, from 1.25 in 2017Q4. It dived, as 16 investors sold Abraxas Petroleum Corporation shares while 49 reduced holdings. 18 funds opened positions while 38 raised stakes. 83.38 million shares or 2.45% more from 81.39 million shares in 2017Q4 were reported. Nordea Inv Ab reported 0% stake. Sg Americas Securities Ltd Llc reported 20,068 shares stake. Clarivest Asset Lc stated it has 1.20 million shares. Schwab Charles Investment Mgmt, a California-based fund reported 432,455 shares. Goldman Sachs Group Inc reported 228,831 shares. Texas-based King Luther Cap Mngmt has invested 0% in Abraxas Petroleum Corporation (NASDAQ:AXAS). Moreover, Plante Moran Financial Advsrs Ltd has 0% invested in Abraxas Petroleum Corporation (NASDAQ:AXAS). Gilder Gagnon Howe & Ltd Liability Co stated it has 341,123 shares or 0.01% of all its holdings. Aqr Cap Limited Liability accumulated 2.89 million shares. Invesco Ltd has 11,691 shares. Metropolitan Life Ins accumulated 44,529 shares or 0% of the stock. Lyon Street Capital Ltd Liability owns 653,840 shares or 0.47% of their US portfolio. Monarch Prtn Asset Limited Liability owns 175,065 shares. Ameritas Investment holds 0% or 12,335 shares in its portfolio. Advisory Ser Lc has 0% invested in Abraxas Petroleum Corporation (NASDAQ:AXAS) for 1,000 shares.

Analysts await Abraxas Petroleum Corporation (NASDAQ:AXAS) to report earnings on August, 14. They expect $0.06 earnings per share, up 500.00% or $0.05 from last year’s $0.01 per share. AXAS’s profit will be $9.91 million for 10.21 P/E if the $0.06 EPS becomes a reality. After $0.09 actual earnings per share reported by Abraxas Petroleum Corporation for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Abraxas Petroleum Corporation (NASDAQ:AXAS) Institutional Positions Chart

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