Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Nexstar Broadcasting Group, Inc / Equity Bottom-Up

<ul><li>Nexstar Media Group's second quarter of 2025 results revealed a mix of positive achievements and ongoing challenges, shaping a comprehensive investment thesis for the company.</li><li>The company's net revenue stood at $1.23 billion, representing a decline of 3.2% compared to last year, largely due to decreased political advertising.</li><li>Despite this decline, Nexstar's financial stability was upheld by adjusted EBITDA of $389 million and adjusted free cash flow of $101 million, reflecting effective expense management amidst a challenging advertising landscape.</li></ul>

Nexstar Media Group's second quarter of 2025 results revealed a mix of positive achievements and ongoing challenges, shaping a comprehensive investment thesis for the company.The company's net revenue stood at $1.23 billion, representing a decline of 3.2% compared to last year, largely due to decreased political advertising.Despite this decline, Nexstar's financial stability was upheld by adjusted EBITDA of $389 million and adjusted free cash flow of $101 million, reflecting effective expense management amidst a challenging advertising landscape.

Nexstar Media Group: Strategic M&A & Capital Allocation to Improve Its Competitive Positioning & Fuel Long-Term Growth!

Podcast by Dom Cooke to explore big businesses, Business Breakdowns

Business Breakdowns

Podcast by Dom Cooke to explore big businesses

Learn how companies work from the people who know them best. We do deep research and interview industry veterans, investment professionals, and corporate executives to explain the inner workings of public stocks and private businesses. For each company, we break down their history, business model, financial statements, secret sauce, and bull/bear case. We believe every business has lessons to teach us and Breakdowns is here to highlight them. Learn more and stay up to date at www.joincolossus.com.

<ul><li>Simeon McMillan, founder of Accrued Interest, has a unique perspective on the broadcast television industry, with experience as a banker and executive in prominent media companies.</li><li>The broadcast television industry has evolved from the hub and spoke model of major networks to a more consolidated landscape, with companies like Nexstar Media Group emerging as major players.</li><li>McMillan will discuss the revenue streams, impact of cord cutting, and strategic investments within the industry, providing insights into the structure and evolution of broadcast television.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>

Simeon McMillan, founder of Accrued Interest, has a unique perspective on the broadcast television industry, with experience as a banker and executive in prominent media companies.The broadcast television industry has evolved from the hub and spoke model of major networks to a more consolidated landscape, with companies like Nexstar Media Group emerging as major players.McMillan will discuss the revenue streams, impact of cord cutting, and strategic investments within the industry, providing insights into the structure and evolution of broadcast television.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Nexstar Media: Broadcasting's Biggest Bet - [Business Breakdowns, EP.221]

<ul><li>Nexstar Media Group, a significant player in the broadcast television industry, delivered record financial results in the fourth quarter of 2024.</li><li>The company reported $5.4 billion in total net revenue for the year, marking the highest in its 28-year history.</li><li>This performance was primarily driven by a strong political advertising cycle and growth in distribution revenue, alongside the company's strategic positioning in nearly 85% of competitive election markets.</li></ul>

Nexstar Media Group, a significant player in the broadcast television industry, delivered record financial results in the fourth quarter of 2024.The company reported $5.4 billion in total net revenue for the year, marking the highest in its 28-year history.This performance was primarily driven by a strong political advertising cycle and growth in distribution revenue, alongside the company's strategic positioning in nearly 85% of competitive election markets.

Nexstar Media Group’s Bold Play on Political Ads & Digital Power Could Shock the Industry; What Lies Ahead?

Nexstar Media Group’s Focus On Live Sports, Leaner Ops, & Next-Gen TV—Is It Time To Bet Big?

<ul><li>Nexstar Media Group reported its third-quarter 2024 financial results, delivering record high revenues and showcasing strong operational performance in a challenging media landscape.</li><li>The company achieved its highest third-quarter total net revenue, driven by record-setting distribution and political advertising revenues.</li><li>The financial results reflect a solid balance between increasing revenues and maintaining cost efficiency, showcasing Nexstar's ability to leverage its extensive media assets effectively.</li></ul>

Nexstar Media Group reported its third-quarter 2024 financial results, delivering record high revenues and showcasing strong operational performance in a challenging media landscape.The company achieved its highest third-quarter total net revenue, driven by record-setting distribution and political advertising revenues.The financial results reflect a solid balance between increasing revenues and maintaining cost efficiency, showcasing Nexstar's ability to leverage its extensive media assets effectively.

Nexstar Media Group’s Deregulation Agenda: A Game-Changing Strategy to Save Local Journalism! - Major Drivers

United States

Nexstar Broadcasting Group, Inc, is a television broadcasting company focused on the acquisition, development, and operation of television stations in medium using traditional media, e-MEDIA, digital and mobile media platforms. Nexstar Broadcasting Group, Inc offers its services in the central east part of United States.

Nexstar Broadcasting Group, Inc (NXST US)

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Nexstar Broadcasting Group, Inc (NXST US)

Nexstar Media Group: Strategic M&A & Capital Allocation to Improve Its Competitive Positioning & Fuel Long-Term Growth!

Nexstar Media Group's second quarter of 2025 results revealed a mix of positive achievements and ongoing challenges, shaping a comprehensive...

Baptista Research

Nexstar Media: Broadcasting's Biggest Bet - [Business Breakdowns, EP.221]

Simeon McMillan discusses the evolution and challenges of the broadcast television industry, including the impact of cord-cutting, revenue streams,...

Business Breakdowns

Nexstar Media Group’s Bold Play on Political Ads & Digital Power Could Shock the Industry; What Lies Ahead?

Nexstar Media Group, a significant player in the broadcast television industry, delivered record financial results in the fourth quarter of...

Baptista Research

Nexstar Media Group’s Focus On Live Sports, Leaner Ops, & Next-Gen TV—Is It Time To Bet Big?

Nexstar Media Group, a significant player in the broadcast television industry, delivered record financial results in the fourth quarter of...

Baptista Research

Nexstar Media Group’s Deregulation Agenda: A Game-Changing Strategy to Save Local Journalism! - Major Drivers

Nexstar Media Group reported its third-quarter 2024 financial results, delivering record high revenues and showcasing strong operational...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

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