Saturday, May 18th, 2013
Follow us on:

Best stocks to watch: NXST, DFS, ROCM

Nexstar Broadcasting Group, Inc. (NXST) stock has an average analyst rating of “Overweight”. Nexstar Broadcasting reported record financial results for the recent second quarter ended June 30,2012, based on the strength of the core television operations and raising contributions from the retransmission and e-Media revenue stream. During this period, revenue rose 17.7% to a record of $88.9 million; operating income was $23.5 million; Adjusted EBITDA was $34.5 million. EPS was 29 cents, representing a 26.10% surprise over the analyst estimate of 23 cents. Analysts averagely estimate earnings of 57 cents and $1.05 for the next quarter and full year 2012, respectively.

The latest NXST stock closing price of $8.30 is above its 50-day moving average of $6.68 and 200-day moving average of $7.75. Over the past-52 weeks, NXST stock price was between $5.53 and $9.60. Nexstar Broadcasting Group’s market capitalization is $239.96 million.

According to the data provided by the equity research firm FactSet Research, the average target price of NXST stock is $12.00, representing an upside of 44.58% over the current stock price.

Discover Financial Services (DFS) is picked as one of the best stocks at this moment, as its average analyst rating of “Overweight,” along with its dividend increment and share buyback program.Discover Financial Services posted better-than-expected second quarter earnings, but below the same period of last year, however, the company saw record-low delinquency and charge-off rates, along with higher transaction and credit card sales volumes. Diners Club International, a business unit of DFS, and the ICBC the largest credit card issuer in China, announced the plans to bring a new Diners Club International franchise to the Asia Pacific region. This will help accentuate growth over the long term

The latest DFS stock closing price of $36.53 is above its 50-day moving average of $34.27and 200-day moving average of $30.02. Over the past-52 weeks, DFS stock price was between $21.44 and $37.22. Discover Financial Services’s market capitalization is $18.81 billion.

According to the data provided by the equity research firm FactSet Research, the average target price of DFS stock is $39.16, representing an upside of 7.73% over the current stock price.

Rochester Medical Corporation (ROCM) comes in as one of the best stocks at this moment with a average analyst rating of “Overweight”

The urinary continence and urine drainage care products manufacturer posted a net income of $496,000 or $0.04 per diluted share, in line with the analyst estimates and beating a net loss of $294,000 or $0.02 per diluted share for the same quarter of last year.

Sales for this quarter reached $15.25 million, higher than $14.28 in the same quarter of last year.

The latest ROCM stock closing price of $10.14 is below its 50-day moving average of $10.78 while above its 200-day moving average of $9.29. Over the past-52 weeks, ROCM stock price was between $6.60 and $12.65. Rochester Medical’s market capitalization is $122.75 million.

According to the data provided by the equity research firm FactSet Research, the average target price of ROCM stock is $13.70, representing an upside of 35.11% over the current stock price.

Find Penny Stock Trading Secret
Learn how to retire a multi-millionaire starting with $1,000. How does one trade per week turn chump change into a massive $5.7 million cash avalanche? You don't risk a single cent!
blog comments powered by Disqus