Beasley Broadcast Group (NASDAQ:BBGI) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a research note issued on Saturday. The firm set a “hold” rating on the stock.

Beasley Broadcast Group Price Performance

Shares of BBGI opened at $8.49 on Friday. The business’s 50-day moving average is $9.76. Beasley Broadcast Group has a 1 year low of $7.60 and a 1 year high of $20.00. The company has a market capitalization of $13.04 million, a P/E ratio of 5.08 and a beta of 0.88. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.82.

Beasley Broadcast Group (NASDAQ:BBGI) last issued its quarterly earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share (EPS) for the quarter. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%. The firm had revenue of $58.19 million during the quarter, compared to analyst estimates of $61.10 million. During the same quarter last year, the firm posted $1.80 EPS. As a group, sell-side analysts anticipate that Beasley Broadcast Group will post -1.2 EPS for the current year.

About Beasley Broadcast Group

Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.