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

Investment analysts at StockNews.com assumed coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a report released on Sunday. The brokerage set a “hold” rating on the stock.

Beasley Broadcast Group Stock Down 3.1 %

Shares of Beasley Broadcast Group stock opened at $9.19 on Friday. Beasley Broadcast Group has a 12-month low of $7.60 and a 12-month high of $19.60. The firm has a market capitalization of $14.12 million, a price-to-earnings ratio of 5.50 and a beta of 0.85. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.82. The stock’s fifty day moving average is $9.27.

Beasley Broadcast Group (NASDAQ:BBGI) last posted its quarterly earnings data 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 company had revenue of $58.19 million for the quarter, compared to analyst estimates of $61.10 million. During the same quarter in the previous year, the firm posted $1.80 EPS. Analysts expect 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.