Beasley Broadcast Group (NASDAQ:BBGI) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a research note released on Thursday. The firm issued a hold rating on the stock.

Beasley Broadcast Group Trading Down 0.1 %

NASDAQ BBGI opened at $9.24 on Thursday. 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 company has a market capitalization of $14.19 million, a P/E ratio of 5.53 and a beta of 0.88. The firm has a 50-day moving average of $10.52. Beasley Broadcast Group has a 12 month low of $7.66 and a 12 month high of $20.00.

Beasley Broadcast Group (NASDAQ:BBGI) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($2.33) earnings per share 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 for the quarter, compared to the consensus estimate of $61.10 million. During the same period in the previous year, the business earned $1.80 EPS. As a group, sell-side analysts predict that Beasley Broadcast Group will post -1.2 earnings per share for the current fiscal year.

Beasley Broadcast Group Company Profile

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.