Beasley Broadcast Group (NASDAQ:BBGI) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a report published on Monday morning. The firm issued a hold rating on the stock.

Beasley Broadcast Group Price Performance

Shares of BBGI stock opened at $8.74 on Monday. The company has a market capitalization of $13.42 million, a PE ratio of 5.23 and a beta of 0.85. The business has a fifty day moving average price of $8.79. Beasley Broadcast Group has a one year low of $7.60 and a one year high of $19.58. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60.

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