Beasley Broadcast Group (NASDAQ:BBGI) Research Coverage Started at StockNews.com

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

Beasley Broadcast Group Price Performance

BBGI stock opened at $9.26 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 business has a 50 day simple moving average of $10.45. Beasley Broadcast Group has a 1-year low of $7.66 and a 1-year high of $20.00. The company has a market cap of $14.26 million, a P/E ratio of 5.54 and a beta of 0.88.

Beasley Broadcast Group (NASDAQ:BBGI) last announced its quarterly earnings results on Tuesday, November 5th. The company reported ($2.33) EPS for the quarter. The business had revenue of $58.19 million during the quarter, compared to the consensus estimate of $61.10 million. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. During the same period in the previous year, the business posted $1.80 EPS. Sell-side analysts anticipate that Beasley Broadcast Group will post -1.2 EPS for the current fiscal 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.