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

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

Beasley Broadcast Group Trading Up 0.2 %

Shares of BBGI stock opened at $9.26 on Thursday. Beasley Broadcast Group has a twelve month low of $7.66 and a twelve month high of $20.00. The stock has a market capitalization of $14.26 million, a PE ratio of 5.54 and a beta of 0.88. The firm’s 50 day moving average is $10.45. 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 posted its earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share for the quarter. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. The firm had revenue of $58.19 million for the quarter, compared to analysts’ expectations of $61.10 million. During the same period last year, the firm earned $1.80 earnings per share. On average, research 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.