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

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

Beasley Broadcast Group Stock Performance

Shares of BBGI stock opened at $9.48 on Friday. 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 has a fifty-two week low of $7.60 and a fifty-two week high of $19.58. The firm has a market cap of $14.56 million, a P/E ratio of 5.68 and a beta of 0.85. The firm has a fifty day simple moving average of $9.11.

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. The business had revenue of $58.19 million during the quarter, compared to analyst estimates 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 last year, the business earned $1.80 earnings per share. On average, equities analysts predict 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.