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 report issued on Saturday morning. The firm issued a hold rating on the stock.

Beasley Broadcast Group Trading Up 0.1 %

Shares of Beasley Broadcast Group stock opened at $8.49 on Friday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.60 and a quick ratio of 1.60. The company’s 50 day moving average is $9.67. Beasley Broadcast Group has a 12-month low of $7.60 and a 12-month high of $20.00. The firm has a market cap of $13.04 million, a price-to-earnings ratio of 5.08 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) earnings per share (EPS) for the quarter. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. The company had revenue of $58.19 million during the quarter, compared to analyst estimates of $61.10 million. During the same period in the previous year, the firm posted $1.80 earnings per share. On average, sell-side 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.