Equities research analysts at StockNews.com began coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) in a research note issued to investors on Friday. The firm set a “hold” rating on the stock.
Beasley Broadcast Group Stock Performance
NASDAQ:BBGI opened at $13.31 on Friday. Beasley Broadcast Group has a 52 week low of $8.45 and a 52 week high of $20.00. The firm has a market capitalization of $403.94 million, a price-to-earnings ratio of -5.57 and a beta of 0.99. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 1.78.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.40. Beasley Broadcast Group had a negative net margin of 25.52% and a negative return on equity of 0.96%. The firm had revenue of $60.44 million for the quarter, compared to analyst estimates of $60.80 million. During the same period in the previous year, the firm earned ($1.60) EPS. On average, equities research analysts anticipate that Beasley Broadcast Group will post -1.2 EPS for the current fiscal year.
Hedge Funds Weigh In On Beasley Broadcast Group
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.
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