StockNews.com initiated coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a report published on Thursday. The brokerage issued a hold rating on the stock.
Beasley Broadcast Group Price Performance
Shares of NASDAQ:BBGI opened at $12.90 on Thursday. Beasley Broadcast Group has a 52 week low of $8.45 and a 52 week high of $20.00. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.77 and a quick ratio of 1.77. The firm has a market capitalization of $391.44 million, a price-to-earnings ratio of -5.40 and a beta of 0.99.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last announced its quarterly earnings results on Monday, August 12th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. 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 during the quarter, compared to the consensus estimate of $60.80 million. During the same quarter last year, the firm earned ($0.08) EPS. On average, equities research analysts predict that Beasley Broadcast Group will post -1.2 EPS for the current year.
Institutional Trading of 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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