Beasley Broadcast Group (NASDAQ:BBGI) Earns Hold Rating from Analysts at StockNews.com

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

Beasley Broadcast Group Stock Down 0.8 %

Shares of Beasley Broadcast Group stock opened at $9.48 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.82. The firm has a market cap of $14.56 million, a PE ratio of 5.68 and a beta of 0.85. Beasley Broadcast Group has a twelve month low of $7.60 and a twelve month high of $19.58. The business has a 50-day simple moving average of $9.11.

Beasley Broadcast Group (NASDAQ:BBGI) last issued its quarterly earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share (EPS) for the quarter. The company had revenue of $58.19 million during the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $1.80 earnings per share. On average, sell-side analysts anticipate that Beasley Broadcast Group will post -1.2 earnings per share 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.