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

StockNews.com began coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the stock.

Beasley Broadcast Group Stock Up 0.3 %

Beasley Broadcast Group stock opened at $8.98 on Friday. The firm has a 50-day moving average of $10.22. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60. The company has a market cap of $13.79 million, a PE ratio of 5.38 and a beta of 0.88. Beasley Broadcast Group has a twelve month low of $7.66 and a twelve month high of $20.00.

Beasley Broadcast Group (NASDAQ:BBGI) last announced its earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share for the quarter. The firm had revenue of $58.19 million for the quarter, compared to the consensus estimate of $61.10 million. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%. During the same quarter last year, the business posted $1.80 EPS. Equities analysts anticipate that Beasley Broadcast Group will post -1.2 earnings per share for the current fiscal year.

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.