StockNews.com assumed coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a report issued on Friday. The firm issued a hold rating on the stock.
Beasley Broadcast Group Price Performance
NASDAQ:BBGI opened at $13.31 on Friday. 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 has a 1-year low of $8.45 and a 1-year high of $20.00. The stock has a market capitalization of $403.88 million, a price-to-earnings ratio of -5.57 and a beta of 0.99.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last posted its earnings results on Monday, August 12th. The company reported ($0.20) earnings per share for the quarter, topping 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 company had revenue of $60.44 million for the quarter, compared to analyst estimates of $60.80 million. During the same period last year, the business posted ($1.60) earnings per share. Analysts predict that Beasley Broadcast Group will post -1.2 earnings per share for the current year.
Institutional Trading of Beasley Broadcast Group
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.
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