StockNews.com started coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a research note released on Tuesday morning. The firm issued a hold rating on the stock.
Beasley Broadcast Group Trading Up 3.3 %
NASDAQ BBGI opened at $11.13 on Tuesday. Beasley Broadcast Group has a twelve month low of $8.45 and a twelve month high of $20.00. The stock has a market capitalization of $337.66 million, a P/E ratio of -4.66 and a beta of 1.00. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.77 and a quick ratio of 1.77.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. The company had revenue of $60.44 million during the quarter, compared to the consensus estimate of $60.80 million. Beasley Broadcast Group had a negative return on equity of 0.96% and a negative net margin of 25.52%. During the same quarter last year, the company earned ($0.08) EPS. As a group, sell-side analysts expect that Beasley Broadcast Group will post -0.06 earnings per share for the current fiscal year.
Institutional Investors 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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