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 note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

Beasley Broadcast Group Trading Up 1.3 %

Shares of Beasley Broadcast Group stock opened at $8.63 on Tuesday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60. Beasley Broadcast Group has a 1 year low of $7.60 and a 1 year high of $18.90. The business has a 50-day simple moving average of $8.80. The stock has a market cap of $13.29 million, a P/E ratio of 5.17 and a beta of 0.85.

Beasley Broadcast Group (NASDAQ:BBGI) last released its 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 analysts’ expectations 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 in the previous year, the company earned $1.80 EPS.

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.