Research analysts at StockNews.com assumed coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Get Rating) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the stock.
BBGI opened at $1.33 on Wednesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.63 and a quick ratio of 2.63. The company’s 50-day moving average is $1.52 and its 200 day moving average is $1.75. Beasley Broadcast Group has a fifty-two week low of $1.25 and a fifty-two week high of $3.39. The firm has a market capitalization of $39.09 million, a P/E ratio of 7.39 and a beta of 1.23.
Beasley Broadcast Group (NASDAQ:BBGI – Get Rating) last posted its quarterly earnings data on Monday, May 9th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.17. Beasley Broadcast Group had a net margin of 2.17% and a negative return on equity of 0.40%. The business had revenue of $55.72 million during the quarter, compared to the consensus estimate of $53.00 million. During the same quarter last year, the company posted ($0.15) earnings per share. On average, equities research analysts expect that Beasley Broadcast Group will post -0.03 earnings per share for the current year.
Beasley Broadcast Group Company Profile (Get Rating)
Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. It also operates Houston Outlaws, an esports team that competes in the Overwatch League. The company was founded in 1961 and is headquartered in Naples, Florida.
- Get a free copy of the StockNews.com research report on Beasley Broadcast Group (BBGI)
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