Beasley Broadcast Group (BBGI) to Release Earnings on Monday

Beasley Broadcast Group (NASDAQ:BBGI) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, February 12th.

Shares of Beasley Broadcast Group (BBGI) traded down $0.10 during mid-day trading on Thursday, hitting $12.35. The company’s stock had a trading volume of 6,003 shares, compared to its average volume of 13,289. The company has a debt-to-equity ratio of 0.95, a current ratio of 3.18 and a quick ratio of 3.18. Beasley Broadcast Group has a 52 week low of $7.75 and a 52 week high of $18.19. The company has a market cap of $358.39, a P/E ratio of 5.61 and a beta of 0.67.

Several hedge funds have recently made changes to their positions in BBGI. State Street Corp acquired a new position in shares of Beasley Broadcast Group in the 2nd quarter worth approximately $416,000. Northern Trust Corp raised its holdings in shares of Beasley Broadcast Group by 302.9% in the 2nd quarter. Northern Trust Corp now owns 56,422 shares of the company’s stock worth $552,000 after buying an additional 42,419 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Beasley Broadcast Group by 7.1% in the 2nd quarter. Vanguard Group Inc. now owns 122,479 shares of the company’s stock worth $1,200,000 after buying an additional 8,146 shares in the last quarter. Institutional investors own 14.59% of the company’s stock.

Separately, BidaskClub upgraded Beasley Broadcast Group from a “hold” rating to a “buy” rating in a research report on Thursday, December 14th.

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Beasley Broadcast Group Company Profile

Beasley Broadcast Group, Inc is a radio broadcasting company. The Company’s primary business is operating radio stations throughout the United States. As of December 31, 2016, the Company owned and operated 63 radio stations in various radio markets, Atlanta and Augusta in Georgia; Boston, Massachusetts; Charlotte, North Carolina; Detroit, Michigan; Fayetteville, North Carolina; Fort Myers-Naples, Florida; Las Vegas, Nevada; Middlesex, New Jersey; Monmouth, New Jersey; Morristown, New Jersey; Philadelphia, Pennsylvania; Tampa-Saint Petersburg, Florida; West Palm Beach-Boca Raton, Florida, and Wilmington, Delaware.

Earnings History for Beasley Broadcast Group (NASDAQ:BBGI)

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