Streetbeat News

BBGI

Beasley Broadcast Group, Inc.

https://www.bbgi.com

Industry

Broadcasting

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.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Four communication services sector stocks are showing signs of being overbought according to their Relative Strength Index (RSI) values, which may indicate a potential short-term pullback. Beasley Broadcast Group, Inc. (BBGI) reported a decrease in net revenues and has an RSI of 75.48. Fluent, Inc. (FLNT) posted weak quarterly results with an RSI of 78.11. Reading International, Inc. (RDI) reported a narrower quarterly loss and has an RSI of 70.78. PLDT Inc. (PHI) has an RSI of 70.60. All stocks have recently experienced price increases but may face a downturn due to their overbought status.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 1:26 pm

Collective Audience, Inc. (NASDAQ:CAUD) has appointed Peter Bordes as CEO, succeeding Brent Suen. Bordes brings over 30 years of experience in AdTech, media, AI, fintech, and technology sectors. Suen praised Bordes' leadership and vision, which align with the company's goals to build a full stack integrated platform, acquire complementary technologies, and form new partnerships. Bordes' appointment is expected to open new business opportunities and drive growth. He has been an influential angel investor and holds board positions at several companies. In connection with his hiring, Bordes received 71,429 shares of restricted common stock of Collective Audience, vesting over six months.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:50 pm

Insiders at CommScope Holding, Reed's, Socket Mobile, and Beasley Broadcast Group have recently made notable purchases of their companies' stocks, all priced under $3. These transactions may signal insider confidence in the companies' prospects. CommScope Holding's insider bought shares at $1.74, Reed's at $2.04, Socket Mobile at $1.40, and Beasley Broadcast Group at $0.71. Recent financial results were mixed, with CommScope and Reed's reporting positive outcomes, while Socket Mobile and Beasley Broadcast Group reported losses.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 1:47 pm

Insiders at four US-listed companies have recently made notable purchases of their own company's stock. SeaStar Medical Holding Corporation (ICU) Director Kenneth Heel Van bought 100,000 shares. Beasley Broadcast Group, Inc. (BBGI) CEO Caroline Beasley acquired 2,712 shares. RiskOn International, Inc. (ROI) 10% owner Milton C. Ault III purchased 2,133 shares. AIM ImmunoTech Inc. (AIM) CEO and President Thomas K Equels bought 33,861 shares. These transactions occurred despite recent financial setbacks for these companies, such as posting wider-than-expected quarterly losses or experiencing significant stock price declines.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 11:39 am

Insiders at Beasley Broadcast Group, Vintage Wine Estates, Forte Biosciences, and ClearOne have recently purchased shares of their respective companies, all priced under $1. Beasley Broadcast Group CEO Caroline Beasley bought 14,285 shares at $0.73 each, while Vintage Wine Estates Director Jonathan Sebastiani acquired 11,874 shares at $0.54 each. Forte Biosciences Director Paul A Wagner purchased 7,366 shares at $0.44, and ClearOne 10% owner Edward D Bagley bought 11,700 shares at $0.77. These transactions may indicate insider confidence despite recent financial setbacks such as wider quarterly losses or declining sales reported by these companies.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 11:38 am

In Wednesday's pre-market session, several communication services stocks saw significant movement. GDEV, SOPA, GPAK, LQR, HRYU, and TRKA stocks increased, while GDC, IHRT, BBGI, DUO, MTCH, and LUMN stocks decreased. The Q3 earnings reports for BBGI, MTCH, and LUMN were released recently.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 1:06 pm

Beasley Broadcast Group (NASDAQ:BBGI) reported Q3 2023 GAAP EPS of $(2.25), missing the estimate of $(0.06) by 3650 percent. This is a 11350 percent decrease from the same period last year. The company also reported quarterly sales of $60.12 million, missing the estimate of $62.90 million by 4.42 percent, a 5.80 percent decrease from the same period last year.

Portfolio Pulse from saritha@benzinga.com

November 01, 2023 | 11:45 am

Beasley Broadcast Group (NASDAQ:BBGI) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $0.773705 as of October 30, with a 52-week decrease of 16.38%.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 9:01 pm

During Friday's after-market session, several communication services stocks experienced significant movement. Super League Enterprise, Hanryu Holdings, VS Media Holdings, Beasley Broadcast Group, Grupo Televisa, and CuriosityStream saw gains, while Blue Hat Interactive, Gamer Pakistan, Liberty TripAdvisor Hldgs (two listings), Fangdd Network Group, and NextPlay Technologies experienced losses.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 9:31 pm

During Wednesday's intraday session, several communication services stocks experienced significant movements. Notable gainers included Gamer Pakistan (GPAK), Treasure Global (TGL), NFT Gaming Co (NFTG), Stagwell (STGW), Brera Holdings (BREA), and Beasley Broadcast Group (BBGI). On the other hand, Hanryu Holdings (HRYU), Starbox Group Hldgs (STBX), Grom Social Enterprises (GROM), Troika Media Group (TRKA), and Asset Entities (ASST) saw their stocks decrease.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 5:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.