Beasley Broadcast Group Stock Piotroski F Score

BBGI Stock  USD 0.78  0.06  7.14%   
This module uses fundamental data of Beasley Broadcast to approximate its Piotroski F score. Beasley Broadcast F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Beasley Broadcast Group. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Beasley Broadcast financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Beasley Broadcast Altman Z Score, Beasley Broadcast Correlation, Beasley Broadcast Valuation, as well as analyze Beasley Broadcast Alpha and Beta and Beasley Broadcast Hype Analysis.
  
As of now, Beasley Broadcast's Total Debt To Capitalization is increasing as compared to previous years. As of now, Beasley Broadcast's Company Equity Multiplier is decreasing as compared to previous years. The Beasley Broadcast's current Long Term Debt To Capitalization is estimated to increase to 0.67, while Short Term Coverage Ratios is forecasted to increase to (0.55).
At this time, it appears that Beasley Broadcast's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Beasley Broadcast Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Beasley Broadcast is to make sure Beasley is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Beasley Broadcast's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Beasley Broadcast's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.390.4155
Notably Down
Pretty Stable
Gross Profit Margin0.120.1216
Fairly Down
Slightly volatile
Total Current Liabilities25.9 M48.3 M
Way Down
Slightly volatile
Non Current Liabilities Total278.2 M397.4 M
Way Down
Slightly volatile
Total Assets565 M594.7 M
Notably Down
Slightly volatile
Total Current Assets56.1 M86.6 M
Way Down
Slightly volatile

Beasley Broadcast F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Beasley Broadcast's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Beasley Broadcast in a much-optimized way.

About Beasley Broadcast Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Price Book Value Ratio

0.17

As of now, Beasley Broadcast's Price Book Value Ratio is decreasing as compared to previous years.

About Beasley Broadcast Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Beasley Broadcast Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beasley Broadcast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beasley Broadcast Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. The company was founded in 1961 and is headquartered in Naples, Florida. Beasley Broadcast operates under Broadcasting classification in the United States and is traded on NASDAQ Exchange. It employs 811 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Beasley Broadcast in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Beasley Broadcast's short interest history, or implied volatility extrapolated from Beasley Broadcast options trading.

Pair Trading with Beasley Broadcast

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beasley Broadcast position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beasley Broadcast will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Beasley Broadcast could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beasley Broadcast when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beasley Broadcast - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beasley Broadcast Group to buy it.
The correlation of Beasley Broadcast is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beasley Broadcast moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beasley Broadcast moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Beasley Broadcast can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Beasley Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beasley Broadcast's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beasley Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beasley Broadcast Group Stock:
Check out Beasley Broadcast Altman Z Score, Beasley Broadcast Correlation, Beasley Broadcast Valuation, as well as analyze Beasley Broadcast Alpha and Beta and Beasley Broadcast Hype Analysis.
Note that the Beasley Broadcast information on this page should be used as a complementary analysis to other Beasley Broadcast's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Beasley Broadcast's price analysis, check to measure Beasley Broadcast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beasley Broadcast is operating at the current time. Most of Beasley Broadcast's value examination focuses on studying past and present price action to predict the probability of Beasley Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beasley Broadcast's price. Additionally, you may evaluate how the addition of Beasley Broadcast to your portfolios can decrease your overall portfolio volatility.
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Is Beasley Broadcast's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beasley Broadcast. If investors know Beasley will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beasley Broadcast listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Earnings Share
(2.51)
Revenue Per Share
8.266
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0115
The market value of Beasley Broadcast is measured differently than its book value, which is the value of Beasley that is recorded on the company's balance sheet. Investors also form their own opinion of Beasley Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Beasley Broadcast's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beasley Broadcast's market value can be influenced by many factors that don't directly affect Beasley Broadcast's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beasley Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beasley Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beasley Broadcast's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.