What are the current analyst consensus on Beasley (NASDAQ:BBGI)?

Beasley Broadcast is scheduled to announce its earnings tomorrow. While many traders are getting carried away by overanalyzing communication services space, it is reasonable to concentrate on Beasley Broadcast under the current economic conditions. We will analyze why it could be a much better year for Beasley Broadcast shareholders.
Published over a year ago
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Reviewed by Michael Smolkin

The company's average rating is Strong Buy from 1 analysts.
We provide trade advice to complement the prevailing expert consensus on Beasley Broadcast. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
What is the right price you would pay to acquire a share of Beasley Broadcast? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.

Watch out for price decline

Please consider monitoring Beasley Broadcast on a daily basis if you are holding a position in it. Beasley Broadcast is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Beasley Broadcast stock to be traded above the $1 level to remain listed. If Beasley Broadcast stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

What is happening with Beasley Broadcast Group this year

Annual and quarterly reports issued by Beasley Broadcast Group are formal financial statements that are published yearly and quarterly and sent to Beasley stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Beasley Broadcast often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

Beasley Broadcast Gross Profit

Beasley Broadcast Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Beasley Broadcast previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Beasley Broadcast Gross Profit growth over the last 10 years. Please check Beasley Broadcast's gross profit and other fundamental indicators for more details.

Is Beasley a risky opportunity?

Let's check the volatility. Beasley is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Beasley (NASDAQ:BBGI) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. locking in a share of a Beasley Broadcast stock makes you a part-owner of that company.

Will price continue to rise in August 2022?

Maximum drawdown is down to 12.14. It may hint to a possible volatility drop. Beasley Broadcast Group exhibits very low volatility with skewness of -0.43 and kurtosis of 0.31. However, we advise investors to further study Beasley Broadcast Group technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Beasley Broadcast's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Beasley Broadcast's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Beasley Broadcast Implied Volatility

Beasley Broadcast's implied volatility exposes the market's sentiment of Beasley Broadcast Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Beasley Broadcast's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Beasley Broadcast stock will not fluctuate a lot when Beasley Broadcast's options are near their expiration.

Our Final Takeaway

While some other firms in the broadcasting industry are either recovering or due for a correction, Beasley Broadcast may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 31st of July 2022, we believe Beasley Broadcast is currently overvalued. It almost mirrors the market and projects close to average probability of financial unrest in the next two years. Our overall 90 days buy-or-sell advice on the company is Hold.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Beasley Broadcast Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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