How to Buy Beasley Broadcast Group Stock
Beasley Broadcast Group Inc
Beasley Broadcast Group, Inc. , a multi-platform media company, owns and operates radio stations in the United States.
Beasley Broadcast Group stock last closed at $8.62, up 7.7% from the previous day, and has decreased 47.4% in one year. It has underperformed other stocks in the Broadcasting industry by 0.13 percentage points. Beasley Broadcast Group stock is currently +12.48% from its 52-week low of $7.66, and -56.92% from its 52-week high of $20.00.
There are currently 1.77M BBGI shares outstanding. The market capitalization of BBGI is $15.27M. In the last 24 hours, 815 BBGI shares were traded.
How to Buy Beasley Broadcast Group Stock
Wondering how to invest in Beasley Broadcast Group stock? Here's how.
- Figure out where to buy Beasley Broadcast Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Beasley Broadcast Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Analyze Beasley Broadcast Group stock: The Beasley Broadcast Group ticker symbol is BBGI. Is Beasley Broadcast Group stock a good investment? Should you buy shares of BBGI? How do BBGI's underlying business fundamentals look? Do top analysts think Beasley Broadcast Group is a good buy? Why has BBGI's stock price moved recently? (Hint: Our stock market research tools can help you decide if BBGI is a good stock to buy).
- Execute your BBGI trade: Decide if you will purchase BBGI shares at the current market price or use a limit order to purchase BBGI stock at a given price.
- Get the latest scoop on your BBGI investment: Create a watchlist to monitor your position in Beasley Broadcast Group shares.
Step 1: Figure out where to buy Beasley Broadcast Group stock
You will need an online brokerage account in order to access the NASDAQ market and buy BBGI stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can buy BBGI today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on our top ranked stock app, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing funds into your investment account.
Step 4: Analyze Beasley Broadcast Group stock
After you have chosen the best place to buy Beasley Broadcast Group stock, it's critical to research their stock before you invest, so you can understand the risk and opportunity.
Beasley Broadcast Group stock data
Beasley Broadcast Group Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on BBGI's stock page.
Is BBGI stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BBGI's intrinsic value.
Using relative valuations metrics:
- BBGI could be overvalued based on its P/E ratio of 5.13x, relative to Broadcasting industry P/E ratio of 4.01x
- BBGI could be undervalued based on its P/B ratio of 0.1x, relative to Broadcasting industry P/B ratio of 0.81x
You can access more valuation research on BBGI's stock here.
BBGI Financials at a glance
Signs that BBGI is financially healthy:
- There are more short-term assets than short-term liabilities on the BBGI balance sheet.
- BBGI has $27.80M in cash and short term investments. This is enough to cover its annual cash burn of $5.67M.
- BBGI has cash burn of 5670884. It has enough cash and short-term investments to cover this for at least one year.
- BBGI profit margin has gone up from -41.8% to 1.1% in the past year.
Signs that BBGI is not financially healthy:
- There are more long-term liabilities than short-term assets on the BBGI balance sheet.
- BBGI has a relatively high debt to equity ratio of 2.92.
- Total BBGI debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are saying on the Beasley Broadcast Group stock forecast page.
Metrics for Advanced BBGI Traders
BBGI Growth Metrics
Last year, BBGI earnings were $2.56M. During the last 5 year, BBGI's earnings have gone up by -26.44% per year. This was slower than the Broadcasting industry average of 6.38%.
Last year, BBGI revenue was $238.75M. Over the past five year, BBGI's revenue has increased by -2.07% per year. This was slower than the Broadcasting industry average of 29.79%.
Dive into BBGI's earnings and revenue performance here.
Who is buying/selling BBGI?
Over the last 12 months, insiders at BBGI have sold more shares than they have bought.
Brian E. Beasley, Chief Operating Officer of BBGI, was the latest BBGI insider to buy. They bought $405.50 worth of BBGI stock on Nov 20, 2024.
Research more about who owns BBGI stock here.
Can I get consistent income from BBGI stock?
No, Beasley Broadcast Group doesn't provide an income stream by paying out dividends.
What do other traders have to say about BBGI?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your BBGI trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will place your order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your BBGI investment
Now that you own some BBGI stock, you'll want to keep up with your new investment.
Create a watchlist to see the latest developments about your BBGI stock.
BBGI Feed
How to Buy Stock in Beasley Broadcast Group
To reiterate, here are the 6 steps for buying Beasley Broadcast Group stock:
- Figure out where to buy Beasley Broadcast Group stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Beasley Broadcast Group stock
- Execute your BBGI trade
- Get the latest scoop on your BBGI investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Beasley Broadcast Group, add BBGI to your watchlist below.
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