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 $0.72, down 1.37% from the previous day, and has decreased 31.43% in one year. It has underperformed other stocks in the Broadcasting industry by 0.1 percentage points. Beasley Broadcast Group stock is currently +19.21% from its 52-week low of $0.60, and -43.75% from its 52-week high of $1.28.
There are currently 30.33M BBGI shares outstanding. The market capitalization of BBGI is $21.84M. In the last 24 hours, 3594 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:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- 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.
- Buy other assets: Such as ETFs and cryptos.
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 undervalued based on its P/B ratio of 0.15x, relative to Broadcasting industry P/B ratio of 0.71x
You can access additional valuation research on BBGI's stock here.
A look at BBGI Cashflows and Balance Sheet
Signs that BBGI is financially healthy:
- BBGI has $26.73M in cash and short term investments. This is enough to cover its annual cash burn of $8.87M.
- BBGI has cash burn of 8868103. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the BBGI balance sheet.
Signs that BBGI is not financially healthy:
- Total BBGI debt is higher than 5 years ago, relative to shareholder equity.
- 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 2.86.
- BBGI profit margin has gone down from -16.4% to -30.4% in the past year.
You can dive deeper into what analysts are forecasting on the Beasley Broadcast Group stock forecast page.
BBGI Trading Indicators
BBGI Earnings
Last year, BBGI revenue was $247.11M. During the last five year, BBGI's revenue has grown by -0.82% per year. This was slower than the Broadcasting industry average of 33.17%.
Dive into BBGI's earnings and revenue performance here.
Latest Insiders Trades at BBGI
Over the past year, insiders at BBGI have bought more shares than they have sold.
Christopher D. Ornelas, General Counsel of BBGI, was the latest BBGI insider to sell. They sold $2,665.71 worth of BBGI shares on Apr 5, 2024.
Dig into 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.
BBGI Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your BBGI trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and your broker will execute the order.
If you need additional help with 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 shares in BBGI, you'll want to stay up-to-date on your investment.
Add BBGI to a watchlist to get alerted to the latest events about your BBGI stock.
BBGI Feed
How to Buy Stock in Beasley Broadcast Group
To summarize, 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 need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Beasley Broadcast Group, create your watchlist below.
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