Planning to stay with Beasley Broadcast Group (NASDAQ:BBGI) in June?

While some traders are getting carried away by overanalyzing communication services space, it is reasonable to concentrate on Beasley Broadcast Group against current market trends. As we have suggested previously, Beasley Broadcast is beginning its drop as stockholders shift to be more bearish due to the increased sector volatility. The company returns are related to returns on the market. As market wavers, the company is expected to follow. Stable technical and fundamental indicators of the company may also hint to signals of long-run gains for Beasley stockholders. Beasley Broadcast is scheduled to announce its earnings tomorrow.
Published over a year ago
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Reviewed by Raphi Shpitalnik

Beasley Broadcast's average rating is Strong Buy from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Beasley Broadcast market sentiment investors' perception of the future value of Beasley. Let us look at a few aspects of Beasley technical analysis. About 31.0% of the company shares are held by company insiders. Beasley Broadcast has price-to-book (P/B) ratio of 0.19. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 0.26. The firm recorded a loss per share of 0.03. Beasley Broadcast next dividend is scheduled to be issued on the 30th of March 2020.
Using predictive technical analysis, we can analyze different prices and returns patterns and diagnose historical swings to determine the real value of Beasley Broadcast Group. In general, sophisticated investors focus on analyzing Beasley Broadcast stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Beasley Broadcast's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Beasley Broadcast's intrinsic value. In addition to deriving basic predictive indicators for Beasley Broadcast, many experienced traders also check how macroeconomic factors affect Beasley Broadcast price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beasley Broadcast. Your research has to be compared to or analyzed against Beasley Broadcast's peers to derive any actionable benefits. When done correctly, Beasley Broadcast's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Beasley Broadcast.

How does Beasley Stands against Peers?

Analyzing Beasley Broadcast competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Beasley Broadcast across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out Beasley Broadcast Competition Details

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.

What is driving Beasley Broadcast Investor Appetite?

The entity has a beta of 0.85. Let's try to break down what Beasley's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Beasley Broadcast will likely underperform. The beta indicator helps investors understand whether Beasley Broadcast moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Beasley deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the previous year's revenue of 241.43 M. Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 41.96 M.

Beasley Broadcast has 87 percent odds to go over $1.68 this year

Current Total Risk Alpha is up to 0.04. Price may drop again. Beasley Broadcast Group exhibits very low volatility with skewness of -0.17 and kurtosis of 0.09. 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 many other companies 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 8th of May 2022, we believe Beasley Broadcast is currently overvalued. It almost neglects market trends and projects close to average chance of financial distress in the next two years. However, our overall 90 days 'Buy-Sell' recommendation on the company is Buy.

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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 Gabriel Shpitalnik 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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