By analyzing existing technical and fundamental indicators between Beasley Broadcast and Verizon, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Verizon with a short position in Beasley Broadcast. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Beasley Broadcast has an asset utilization ratio of 79.94 percent. This implies that the company is making $0.8 for each dollar of assets. An increasing asset utilization means that Beasley Broadcast Group is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Beasley or Salem is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.
How important is Beasley Broadcast's Liquidity
Beasley Broadcast
financial leverage refers to using borrowed capital as a funding source to finance Beasley Broadcast Group ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Beasley Broadcast financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Beasley Broadcast's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Beasley Broadcast's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Beasley Broadcast's total debt and its cash.
Correlation Between Beasley and Salem Media Group
In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Beasley Broadcast together with similar or unrelated positions with a negative correlation. For example, you can also add Salem Media to your portfolio. If Salem Media is not perfectly correlated to Beasley Broadcast it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Beasley Broadcast, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Beasley Broadcast and Salem Media in your portfolio? Please note if you are using this as a pair-trade strategy between Beasley Broadcast and Salem Media, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check
pair correlation details between BBGI and SALM for more information.
What is driving Beasley Broadcast Investor Appetite?
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Lets now take a look at Beasley Broadcast revenue. Based on the latest financial disclosure, Beasley Broadcast Group reported 248.93
M of revenue. This is 98.31% lower than that of the Communication Services sector and significantly higher than that of the
Broadcasting industry. The revenue for all United States stocks is 97.36% higher than that of Beasley Broadcast. As for Verizon Communications we see revenue of 135.65
B, which is much higher than that of the Broadcasting
| BBGI | 248.93 Million | 0.18 |
| Sector | 0.0 | 0.0 |
| VZ | 135.65 Billion | 99.82 |
Our take on today Beasley Broadcast rise
The variance is down to 5.52 as of today. Beasley Broadcast Group exhibits very low volatility with skewness of -0.29 and kurtosis of 0.56. However, we advise investors to further study Beasley Broadcast Group technical indicators to ensure that all market info is available and is reliable. Beasley Broadcast Group is a potential penny stock. Although Beasley Broadcast may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Beasley Broadcast Group. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Beasley instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
The Bottom Line
While other companies in the broadcasting industry are either recovering or due for a correction, Beasley may not be as strong as the others in terms of longer-term growth potentials. To summarize, as of the 7th of November 2022, our up-to-date 90 days advice on the company is
Hold. We believe Beasley Broadcast is currently
overvalued with
below average probability of distress for the next two years.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile 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 Raphi Shpitalnik do not own shares of Beasley Broadcast Group. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com
