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Beasley Broadcast Group (BBGI)
NASDAQ:BBGI
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Beasley Broadcast Group
(NASDAQ:BBGI)
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Rating:47Neutral
Price Target:
$5.50
▼(-4.68% Downside)
The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues, high leverage, and negative cash flows. While there are positive signs in technical analysis and strategic shifts towards digital growth, these are overshadowed by the ongoing challenges in the core business and valuation concerns.
Beasley Broadcast Group (BBGI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$10.40M
Dividend YieldN/A
Average Volume (3M)32.37K
Price to Earnings (P/E)3.4
Beta (1Y)0.29
Revenue Growth-5.52%
EPS Growth87.59%
CountryUS
Employees542
SectorCommunication Services
Sector Strength97
IndustryBroadcasting
Share Statistics
EPS (TTM)-0.09
Shares Outstanding970,857
10 Day Avg. Volume90,371
30 Day Avg. Volume32,374
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.10
Price to Sales (P/S)0.06
P/FCF Ratio-2.21
Enterprise Value/Market Cap26.34
Enterprise Value/Revenue1.20
Enterprise Value/Gross Profit10.00
Enterprise Value/Ebitda22.08
Forecast
1Y Price Target
$5.50Price Target Upside-4.68% Downside
Rating ConsensusHold
Number of Analyst Covering0
Beasley Broadcast Group Business Overview & Revenue Model
Company DescriptionBeasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. It also operates Houston Outlaws, an esports team that competes in the Overwatch League. The company was founded in 1961 and is headquartered in Naples, Florida.
How the Company Makes MoneyBeasley Broadcast Group generates revenue primarily through advertising sales. The company sells advertising spots on its radio stations, which are marketed to local and national businesses seeking to reach consumers through audio media. Additionally, BBGI has a strong digital presence that allows for the monetization of online streaming and digital advertising. The company also benefits from sponsorships tied to events and promotions that it organizes, further diversifying its revenue streams. Strategic partnerships with advertisers and other media companies enhance its market reach and effectiveness in generating income, while the rise of podcasting and on-demand audio content creates new opportunities for revenue through content monetization.
Beasley Broadcast Group Earnings Call Summary
Earnings Call Date:Aug 12, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Nov 11, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture, with strong performance and strategic growth in digital revenue and effective cost management, but significant challenges in the traditional audio segment and declines in agency revenue. The asset sales provide a positive strategic move for debt reduction, yet the overall revenue decline and continued agency softness dampen the outlook.Q2-2025 Updates
Positive Updates
Digital Revenue Growth
Digital revenue grew by 1.3% or 8.1% on a same-station basis, accounting for 25% of total revenue, with operating margin improving 900 basis points from 17.8% to 26.8%.
Strategic Asset Sales
Agreements to sell multiple stations in Fort Myers and Tampa for a combined $26 million, with proceeds aimed at debt reduction.
Cost Management and Reductions
Implemented $10 million in annualized expense reductions in the first half of the year, totaling roughly $30 million over the past 12 months.
Local Direct Revenue Increase
Local direct revenue was up 1.7% year-over-year, now representing the majority of the local sales mix.
PPM Market Station Ratings Growth
PPM market station ratings rose by 14% year-over-year among adults 25-54, with key stations ranking #1 in their respective markets.
Negative Updates
Overall Revenue Decline
Total net revenue declined by 11.1% year-over-year on a same-station basis, attributed to significant declines in agency-related revenue.
Agency Revenue Decline
National agency revenue was down 12.1% year-over-year, while local agency revenue deteriorated 24.7% year-over-year.
Traditional Audio Segment Underperformance
Core audio segment underperformed, contributing to a larger-than-expected revenue shortfall.
Pacing Softness in Q3
Continued softness across national and local agency channels, accounting for roughly 45% of total revenue, with declines pacing down high single digits.
Company Guidance
During Beasley Broadcast Group's Second Quarter 2025 Earnings Call, the company provided guidance on several key financial metrics. The call highlighted a strategic pivot towards digital growth, with digital revenue increasing by 1.3% overall and 8.1% on a same-station basis, now accounting for 25% of total revenue. This shift contributed to a digital segment operating margin improvement of 900 basis points, from 17.8% to 26.8%. The company is selling several assets for a combined $26 million, which will be used to reduce debt. Despite a 11% same-station decline in overall net revenue due to underperformance in the core audio segment, Beasley reported a disciplined approach to cost management, achieving a $4.6 million or 9.3% reduction in total operating expenses year-over-year. The company emphasized ongoing challenges in the agency business, with national agency revenue down 12.1% and local agency performance down 24.7% year-over-year. Beasley is also focusing on transforming its sales strategy to reduce dependency on traditional agency-driven revenue, aiming to enhance its digital platform and improve its capital position.Beasley Broadcast Group Financial Statement Overview
Summary
Beasley Broadcast Group faces significant financial challenges, with declining revenues and consistent net losses impacting profitability and stability. The company's high leverage and decreasing equity position increase financial risk, while negative operating and free cash flows highlight liquidity concerns. These factors suggest a need for strategic adjustments to improve financial health and sustainability.Income Statement
Beasley Broadcast Group has faced declining revenues over recent years, with a notable decrease in TTM revenues compared to previous periods. The company has consistently reported net losses, with the TTM net income in a negative position, leading to a negative net profit margin. The gross profit has decreased, reflecting challenges in maintaining profitability. EBIT margin is positive, but the declining EBITDA margin indicates pressure on operational efficiency.45
Neutral
Balance Sheet
The company's balance sheet shows a high debt-to-equity ratio, indicating significant leverage which could pose financial risks. The stockholders' equity has been decreasing, reducing the equity ratio and suggesting limited buffer against liabilities. Return on equity is negative due to consistent net losses, highlighting issues in generating returns for shareholders.40
Negative
Cash Flow
Beasley Broadcast Group's cash flow statements indicate negative operating cash flows, making it challenging to sustain operations without additional financing. Free cash flow is negative and also shows a declining trend, signaling potential liquidity concerns. The negative free cash flow to net income ratio suggests difficulties in translating earnings into cash.30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 227.39M | 240.29M | 247.11M | 256.38M | 241.43M | 206.14M |
| Gross Profit | 27.41M | 31.29M | 38.86M | 33.22M | 30.65M | 203.14M |
| EBITDA | 12.41M | 21.17M | -63.84M | -23.00M | 31.04M | 4.09M |
| Net Income | -5.62M | -5.89M | -75.12M | -42.06M | -1.40M | -17.77M |
Balance Sheet | ||||||
| Total Assets | 548.04M | 549.21M | 574.27M | 714.94M | 762.09M | 738.61M |
| Cash, Cash Equivalents and Short-Term Investments | 13.72M | 13.77M | 26.73M | 39.53M | 51.38M | 20.76M |
| Total Debt | 280.22M | 287.21M | 305.73M | 331.12M | 330.23M | 295.06M |
| Total Liabilities | 403.51M | 401.99M | 425.29M | 491.45M | 499.01M | 471.51M |
| Stockholders Equity | 144.52M | 147.22M | 148.98M | 223.49M | 263.08M | 267.73M |
Cash Flow | ||||||
| Free Cash Flow | -419.93B | -6.73M | -8.87M | -2.22M | -6.41M | -3.26M |
| Operating Cash Flow | -419.93B | -3.71M | -4.68M | 11.15M | -1.91M | 4.21M |
| Investing Cash Flow | 1.37T | 4.32M | 6.87M | -14.18M | -1.14M | -3.85M |
| Financing Cash Flow | -1.00T | -13.57M | -14.99M | -8.81M | 33.66M | 1.74M |
Beasley Broadcast Group Technical Analysis
Positive
5.77
Price Trends
4.75
Positive
4.73
Positive
5.99
Negative
Market Momentum
0.39
Negative
57.73
Neutral
40.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BBGI, the sentiment is Positive. The current price of 5.77 is above the 20-day moving average (MA) of 5.30, above the 50-day MA of 4.75, and below the 200-day MA of 5.99, indicating a neutral trend. The MACD of 0.39 indicates Negative momentum. The RSI at 57.73 is Neutral, neither overbought nor oversold. The STOCH value of 40.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BBGI.
Beasley Broadcast Group Risk Analysis
Beasley Broadcast Group disclosed 26 risk factors in its most recent earnings report. Beasley Broadcast Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Beasley Broadcast Group Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | 80.69M | 36.68 | 1.28% | 7.98% | -1.72% | -66.67% | |
58 Neutral | 371.93M | -1.11 | 21.64% | ― | 3.18% | 62.89% | |
47 Neutral | $10.40M | 3.37 | -5.76% | ― | -5.52% | 87.59% | |
45 Neutral | 40.83M | -0.42 | -61.65% | ― | -10.63% | -61.23% | |
42 Neutral | 14.85M | >-0.01 | 772.73% | ― | -4.57% | -103.56% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
Performance Comparison
BBGI
Beasley Broadcast Group
5.77
-5.00
-46.43%
CMLS
Cumulus Media
0.14
-1.17
-89.31%
UONE
Urban One
1.45
-0.31
-17.61%
SGA
Saga Communications
12.53
-0.76
-5.72%
IHRT
iHeartMedia
2.71
0.86
46.49%
MDIA
Mediaco Holding
1.30
0.02
1.56%
Beasley Broadcast Group Corporate Events
Executive/Board ChangesShareholder Meetings
Beasley Broadcast Group Holds Annual Meeting in Naples
Neutral
Jun 26, 2025
On June 25, 2025, Beasley Broadcast Group held its Annual Meeting in Naples, Florida, where stockholders elected six directors, approved executive compensation, and recommended an annual frequency for future compensation votes. Additionally, they ratified Crowe LLP as the independent accounting firm for 2025 and approved a company plan, indicating continued support for the company’s strategic direction.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.