Is There Value In Beasley Broadcast Group And Its Spectrum? [Seeking Alpha]
Beasley Broadcast Group, Inc. - Class A (BBGI)
US:NASDAQ Investor Relations:
bbgi.com/investors-2
Company Research
Source: Seeking Alpha
Is There Value In Beasley Broadcast Group And Its Spectrum? When Beasley Broadcast Group ( BBGI SPOT In this article, I value BBGI stock via three approaches ranging from a valuation of the existing assets to a full DCF. The good news is that in the worst case scenario, the stock still offers a 18% margin of safety to the current market price. The bad news is that the uncertainty of the future of the FM spectrum and the willingness of the Beasley family to crystallize that value leads to a valuation anywhere from $5.10 to $14.75. If you believe in the value of the spectrum, the valuation should be closer to the high end, while the valuation should be closer to the lower end if you believe that 2018 results are representative of the future (a very pessimistic view in my opinion). That being said, in this article, I make an argument why the stock should at least be worth $6.80 offering a 62% upside. The Company and its history Beasley Group ( Source: 10-k 2018 filling In the 1990s, the
Show less
Read more
Impact Snapshot
Event Time:
BBGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BBGI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BBGI alerts
High impacting Beasley Broadcast Group, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BBGI
News
- Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Gabelli Funds to Host 16th Annual Media & Entertainment Symposium Thursday, June 6, 2024 [Yahoo! Finance]Yahoo! Finance
- Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
BBGI
Earnings
- 2/12/24 - Beat
BBGI
Sec Filings
- 4/19/24 - Form 8-K
- 4/19/24 - Form SC
- 4/16/24 - Form ARS
- BBGI's page on the SEC website