Townsquare Media, Inc. Class A (NYSE:TSQ):
Townsquare Announces Conference Call To Discuss Third Quarter 2016 Results; Presenting At Upcoming Investor Conferences.
The company is so far trading down by -1.28 percent from yesterday’s close.
Company shares last traded at $8.51 which is a tad under the 50 day moving average of $9.26 and which is just under the 200 day moving average of $9.10. The 50 day moving average went down by -8.11% and the 200 day average went down by -6.52%.
The company’s P/E ratio is 12.11 and the market cap of the company is 156.53M. In the last earnings report the EPS was $0.70 and is estimated to be $1.11 for the current year with 18,394,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.26 with next year’s EPS projected to be $1.23.
A few analysts have weighed in on the stock recently. Stephens & Co. added the stock to its research portfolio giving it an initial rating of “Overweight” and establishing a price target of $13.00. On January 28, 2015 Barrington Research started covering TSQ by announcing an initial rating of “Outperform” and price target of $16.00.
Equity analyst Jefferies starting coverage on the stock with a rating of “Buy” and projecting a price target of $17.00. On August 18 analysts at RBC Capital started coverage setting a rating of “Outperform” and a price target of $14.00.
On August 18, 2014 Guggenheim Securities initiated coverage with an initial rating of “Buy” and setting a price target of $14.00.