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 trading down since yesterday’s close of $8.62.
Shares last traded at $8.51 which is just under $9.26, the 50 day moving average and a bit lower than the 200 day moving average of $9.10. The 50 day moving average went down $-0.75 or -8.11% and the 200 day average was down $-0.59.
Townsquare Media, Inc. Class A currently has a P/E ratio of 12.11 and market capitalization is 156.53M. As of the last earnings report the EPS was $0.70 and is projected to be $1.11 for the current year with 18,394,000 shares now outstanding. Next quarter’s EPS is estimated at $0.26 with next year’s EPS anticipated to be $1.23.
A few investment analysts have released ratings on Townsquare Media, Inc. Class A . Stephens & Co. released its first research report on the stock giving it an initial rating of “Overweight” and setting a price target of $13.00. On January 28 analysts at Barrington Research started covering the stock with an initial rating of “Outperform” and a price target of $16.00.
Equity analyst Jefferies started coverage with a rating of “Buy” and establishing a price target of $17.00. On August 18, 2014 RBC Capital began coverage setting a rating of “Outperform” and projecting a price target of $14.00.
Equity analyst Guggenheim Securities starting coverage on the stock by announcing an initial rating of “Buy” and price target of $14.00.