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 by -1.28 percent from yesterday’s close.
Shares of the company are trading at $8.51 which is a tad under the 50 day moving average of $9.26 and a tad under the 200 day moving average of $9.10. The 50 day moving average was down $-0.75 and the 200 day average went down by -6.52%.
Townsquare Media, Inc. Class A currently has a P/E ratio of 12.11 and market capitalization 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 presently outstanding. Next quarter’s EPS is forecasted to be $0.26 with next year’s EPS projected to be $1.23.
Ratings analysts have weighed in on the company. Stephens & Co. started coverage with an initial rating of “Overweight” and a price target of $13.00. On January 28, 2015 Barrington Research added the stock to its research portfolio by announcing an initial rating of “Outperform” and price target of $16.00.
On August 18 analysts at Jefferies released its first research report on the stock setting a rating of “Buy” and setting a price target of $17.00. Equity analyst RBC Capital initiated coverage on the stock with a rating of “Outperform” and projecting a price target of $14.00.
Equity analyst Guggenheim Securities began coverage of the stock giving it an initial rating of “Buy” and establishing a price target of $14.00.