Townsquare Media (TSQ) Given Daily Coverage Optimism Score of 0.14
News coverage about Townsquare Media (NYSE:TSQ) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Townsquare Media earned a news impact score of 0.14 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.9545333681917 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
TSQ has been the topic of a number of research reports. Zacks Investment Research upgraded Townsquare Media from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Wednesday, July 19th. Noble Financial restated a “buy” rating on shares of Townsquare Media in a research note on Friday, August 11th. Finally, Royal Bank Of Canada set a $13.00 price target on Townsquare Media and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $12.67.
Townsquare Media (TSQ) opened at 10.10 on Thursday. Townsquare Media has a 1-year low of $8.12 and a 1-year high of $13.01. The stock has a 50 day moving average price of $10.44 and a 200-day moving average price of $10.82. The stock has a market capitalization of $186.63 million, a P/E ratio of 13.38 and a beta of 1.74.
Townsquare Media (NYSE:TSQ) last posted its earnings results on Wednesday, August 9th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. Townsquare Media had a return on equity of 6.85% and a net margin of 4.11%. The firm had revenue of $140.66 million for the quarter, compared to analysts’ expectations of $141.49 million. Equities research analysts expect that Townsquare Media will post $0.95 EPS for the current year.
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About Townsquare Media
Townsquare Media, Inc is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Company’s Local Advertising segment offers broadcast, digital and mobile advertising within its local markets.
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