Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Town Sports International Holdings (CLUB) Share Price
Press coverage about Town Sports International Holdings (NASDAQ:CLUB) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Town Sports International Holdings earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.502468929472 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several equities research analysts recently issued reports on the company. Zacks Investment Research lowered Town Sports International Holdings from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Imperial Capital reissued an “outperform” rating and set a $7.50 price objective (up previously from $5.00) on shares of Town Sports International Holdings in a research note on Monday, July 31st.
Town Sports International Holdings (CLUB) traded up 0.368% during midday trading on Friday, reaching $6.825. The company had a trading volume of 28,251 shares. Town Sports International Holdings has a 52 week low of $2.10 and a 52 week high of $7.15. The company’s market capitalization is $172.26 million. The firm has a 50-day moving average price of $6.35 and a 200-day moving average price of $4.83.
Town Sports International Holdings (NASDAQ:CLUB) last released its quarterly earnings data on Thursday, July 27th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.12. The company had revenue of $99.99 million for the quarter, compared to the consensus estimate of $98.68 million. Analysts expect that Town Sports International Holdings will post ($0.24) EPS for the current fiscal year.
In other Town Sports International Holdings news, Director Louis Spencer Wells sold 6,000 shares of the stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $5.90, for a total transaction of $35,400.00. Following the completion of the transaction, the director now owns 21,235 shares of the company’s stock, valued at approximately $125,286.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 19.00% of the stock is owned by corporate insiders.
WARNING: This news story was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another site, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/13/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-town-sports-international-holdings-club-share-price.html.
Town Sports International Holdings Company Profile
Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.
Receive News & Stock Ratings for Town Sports International Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Town Sports International Holdings Inc. and related stocks with our FREE daily email newsletter.