Townsquare Media, Inc. (NYSE:TSQ - Get Rating) - Equities researchers at Barrington Analysis lowered their This fall 2022 earnings per share (EPS) estimates for shares of Townsquare Media in a report issued on Monday, November 14th. Barrington Analysis analyst J. Goss now expects that the corporate will put up earnings per share of $0.52 for the quarter, down from their earlier forecast of $0.61. The consensus estimate for Townsquare Media's present full-year earnings is $2.10 per share. Barrington Analysis additionally issued estimates for Townsquare Media's Q3 2023 earnings at $0.73 EPS and FY2024 earnings at $2.50 EPS.
A number of different equities analysis analysts additionally lately issued stories on the corporate. StockNews.com assumed protection on Townsquare Media in a report on Wednesday, October twelfth. They set a "maintain" ranking for the corporate. Guggenheim dropped their goal worth on Townsquare Media to $14.00 in a report on Tuesday.
Townsquare Media Buying and selling Up 2.4 %
Shares of Townsquare Media stock opened at $8.03 on Wednesday. The enterprise has a fifty day easy shifting common of $7.78 and a two-hundred day easy shifting common of $8.67. Townsquare Media has a 1 12 months low of $7.14 and a 1 12 months excessive of $13.96. The corporate has a market capitalization of $136.99 million, a price-to-earnings ratio of 14.60, a P/E/G ratio of 0.32 and a beta of 1.55. The corporate has a debt-to-equity ratio of 8.31, a present ratio of 1.54 and a fast ratio of 1.54.
Institutional Traders Weigh In On Townsquare Media
A lot of hedge funds and different institutional buyers have lately modified their holdings of TSQ. Janney Montgomery Scott LLC acquired a brand new stake in shares of Townsquare Media throughout the first quarter price $171,000. Financial institution of New York Mellon Corp lifted its holdings in shares of Townsquare Media by 3.6% throughout the first quarter. Financial institution of New York Mellon Corp now owns 64,071 shares of the corporate's inventory price $820,000 after shopping for an extra 2,224 shares within the final quarter. American Century Corporations Inc. lifted its holdings in shares of Townsquare Media by 8.0% throughout the first quarter. American Century Corporations Inc. now owns 951,531 shares of the corporate's inventory price $12,170,000 after shopping for an extra 70,784 shares within the final quarter. Group One Buying and selling L.P. acquired a brand new stake in shares of Townsquare Media throughout the first quarter price $40,000. Lastly, Acadian Asset Administration LLC elevated its place in shares of Townsquare Media by 0.9% within the first quarter. Acadian Asset Administration LLC now owns 251,706 shares of the corporate's inventory price $3,217,000 after buying an extra 2,203 shares throughout the interval. Institutional buyers and hedge funds personal 50.28% of the corporate's inventory.
Townsquare Media Firm Profile(Get Rating)
Townsquare Media, Inc operates as a digital media and advertising options firm in small and medium-sized companies. It operates via three segments: Subscription Digital Advertising and marketing Options, Digital Promoting, and Broadcast Promoting. The Subscription Digital Advertising and marketing Options section provides numerous digital advertising options, together with internet hosting, SEO, on-line listing optimization, e-commerce options, on-line status monitoring, social media administration, appointment scheduling, cost and bill, buyer administration, e-mail advertising, and web site retargeting companies, in addition to conventional and mobile-enabled web site design, creation, and growth companies.
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