Townsquare Media (NYSE:TSQ) Receiving Somewhat Positive Press Coverage, Analysis Finds

Media stories about Townsquare Media (NYSE:TSQ) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news 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 media sentiment score of 0.01 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.2771092531163 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of analysts have recently commented on the company. Bank of America Corporation cut Townsquare Media from a “buy” rating to an “underperform” rating in a research report on Friday, September 29th. Royal Bank Of Canada set a $13.00 target price on Townsquare Media and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Jefferies Group LLC restated a “buy” rating and issued a $13.00 price target on shares of Townsquare Media in a research report on Tuesday, September 12th. Noble Financial restated a “buy” rating on shares of Townsquare Media in a research report on Friday, August 11th. Finally, Zacks Investment Research cut Townsquare Media from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Townsquare Media presently has an average rating of “Hold” and an average price target of $12.33.

Townsquare Media (NYSE:TSQ) traded up 0.59% during trading on Friday, reaching $10.27. The company’s stock had a trading volume of 57,876 shares. The firm has a 50 day moving average of $10.11 and a 200 day moving average of $10.46. Townsquare Media has a 52 week low of $8.12 and a 52 week high of $13.01. The stock has a market capitalization of $189.77 million, a price-to-earnings ratio of 13.60 and a beta of 1.74.

Townsquare Media (NYSE:TSQ) last issued its earnings results on Wednesday, August 9th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.01). Townsquare Media had a net margin of 4.11% and a return on equity of 6.85%. The firm had revenue of $140.66 million during the quarter, compared to the consensus estimate of $141.49 million. Analysts expect that Townsquare Media will post $0.95 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: “Townsquare Media (NYSE:TSQ) Receiving Somewhat Positive Press Coverage, Analysis Finds” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at

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.

Insider Buying and Selling by Quarter for Townsquare Media (NYSE:TSQ)

Receive News & Ratings for Townsquare Media Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Townsquare Media Inc. and related companies with's FREE daily email newsletter.

Leave a Reply