Townsquare Media Inc (NYSE: TSQ) has reported E.P.S. of $0.07 for its first fiscal quarter (ending March 31) versus $-0.14 for the same period a year ago. Relative to the consensus estimate of $0.13, this was a shortfall of $-0.06. E.P.S. were $-2.53 for the latest four quarters through March 31 versus $0.45 for the same period a year ago — a decline of -662%.
Recent Price Action
Townsquare Media Inc (NYSE: TSQ) stock closed at $12.20 on 5/9/24 after a decline of -3.3%. This decline was accompanied by normal trading volume. The stock has risen 2.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TSQ is expected to continue to be a major Value Builder.
Townsquare Media has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Townsquare Media has a good Power Rating of 79 and a good Appreciation Score of 83, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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