Recent significant negative changes in fundamentals have affected Townsquare Media Inc (NYSE: TSQ): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected Townsquare Media Inc (NYSE: TSQ): its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Townsquare Media has a slightly positive Power Rating of 64 and a good Appreciation Score of 74, resulting in the Positive Value Trend Rating.
Recent Price Action
Townsquare Media Inc (NYSE: TSQ) stock closed at $10.95 on 6/7/24 after an increase of 1.1%. However, this advance was accompanied by unusually low trading volume at 51% of normal. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.
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