Townsquare Media (TSQ) Projected to Post Quarterly Earnings on Monday

Townsquare Media (NYSE:TSQGet Free Report) is projected to issue its quarterly earnings data before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $116.41 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Townsquare Media Stock Performance

NYSE TSQ opened at $7.76 on Friday. The stock has a 50 day simple moving average of $8.80 and a two-hundred day simple moving average of $9.59. Townsquare Media has a fifty-two week low of $7.56 and a fifty-two week high of $13.57. The stock has a market cap of $120.57 million, a P/E ratio of -2.86, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33.

Analysts Set New Price Targets

Separately, Noble Financial restated an “outperform” rating and issued a $21.00 price objective on shares of Townsquare Media in a research report on Friday, January 24th.

Check Out Our Latest Analysis on TSQ

Insider Activity

In related news, EVP Claire Marie Yenicay sold 5,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $9.65, for a total value of $48,250.00. Following the sale, the executive vice president now directly owns 207,393 shares in the company, valued at approximately $2,001,342.45. The trade was a 2.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Scott Schatz sold 4,594 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $9.65, for a total value of $44,332.10. Following the completion of the sale, the executive vice president now owns 31,366 shares in the company, valued at $302,681.90. This represents a 12.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,244 shares of company stock worth $193,337 over the last ninety days. Corporate insiders own 30.50% of the company’s stock.

About Townsquare Media

(Get Free Report)

Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.

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Earnings History for Townsquare Media (NYSE:TSQ)

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