Press coverage about Townsquare Media (NYSE:TSQ) has been trending somewhat positive on Tuesday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.18 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.8489341959409 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Townsquare Media (TSQ) traded down $0.04 on Tuesday, reaching $7.77. 36,000 shares of the company’s stock were exchanged, compared to its average volume of 52,571. The stock has a market cap of $141.36, a price-to-earnings ratio of 12.14, a PEG ratio of 1.92 and a beta of 1.56. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.24 and a current ratio of 2.24. Townsquare Media has a 1-year low of $7.00 and a 1-year high of $13.01.

Townsquare Media (NYSE:TSQ) last announced its earnings results on Tuesday, November 7th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). The company had revenue of $164.11 million for the quarter, compared to analysts’ expectations of $168.49 million. Townsquare Media had a net margin of 3.81% and a return on equity of 5.74%. research analysts expect that Townsquare Media will post 0.73 earnings per share for the current fiscal year.

TSQ has been the subject of a number of recent analyst reports. Bank of America lowered shares of Townsquare Media from a “buy” rating to an “underperform” rating in a report on Friday, September 29th. Royal Bank of Canada restated a “buy” rating and issued a $12.00 price objective on shares of Townsquare Media in a report on Friday, October 13th. Stephens lowered shares of Townsquare Media from an “overweight” rating to an “equal weight” rating in a report on Wednesday, November 8th. ValuEngine lowered shares of Townsquare Media from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Noble Financial restated a “buy” rating on shares of Townsquare Media in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $11.67.

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Townsquare Media Company Profile

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)

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