A Glimpse Into The Expert Outlook On Townsquare Media Through 7 Analysts
Throughout the last three months, 7 analysts have evaluated Townsquare Media (NYSE:TSQ), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 6 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 4 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $17.5, a high estimate of $21.00, and a low estimate of $12.50. This upward trend is apparent, with the current average reflecting a 1.92% increase from the previous average price target of $17.17.
Interpreting Analyst Ratings: A Closer Look
The perception of Townsquare Media by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
| James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
| James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
| Michael Kupinski | Noble Capital Markets | Raises | Outperform | $21.00 | $20.00 |
| Michael Kupinski | Noble Capital Markets | Raises | Outperform | $21.00 | $20.00 |
| Curry Baker | Guggenheim | Raises | Buy | $12.50 | $12.00 |
| James Goss | Barrington Research | Maintains | Outperform | $17.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Townsquare Media. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Townsquare Media compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Townsquare Media's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Townsquare Media's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
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All You Need to Know About Townsquare Media
Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments which are Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. It earns the majority of the revenue from the Broadcasting Advertising segment, which includes its local, regional, and national advertising products and solutions delivered via terrestrial radio broadcast. Its portfolio includes local media brands such as WYRK.com, WJON.com, and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com.
Townsquare Media: Delving into Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3 months period, Townsquare Media faced challenges, resulting in a decline of approximately -4.56% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.
Net Margin: Townsquare Media's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -2.04%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Townsquare Media's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -30.59%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Townsquare Media's ROA excels beyond industry benchmarks, reaching -0.36%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 85.88, Townsquare Media faces challenges in effectively managing its debt levels, indicating potential financial strain.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.