Townsquare Media (NYSE:TSQ) 주식

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.

News

Penny Stocks

Short Ideas

Small Cap

Pre-Market Outlook

Markets

Trading Ideas

MDIA

SOHU

2024년 4월 8일 기준, 통신 서비스 섹터의 4개 주식이 모멘텀을 상당히 중요하게 생각하는 투자자들에게 실질적 경고를 보내고 있다고 볼 수 있다.RSI는 모멘텀 지표로, 이는 주가가 상승한 날의 주식 강도를 주가가 하락한 날의 주식 강도와 비교한다. 주식 가격의 변화와 비교할 때 주식이 단기간 내에 어떻게 움직일지에 대한 트레이더의 감을 더 잘 줄 수 있다. Benzinga Pro의 보고에 따르면 주로 RSI가 70 이상일 때 주식은 과매수로 간주된다.

2분기에 추락할 수 있는 최상위 기술 및 통신주 4종목

Townsquare Media, Inc. Class A Common Stock

Townsquare Media Inc

"As anticipated, our digital divisions had a very strong fourth quarter, as Townsquare Interactive returned to year-over-year revenue growth, and Digital Advertising net revenue accelerated to year-over-year growth rates in excess of +15%, helped by national digital advertising returning to revenue growth together with ongoing strength in our digital programmatic business," commented Bill Wilson, Chief Executive Officer of Townsquare Media, Inc.

Guidance

Townsquare Media Expects Q4 Net Revenue Of $117M - $119M, Est $116.413M

"We are pleased to pre-announce our fourth quarter and full year 2024 estimated results that are directly in-line with the expectations and guidance we had previously outlined on our third quarter earnings call," the company said.

Townsquare Media Expects Full Year Net Revenue Of $450M - $452M, Within Guidance Range Of $448M - $452M; Est $449.58M

Barrington Research analyst James Goss maintains Townsquare Media (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSQ#NYSE">TSQ</a>) with a Outperform and maintains $17 price target.

Price Target

Analyst Ratings

Barrington Research Maintains Outperform on Townsquare Media, Maintains $17 Price Target

Townsquare Expects Q4 Net Revenue Of $114.8 Million And $118.8 Million (Est $121.299M), Narrows FY24 Outlook From $440M - $455M To $448M - $452M, Est $454.302M

Townsquare Media (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSQ#NYSE">TSQ</a>) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.34 by 2.94 percent. This is a 23.91 percent decrease over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $115.31 million which missed the analyst consensus estimate of $115.47 million by 0.14 percent. This is a 0.18 percent increase over sales of $115.10 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Townsquare Media Q3 2024 Adj EPS $0.35 Beats $0.34 Estimate, Sales $115.31M Miss $115.47M Estimate

Townsquare Media Q2 2024 Adj. EPS $0.14 vs $0.36 Estimate, Sales $118.225M Beat $117.845M Estimate

Throughout the last three months, 7 analysts have evaluated Townsquare Media (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSQ#NYSE">TSQ</a>), 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.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
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.
<img src="https://www.benzinga.com/files/images/story/2024/1715360441_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
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.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>James Goss</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>James Goss</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>James Goss</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Michael Kupinski</td>
<td>Noble Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Michael Kupinski</td>
<td>Noble Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Curry Baker</td>
<td>Guggenheim</td>
<td>Raises</td>
<td>Buy</td>
<td>$12.50</td>
<td>$12.00</td>
</tr>
<tr>
<td>James Goss</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$17.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>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.</li>
<li>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.</li>
<li>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.</li>
</ul>
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.
<a href="https://www.benzinga.com/quote/TSQ/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Townsquare Media analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About Townsquare Media</h2>
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.
<h3>Townsquare Media: Delving into Financials</h3>
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.
<h2>What Are Analyst Ratings?</h2>
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.

A Glimpse Into The Expert Outlook On Townsquare Media Through 7 Analysts

Guidance
For the&nbsp;second quarter&nbsp;of 2024, net revenue is expected to be between&nbsp;$117.5 million&nbsp;and&nbsp;$119.0 million, and Adjusted EBITDA is expected to be between&nbsp;$26.0 million&nbsp;and&nbsp;$27.0 million.
For the full year 2024, net revenue&nbsp;guidance&nbsp;is reaffirmed to be between&nbsp;$440 million&nbsp;and&nbsp;$460 million, and Adjusted EBITDA&nbsp;guidance&nbsp;is reaffirmed to be between&nbsp;$100 million&nbsp;and&nbsp;$110 million.

Townsquare Media Reiterated FY24 Revenue of $440M-$460M Vs $453.47M Est

Townsquare Media Expects Q2 Revenue of $117.5M-$119.0M Vs $118.79M Est

Townsquare Media (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSQ#NYSE">TSQ</a>) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.05 by 40 percent. The company reported quarterly sales of $99.633 million which beat the analyst consensus estimate of $98.638 million by 1.01 percent. This is a 3.37 percent decrease over sales of $103.110 million the same period last year.

Townsquare Media Q1 2024 Adj EPS $0.03 Misses $0.05 Estimate, Sales $99.633M Beat $98.638M Estimate

As of April 8, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Townsquare Media, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsq#NYSE">TSQ</a>)</h3>
<ul>
<li>On March 15, Townsquare Media posted upbeat quarterly results. &ldquo;I am pleased to share that Townsquare&rsquo;s fourth quarter results met or exceeded our previously issued guidance, and our full year results met the guidance that we issued at the start of 2023. 2023 net revenue (excluding political) decreased -0.9% year-over-year, and -1.9% in total, to $454.2 million, the second highest revenue amount in Townsquare&rsquo;s history,&rdquo; commented Bill Wilson, Chief Executive Officer of Townsquare Media, Inc. The company&rsquo;s stock gained around 14% over the past five days and has a <a href="https://www.benzinga.com/quote/TSQ">52-week high of $13.</a>57.</li>
<li>RSI Value: 78.94</li>
<li>TSQ Price Action: Shares of Townsquare Media gained 7.4% to trade at $13.48 on Monday.</li>
</ul>
<h3>Sohu.com Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sohu#NASDAQ">SOHU</a>)</h3>
<ul>
<li>On March 4, Sohu.com posted a narrower-than-expected quarterly loss. The company&rsquo;s stock gained around 24% over the past month and <a href="https://www.benzinga.com/quote/SOHU"> has a 52-week high </a> of $14.55.</li>
<li>RSI Value: 75.83</li>
<li>SOHU Price Action: Shares of Sohu.com gained 0.8% to trade at $11.46 on Monday.</li>
</ul>
<h3>So-Young International Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sy#NASDAQ">SY</a>)</h3>
<ul>
<li>On March 20, So-Young Intl posted stronger-than-expected quarterly earnings. The company&rsquo;s stock gained around 11% over the past five days and has a <a href="https://www.benzinga.com/quote/SY"> 52-week high </a> of $2.98.</li>
<li>RSI Value: 70.11</li>
<li>SY Price Action: Shares of So-Young International gained 4.4% to trade at $1.20 on Monday.</li>
</ul>
<h3>MediaCo Holding Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mdia#NASDAQ">MDIA</a>)</h3>
<ul>
<li>On April 4, an SEC filing showed Standard General L.P. reported a 95.2% stake in the company, as of April 1. The company&rsquo;s stock jumped around 266% over the past five days and has a 52-week high is $6.86.</li>
<li>RSI Value: 72.11</li>
<li>MDIA Price Action: Shares of MediaCo Holding fell 25% to trade at $2.90 on Monday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38144100/delta-air-lines-likely-to-report-higher-q1-earnings-here-are-the-recent-forecast-changes-from-wall-"> Delta Air Lines Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street&#39;s Most Accurate Analysts </a>

Top 4 Tech & Telecom Stocks That May Crash In Q2

Noble Capital Markets analyst Michael Kupinski maintains Townsquare Media (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSQ#NYSE">TSQ</a>) with a Outperform and raises the price target from $20 to $21.

Noble Capital Markets Maintains Outperform on Townsquare Media, Raises Price Target to $21

Q1&#39;24 and Full Year 2024&nbsp;Guidance&nbsp;Reaffirmed
For the&nbsp;first quarter&nbsp;of 2024, net revenue&nbsp;guidance&nbsp;is reaffirmed to be between&nbsp;$98.5 million&nbsp;and&nbsp;$100 million, and Adjusted EBITDA&nbsp;guidance&nbsp;is reaffirmed to be between&nbsp;$17.5 million&nbsp;and&nbsp;$18.5 million.
For the full year 2024, net revenue&nbsp;guidance&nbsp;is reaffirmed to be between approximately&nbsp;$440 million&nbsp;and&nbsp;$460 million, and Adjusted EBITDA&nbsp;guidance&nbsp;is reaffirmed to be between&nbsp;$100 million&nbsp;and&nbsp;$110 million.

Townsquare Reaffirmed Q1 Net Revenue of $98.5M-$100M Vs $98.64M Est, FY24 Revenue of $440M-$460M Vs $453.47M Est

Townsquare Media, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSQ#NYSE">TSQ</a>) (the &quot;Company&quot; or &quot;Townsquare&quot;) announced that today we are repurchasing and retiring 1.5 million shares of Class A common stock held by MSG National Properties, LLC (&quot;MSG&quot;), for&nbsp;$9.76&nbsp;per share. The purchase price reflects an&nbsp;11%&nbsp;discount from the closing price of the Class A common stock on March 28, 2024. This transaction follows Townsquare&#39;s June 2023 repurchase of 1.5 million shares from MSG at&nbsp;$9.70&nbsp;per share, and March 2021 repurchase of 12.6 million shares and warrants from Oaktree Capital Management, L.P. at&nbsp;$6.40&nbsp;per share. The purchase price of&nbsp;$14.6 million&nbsp;was funded entirely with cash on hand. In 2023, Townsquare&#39;s Cash Flow from Operations increased&nbsp;35%&nbsp;year-over-year to&nbsp;$68 million, or approximately&nbsp;$4.07&nbsp;per basic share based on shares outstanding as of March 28, 2024. Pro forma for this transaction, Cash Flow from Operations per basic share increased to approximately&nbsp;$4.47, representing accretion of approximately&nbsp;10%. Following the transaction, the Company has 15.2 million shares outstanding.&nbsp;&nbsp;

Comments

Townsquare Media

뉴스

파트너 / 기고자

벤징가 글로벌