Stock To Watch: Townsquare Media, Inc. (NYSE:TSQ)


The leading market experts have placed a mean price target of $13.19 on Townsquare Media, Inc. (NYSE:TSQ) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.26 a share for the upcoming quarter and $1.11 for the current fiscal.

Technical View

The technical analysis of Townsquare Media, Inc. Class A plainly substantiates that the 50-day moving average of Townsquare Media, Inc. Class A is $8.57, and stock is trading $0.79 points away or +9.25% from its 50-day moving average of $8.57. Further it is trading $-0.14 or -1.45% away its 200-day moving average of $9.50. Townsquare Media, Inc. (NYSE:TSQ) 52-week high is $12.05 and the 52-week low is $7.30.

This explains if the stock moves $-2.69, it will post a 52-week high. In event of +28.22% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Townsquare Media, Inc. Class A , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Townsquare Media, Inc. (NYSE:TSQ) ratio came in at 13.31.

The stock last ended the trading session at $9.36 and registered a market cap of $172.17M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Townsquare Media, Inc. (NYSE:TSQ) PEG ratio is at 0.22.

1 Chart Pattern Every Investor Should Know

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