Townsquare MediaTSQ
About: 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.
Employees: 2,159
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
49% more call options, than puts
Call options by funds: $447K | Put options by funds: $299K
4% more funds holding
Funds holding: 79 [Q2] → 82 (+3) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2.17% less ownership
Funds ownership: 65.29% [Q2] → 63.12% (-2.17%) [Q3]
10% less capital invested
Capital invested by funds: $102M [Q2] → $91.7M (-$10.7M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Barrington Research James Goss 52% 1-year accuracy 50 / 96 met price target | 88%upside $17 | Outperform Maintained | 11 Nov 2024 |
Financial journalist opinion
