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Tuesday, June 11, 2019
Townsquare Media (TSQ)
Why is the stock below its peers?
Townsquare Media Inc is an entertainment and media company offering digital marketing solutions in the United States and Canada. It owns and operates radio stations, social media properties focusing the small and mid-cap companies. Services offered to the clients include live events, local advertising, digital advertising, e-commerce offerings, few others.
Michael Kupinski, DOR, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Meeting Highlights. This report provides notes from a non-deal road show in the Midwest with Bill Wilson, CEO, Stuart Rosenstein, CFO, and Erik Hellum, COO of Local Media. Meeting highlights include 1) favorable current fundamentals and above average growth outlook, 2) its shift toward a digital media company, and 3) a large disparity of its stock valuation relative to its peers.
- Leading the industry. The company's Digital Media businesses account for roughly 35% of total company revenues and is well on its way to be 50% of its...
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.