How to Buy Townsquare Media Stock
Townsquare Media Inc
Townsquare Media is a advertising agency company located in New York, United States, which is part of the Communication Services sector, and is traded under the ticker TSQ on the NYSE exchange.
Townsquare Media stock last closed at $12.19, down 0.41% from the previous day, and has increased 30.1% in one year. It has overperformed other stocks in the Advertising Agencies industry by 0.28 percentage points. Townsquare Media stock is currently +52.38% from its 52-week low of $8.00, and -10.17% from its 52-week high of $13.57.
There are currently 16.63M shares of TSQ outstanding. The market capitalization of TSQ is $202.76M. In the last 24 hours, 37,287 TSQ shares were traded.
How to Buy Townsquare Media Stock
Wondering how to invest in Townsquare Media stock? Here's how.
- Choose where to buy Townsquare Media stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Townsquare Media stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your info.
- Analyze Townsquare Media stock: The Townsquare Media ticker symbol is TSQ. Is Townsquare Media stock a good investment? Should you buy shares of TSQ? How do TSQ's underlying business fundamentals look? Do top analysts think Townsquare Media is a good buy? Why has TSQ's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if TSQ is a good stock to buy).
- Execute your TSQ trade: Decide if you will purchase TSQ shares at the current market price or use a limit order to purchase TSQ stock at a specific price.
- Watch your TSQ position: Create a watchlist to keep track of your new investment in Townsquare Media shares.
Step 1: Choose where to buy Townsquare Media stock
You need an online brokerage account in order to access the NYSE market and buy TSQ shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to invest in TSQ stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on apps for stocks, you need to deposit funds:
Check out the tutorial below to see the process of transferring money into your new investment account.
Step 4: Analyze Townsquare Media stock
Once you have chosen the best place to buy Townsquare Media stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Townsquare Media Numbers
TSQ Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on TSQ's stock page.
Is TSQ stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge TSQ's fair value.
Using relative valuations methods:
- TSQ may be overvalued based on its P/B ratio of 31.63x, relative to Advertising Agencies industry P/B ratio of 3.42x
You can do more valuation research on TSQ's stock here.
How do TSQ Financials look?
Signs that TSQ is financially healthy:
- There are more short-term assets than short-term liabilities on the TSQ balance sheet.
Signs that TSQ is not financially healthy:
- TSQ earnings of -$13.85M is not sufficient to cover its interest payments.
- TSQ has a relatively high debt to equity ratio of 100.18.
- There are more long-term liabilities than short-term assets on the TSQ balance sheet.
- TSQ's operating cash flow of $67.83M allows it to safely service it's debt of $550.47M.
- TSQ profit margin has gone down from 2.7% to -9.9% in the past year.
- Total TSQ debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Townsquare Media stock
Out of 3 Equities analysts who give ratings on TSQ, the consensus analyst rating on Townsquare Media is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Townsquare Media stock forecast page.
Metrics for Advanced TSQ Traders
TSQ Performance Numbers
Last year, TSQ revenue was $454.23M. During the last 5 year, TSQ's revenue has grown by 2.18% per year. This was slower than the Advertising Agencies industry average of 3.36%.
Learn more about TSQ's earnings and revenue performance here.
What are TSQ executives and large shareholders up to?
In the past 12 months, insiders at TSQ have sold more shares than they have bought.
Gary L. Ginsberg, Director of TSQ, was the latest TSQ insider to sell. They sold $136,664.52 worth of TSQ stock on Apr 4, 2024.
Research more about who owns TSQ shares here.
Can I rely on TSQ as an income stream?
Townsquare Media pays a dividend of 6.23%, compared to the Advertising Agencies industry's average dividend yield of 5.51%. If you owned $1,000 of TSQ stock, you would have received $62.35 in the past 12 months.
Townsquare Media dividend payments have consistently grown over the past 7 years and have remained stable.
Dig into more data about Townsquare Media dividend yield and history here.
TSQ Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your TSQ trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Hit the Open button and eToro will place the order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your TSQ position
Now that you own some shares in TSQ, you'll want to stay up-to-date on your investment.
Add TSQ to a watchlist to track the most important metrics related to your TSQ stock.
TSQ Feed
How to Buy Stock in Townsquare Media
To reiterate, here are the 6 steps to buy Townsquare Media stock:
- Choose where to buy Townsquare Media stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Townsquare Media stock
- Execute your TSQ trade
- Watch your TSQ position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Townsquare Media, click the button below.
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