Added to YB: 2024-09-02
Pitch date: 2024-08-28
TSQ [bullish]
Townsquare Media, Inc.
-42.67%
current return
Author Info
Thomas Niel is a value investor seeking opportunities in micro-cap and nano-cap stocks.
Company Info
Townsquare Media, Inc., together with its subsidiaries, operates as a digital and broadcast media, and digital marketing solutions company for small and medium-sized businesses in the United States.
Market Cap
$118.5M
Pitch Price
$9.49
Price Target
25.00 (+360%)
Dividend
10.88%
EV/EBITDA
6.28
P/E
-9.03
EV/Sales
1.35
Sector
Media
Category
dividend
Townsquare Media: Buy TSQ Stock For The Yield, Hold It For The Value
TSQ: 7.32% yield, trades at discount. Main biz digital ads, not radio. 52% digital rev, 51% adj. op income. Q2 improved QoQ. Guidance: $440-455M rev, $100-105M EBITDA. 6.5-6.7x EV/EBITDA, undervalued vs peers. $16.36/share value. Buybacks, debt reduction. $25 PT. Risks: macro, debt, dual-class structure.
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