Townsquare Media Inc

NYSE TSQ

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Townsquare Media Inc Price to Sales Ratio (P/S) on June 03, 2024: 0.36

Townsquare Media Inc Price to Sales Ratio (P/S) is 0.36 on June 03, 2024, a -10.39% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

Townsquare Media Inc 52-week high Price to Sales Ratio (P/S) is 0.48 on April 08, 2024, which is 31.70% above the current Price to Sales Ratio (P/S).
Townsquare Media Inc 52-week low Price to Sales Ratio (P/S) is 0.31 on October 27, 2023, which is -15.00% below the current Price to Sales Ratio (P/S).
Townsquare Media Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 0.38.

NYSE: TSQ

Townsquare Media Inc

CEO	Mr. Steven Price
IPO Date	Jan. 25, 2000
Location	United States
Headquarters	One Manhattanville Road, Purchase, NY, United States, 10577
Employees	2,159
Sector	Communication Services
Industry	Advertising agencies

Description

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services. The Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. It also owns and operates live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.

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