News headlines about Town Sports International Holdings (NASDAQ:CLUB) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Town Sports International Holdings earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.9519543536939 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several research firms have commented on CLUB. Zacks Investment Research raised Town Sports International Holdings from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a report on Wednesday, August 2nd. Imperial Capital reissued an “outperform” rating and issued a $7.50 target price (up from $5.00) on shares of Town Sports International Holdings in a report on Monday, July 31st.
Shares of Town Sports International Holdings (CLUB) opened at 5.70 on Wednesday. The firm has a 50-day moving average price of $5.65 and a 200 day moving average price of $4.37. Town Sports International Holdings has a 12-month low of $2.10 and a 12-month high of $6.15. The company’s market capitalization is $143.87 million.
Town Sports International Holdings (NASDAQ:CLUB) last posted its quarterly earnings data on Thursday, July 27th. The company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.14) by $0.12. The business had revenue of $99.99 million during the quarter, compared to analyst estimates of $98.68 million. On average, equities research analysts predict that Town Sports International Holdings will post ($0.24) earnings per share for the current year.
In other Town Sports International Holdings news, Director Louis Spencer Wells sold 6,000 shares of Town Sports International Holdings stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $5.90, for a total transaction of $35,400.00. Following the completion of the sale, the director now owns 21,235 shares of the company’s stock, valued at approximately $125,286.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael G. Linn sold 4,060,082 shares of Town Sports International Holdings stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $3.60, for a total value of $14,616,295.20. The disclosure for this sale can be found here. 19.00% of the stock is owned by company insiders.
Town Sports International Holdings Company Profile
Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.
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