Will stock surge before Earnings results? Town Sports International Holdings, Inc. (NASDAQ:CLUB)

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Earnings results for Town Sports International Holdings, Inc. (NASDAQ:CLUB)

Town Sports International Holdings, Inc. is estimated to report earnings on 05/21/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.09. The reported EPS for the same quarter last year was $-0.08.

Town Sports International last announced its quarterly earnings results on March 20th, 2020. The reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.02. The business had revenue of $115.96 million for the quarter, compared to the consensus estimate of $115.04 million. Town Sports International has generated ($0.43) earnings per share over the last year. Town Sports International has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, May 21st, 2020 based off prior year’s report dates.

Analyst Opinion on Town Sports International Holdings, Inc. (NASDAQ:CLUB)

1 Wall Street analysts have issued ratings and price targets for Town Sports International in the last 12 months. Their average twelve-month price target is $3.00, suggesting that the stock has a possible upside of 536.94%. The high price target for CLUB is $3.00 and the low price target for CLUB is $3.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Town Sports International has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $3.00, Town Sports International has a potential upside of 536.9% from its current price of $0.47. Town Sports International has received no research coverage in the past 90 days.

Dividend Strength: Town Sports International Holdings, Inc. (NASDAQ:CLUB)

Town Sports International does not currently pay a dividend. Town Sports International does not have a long track record of dividend growth.

Insiders buying/selling: Town Sports International Holdings, Inc. (NASDAQ:CLUB)

In the past three months, Town Sports International insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,589.00 in company stock. Only 13.30% of the stock of Town Sports International is held by insiders. Only 22.86% of the stock of Town Sports International is held by institutions.

Earnings and Valuation of Town Sports International Holdings, Inc. (NASDAQ:CLUB

Earnings for Town Sports International are expected to grow in the coming year, from ($0.40) to $0.00 per share. The P/E ratio of Town Sports International is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Town Sports International is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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