Peter Longauer manages his own stock portfolio and contributes his assessments on various publicly traded companies to Seeking Alpha. On Friday (3/24), Longauer took his financial stethoscope and gave an extensive check-up on Townsquare Media.
“A brief overlook of the website left me with the impression that Townsquare is the hipster of radio broadcasting,” declared Longauer. “Judging from the trendy look of it the company is keeping up with the target audience/consumers, and that is a plus.”
But Longauer took a deeper look into Townsquare Media, and had something to say about its debt. Even with that blemish, Longauer calls Townsquare “a small cap radio company that deserves attention.”