Town Sports International Holdings, Inc. (NASDAQ:CLUB) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus price target of $7.50 for the company and are expecting that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also assigned Town Sports International an industry rank of 168 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research downgraded shares of Town Sports International from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

In other news, insider Michelle Ryan sold 11,316 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $5.98, for a total transaction of $67,669.68. Following the transaction, the insider now owns 18,333 shares in the company, valued at approximately $109,631.34. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 19.00% of the company’s stock.

Institutional investors have recently modified their holdings of the company. EAM Investors LLC acquired a new stake in shares of Town Sports International during the 3rd quarter valued at about $817,000. Mckinley Capital Management LLC Delaware acquired a new stake in shares of Town Sports International during the 3rd quarter valued at about $1,045,000. Macquarie Group Ltd. acquired a new stake in shares of Town Sports International during the 3rd quarter valued at about $1,058,000. Kennedy Capital Management Inc. boosted its position in shares of Town Sports International by 1.0% during the 2nd quarter. Kennedy Capital Management Inc. now owns 214,626 shares of the company’s stock valued at $1,009,000 after acquiring an additional 2,089 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of Town Sports International by 340.7% during the 2nd quarter. Acadian Asset Management LLC now owns 33,055 shares of the company’s stock valued at $155,000 after acquiring an additional 25,555 shares in the last quarter. Institutional investors and hedge funds own 54.28% of the company’s stock.

Town Sports International (NASDAQ CLUB) opened at $5.70 on Tuesday. Town Sports International has a twelve month low of $2.35 and a twelve month high of $7.15. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of -1.95.

COPYRIGHT VIOLATION NOTICE: “Brokerages Anticipate Town Sports International Holdings, Inc. (CLUB) to Announce ($0.02) Earnings Per Share” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/12/12/brokerages-anticipate-town-sports-international-holdings-inc-club-to-announce-0-02-earnings-per-share.html.

Town Sports International 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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