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

Brokerages have set a one year consensus price objective of $13.00 for the company and are anticipating that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also given Town Sports International an industry rank of 160 out of 255 based on the ratings given to related companies.

A number of brokerages have commented on CLUB. ValuEngine upgraded shares of Town Sports International from a “hold” rating to a “buy” rating in a research note on Tuesday. BidaskClub cut shares of Town Sports International from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 31st. Finally, Zacks Investment Research cut shares of Town Sports International from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd.

Shares of CLUB stock opened at $9.39 on Friday. The company has a debt-to-equity ratio of -2.58, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $235.20 million, a price-to-earnings ratio of -55.24 and a beta of 2.31. Town Sports International has a one year low of $5.00 and a one year high of $14.85.

Town Sports International (NASDAQ:CLUB) last issued its earnings results on Friday, July 27th. The company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.02). The business had revenue of $112.33 million for the quarter, compared to analyst estimates of $110.71 million. On average, equities analysts forecast that Town Sports International will post 0.15 EPS for the current fiscal year.

In related news, CFO Carolyn Spatafora sold 35,584 shares of the stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $10.14, for a total transaction of $360,821.76. Following the completion of the sale, the chief financial officer now owns 165,537 shares of the company’s stock, valued at $1,678,545.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Patrick Walsh bought 4,301 shares of the firm’s stock in a transaction that occurred on Friday, September 14th. The shares were purchased at an average cost of $8.80 per share, with a total value of $37,848.80. Following the transaction, the chief executive officer now directly owns 1,507,749 shares of the company’s stock, valued at $13,268,191.20. The disclosure for this purchase can be found here. 16.00% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC raised its holdings in shares of Town Sports International by 10.5% in the second quarter. Renaissance Technologies LLC now owns 2,533,000 shares of the company’s stock worth $36,855,000 after buying an additional 241,200 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Town Sports International by 782.6% in the second quarter. BlackRock Inc. now owns 799,431 shares of the company’s stock worth $11,632,000 after buying an additional 708,853 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Town Sports International by 75.4% in the second quarter. Acadian Asset Management LLC now owns 627,337 shares of the company’s stock worth $9,127,000 after buying an additional 269,701 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Town Sports International by 10.7% in the second quarter. Dimensional Fund Advisors LP now owns 621,243 shares of the company’s stock worth $9,038,000 after buying an additional 59,933 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new position in shares of Town Sports International in the second quarter worth $2,848,000. 70.36% of the stock is owned by institutional investors.

About Town Sports International

Town Sports International Holdings, Inc, together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The company's clubs offer special purpose rooms for group fitness classes; and other exercise programs, as well as accommodate cardiovascular and strength-training equipment.

Further Reading: Insider Trading

Get a free copy of the Zacks research report on Town Sports International (CLUB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Town Sports International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Town Sports International and related companies with MarketBeat.com's FREE daily email newsletter.