Spencer Wells - Town Sports Independent Director
Director
Mr. L. Spencer Wells is the Independent Director of the company. He served as a director since March 2015. Mr. Wells has over 20 years of experience as a portfolio manager and financial analyst. Since 2013, he was a Partner at Drivetrain Advisors, an advisory firm providing fiduciary services to members of the alternative investment community. Prior to cofounding Drivetrain Advisors, Mr. Wells served as a Partner of TPG Special Situations Partners from September 2010 to January 2013 and then as a senior advisor until July 2013, where he was jointly responsible for managing a 2.5 billion portfolio of distressed and special situations investments. From 2002 until 2009, Mr. Wells served as a Partner and a Portfolio Manager at Silverpoint Capital, L.P., an alternative investment manager specializing in distressed credit. While at Silverpoint, he was responsible for a 1.3 billion portfolio of credit and equity investments in the energy, chemicals, and building products sectors. Mr. Wells has served on the board of directors of Advanced Emissions Solutions, Inc. since July 2014, on the board of directors of Vantage Drilling International since February 2016, and on the board of directors of NextDecade Corporationrationsince August 2017. He also serves as a director on the boards of two other private since 2015.
| Age | 46 |
| Tenure | 9 years |
| Phone | 914 347-4009 |
| Web | www.townsportsinternational.com |
Town Sports Management Efficiency
The company has return on total asset (ROA) of (1.25) % which means that it has lost $1.25 on every $100 spent on assets. This is way below average. Town Sports' management efficiency ratios could be used to measure how well Town Sports manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 790.75 M in liabilities. Town Sports International has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Town Sports until it has trouble settling it off, either with new capital or with free cash flow. So, Town Sports' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Town Sports International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Town to invest in growth at high rates of return. When we think about Town Sports' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Peter Skala | Yum Brands | 60 | |
| Barry Allen | BCE Inc | 70 | |
| Parker Rush | Iridium Communications | 58 | |
| Justin Skala | Yum Brands | 57 | |
| Christopher Connor | Yum Brands | 65 | |
| Scott Ford | Westrock Coffee | 61 | |
| Henrik Schliemann | Iridium Communications | 53 | |
| Katherine Lee | BCE Inc | 57 | |
| Robert Walter | Yum Brands | 71 | |
| Margaret Randazzo | Westrock Coffee | 46 | |
| Paul Gordon | Ark Restaurants Corp | 73 | |
| Paul Weiss | BCE Inc | 71 | |
| Keith Barr | Yum Brands | 50 | |
| Thomas Ryan | Yum Brands | 62 | |
| Lauren Hobart | Yum Brands | 51 | |
| Alvin Krongard | Iridium Communications | 81 | |
| Guisela Nunez | Ark Restaurants Corp | N/A | |
| Janet Hill | The Wendys Co | 68 | |
| Stanford Smith | Iridium Communications | 55 | |
| Robert Simmonds | BCE Inc | 67 | |
| Kristin Dolan | The Wendys Co | 51 | |
Management Performance
| Return On Equity | 0.0025 | |||
| Return On Asset | -1.25 |
Town Sports International Leadership Team
Elected by the shareholders, the Town Sports' board of directors comprises two types of representatives: Town Sports inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Town. The board's role is to monitor Town Sports' management team and ensure that shareholders' interests are well served. Town Sports' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Town Sports' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jason Fish, Independent Director | ||
| Michelle Ryan, Chief Marketing Officer | ||
| Martin Annese, Director | ||
| Leam Nelson, Sr. VP, General Counsel and Corporate Secretary | ||
| Spencer Wells, Independent Director | ||
| Stuart Steinberg, General Counsel | ||
| Nitin Ajmera, Senior Vice President Shared Services and Controller | ||
| Patrick Walsh, Executive Chairman and Member of Executive Committee | ||
| Mandy Lam, Director | ||
| Gregory Bartoli, COO | ||
| Marcus Dunlop, Director | ||
| Carolyn Spatafora, CFO | ||
| Thomas Galligan, Independent Chairman of the Board |
Town Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Town Sports a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0025 | |||
| Return On Asset | -1.25 | |||
| Profit Margin | (34.10) % | |||
| Operating Margin | (3.42) % | |||
| Current Valuation | 774 M | |||
| Shares Outstanding | 29.72 M | |||
| Shares Owned By Insiders | 14.94 % | |||
| Shares Owned By Institutions | 56.32 % | |||
| Number Of Shares Shorted | 1.61 M | |||
| Price To Earning | (5.42) X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Town Sports in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Town Sports' short interest history, or implied volatility extrapolated from Town Sports options trading.
Pair Trading with Town Sports
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Town Sports position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Town Sports will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Schlumberger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Schlumberger when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Schlumberger - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Schlumberger NV to buy it.
The correlation of Schlumberger is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Schlumberger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Schlumberger NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Schlumberger can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Town Stock
If you are still planning to invest in Town Sports International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Town Sports' history and understand the potential risks before investing.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |