Zacks: The Stars Group Inc. (TSG) Given $27.47 Average Price Target by Brokerages
Shares of The Stars Group Inc. (NYSE:TSG) have earned an average broker rating score of 2.50 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has given a buy rating to the company. The Stars Group’s rating score has declined by 25% in the last three months as a result of various analysts’ upgrades and downgrades.
Brokers have set a 12 month consensus price target of $27.47 for the company and are predicting that the company will post $0.42 EPS for the current quarter, according to Zacks. Zacks has also given The Stars Group an industry rank of 91 out of 265 based on the ratings given to related companies.
TSG has been the subject of a number of research reports. Zacks Investment Research raised shares of The Stars Group from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Saturday, August 12th. BidaskClub lowered shares of The Stars Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st.
Shares of The Stars Group (TSG) traded up 0.25% on Friday, reaching $20.00. 196,053 shares of the company were exchanged. The company has a market capitalization of $2.94 billion and a price-to-earnings ratio of 28.01. The Stars Group has a 52 week low of $12.85 and a 52 week high of $20.40. The company’s 50-day moving average is $17.75 and its 200-day moving average is $17.23.
The Stars Group (NYSE:TSG) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.56 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.04. The business had revenue of $305.31 million during the quarter, compared to analysts’ expectations of $319.64 million. During the same period last year, the company earned $0.46 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. On average, equities analysts expect that The Stars Group will post $2.24 EPS for the current fiscal year.
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