The Stars Group Inc. (TSG) Receives Consensus Rating of “Hold” from Analysts
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 assigned a buy rating to the company.
Analysts have set a one year consensus target price of $25.20 for the company and are forecasting that the company will post $0.42 EPS for the current quarter, according to Zacks. Zacks has also assigned The Stars Group an industry rank of 102 out of 265 based on the ratings given to related companies.
TSG has been the subject of several research reports. BidaskClub upgraded The Stars Group from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Zacks Investment Research upgraded The Stars Group from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Saturday, August 12th.
An institutional investor recently bought a new position in The Stars Group stock. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in shares of The Stars Group Inc. (NYSE:TSG) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,000 shares of the company’s stock, valued at approximately $204,000.
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Shares of The Stars Group (NYSE:TSG) traded up 0.75% during midday trading on Monday, reaching $20.15. The company’s stock had a trading volume of 280,027 shares. The firm has a market capitalization of $2.97 billion and a PE ratio of 28.22. The Stars Group has a 1-year low of $12.85 and a 1-year high of $20.70. The company’s 50-day moving average price is $19.29 and its 200 day moving average price is $18.15.
The Stars Group (NYSE:TSG) last issued its earnings results on Wednesday, August 9th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.52 by $0.04. The firm had revenue of $305.31 million during the quarter, compared to analyst estimates of $319.64 million. The Stars Group’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.46 EPS. On average, equities research analysts forecast that The Stars Group will post $2.24 earnings per share for the current year.
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