The Stars Group Inc. (TSG) Rating Increased to Hold at BidaskClub
BidaskClub upgraded shares of The Stars Group Inc. (NYSE:TSG) from a sell rating to a hold rating in a research report released on Friday.
Separately, Zacks Investment Research raised The Stars Group from a hold rating to a buy rating and set a $21.00 price target for the company in a research note on Saturday, August 12th.
Shares of The Stars Group (NYSE TSG) opened at 19.40 on Friday. The company has a market cap of $2.86 billion and a price-to-earnings ratio of 27.17. The Stars Group has a 1-year low of $12.85 and a 1-year high of $20.35. The stock has a 50 day moving average of $17.75 and a 200 day moving average of $17.23.
The Stars Group (NYSE:TSG) last announced its quarterly earnings results on Wednesday, August 9th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates 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 in the previous year, the business earned $0.46 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. Analysts predict that The Stars Group will post $2.12 EPS for the current year.
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