The Stars Group (TSG) Issues FY18 Earnings Guidance
The Stars Group (NASDAQ:TSG) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $2.33-2.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.38. The company issued revenue guidance of $1.39-1.47 billion, compared to the consensus revenue estimate of $1.59 billion.
A number of brokerages recently issued reports on TSG. Zacks Investment Research upgraded shares of The Stars Group from a hold rating to a buy rating and set a $33.00 price target for the company in a research note on Tuesday. BidaskClub upgraded shares of The Stars Group from a hold rating to a buy rating in a research note on Wednesday, February 21st. Finally, ValuEngine upgraded shares of The Stars Group from a buy rating to a strong-buy rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and an average target price of $30.67.
Shares of The Stars Group (NASDAQ TSG) opened at $28.70 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.46. The Stars Group has a 12 month low of $14.45 and a 12 month high of $29.80. The firm has a market cap of $4,336.84, a price-to-earnings ratio of 13.18 and a beta of 1.86.
The Stars Group Company Profile
The Stars Group Inc provides technology-based products and services to the global gaming and interactive entertainment industries. It owns and operates gaming and related interactive entertainment businesses under the PokerStars, PokerStars Casino, BetStars, Full Tilt, StarsDraft, the PokerStars Championship, and PokerStars Festival live poker tour brands.
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