Analysts Set $26.92 Price Target for The Stars Group Inc. (TSG)
The Stars Group Inc. (NYSE:TSG) has received an average broker rating score of 2.50 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The Stars Group’s rating score has declined by 25% in the last 90 days as a result of a number of analysts’ ratings changes.
Brokerages have set a 12 month consensus target price of $26.92 for the company and are anticipating that the company will post $0.42 earnings per share for the current quarter, according to Zacks. Zacks has also given The Stars Group an industry rank of 81 out of 265 based on the ratings given to related companies.
TSG has been the subject of a number of research reports. BidaskClub cut The Stars Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. Zacks Investment Research cut The Stars Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 15th.
The Stars Group (NYSE:TSG) traded up 10.60% during trading on Friday, hitting $19.30. The stock had a trading volume of 750,040 shares. The firm’s 50 day moving average is $17.75 and its 200 day moving average is $17.23. The Stars Group has a 1-year low of $12.85 and a 1-year high of $20.35. The firm has a market cap of $2.84 billion and a price-to-earnings ratio of 27.03.
The Stars Group (NYSE:TSG) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.04. The firm had revenue of $305.31 million for the quarter, compared to analyst estimates of $319.64 million. The Stars Group’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 EPS. On average, analysts anticipate that The Stars Group will post $2.12 earnings per share for the current year.
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