The Stars Group Inc. (TSG) Upgraded to Hold by BidaskClub
BidaskClub upgraded shares of The Stars Group Inc. (NYSE:TSG) from a sell rating to a hold rating in a report published on Friday morning.
Separately, Zacks Investment Research raised shares of The Stars Group from a hold rating to a buy rating and set a $21.00 price objective on the stock in a research note on Saturday, August 12th.
Shares of The Stars Group (NYSE TSG) traded up 10.60% during mid-day trading on Friday, hitting $19.30. 750,040 shares of the stock were exchanged. The stock has a market cap of $2.84 billion and a PE ratio of 27.03. The Stars Group has a one year low of $12.85 and a one year high of $20.35. The company 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 data on Wednesday, August 9th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.04. The firm had revenue of $305.31 million for the quarter, compared to analysts’ expectations of $319.64 million. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 EPS. On average, equities analysts predict that The Stars Group will post $2.12 earnings per share for the current year.
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