Analysts expect Stars Group Inc (NASDAQ:TSG) to post earnings of $0.47 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Stars Group’s earnings. The lowest EPS estimate is $0.44 and the highest is $0.49. Stars Group reported earnings of $0.60 per share during the same quarter last year, which indicates a negative year over year growth rate of 21.7%. The business is scheduled to announce its next quarterly earnings report on Monday, August 12th.

According to Zacks, analysts expect that Stars Group will report full year earnings of $1.87 per share for the current year, with EPS estimates ranging from $1.77 to $1.94. For the next financial year, analysts forecast that the firm will report earnings of $2.23 per share, with EPS estimates ranging from $1.98 to $2.48. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Stars Group.

Stars Group (NASDAQ:TSG) last released its quarterly earnings data on Wednesday, May 15th. The company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.05). Stars Group had a positive return on equity of 12.81% and a negative net margin of 6.71%. The company had revenue of $580.34 million for the quarter, compared to the consensus estimate of $621.34 million. During the same period last year, the firm earned $0.53 earnings per share. The company’s revenue for the quarter was up 47.7% compared to the same quarter last year.

TSG has been the subject of a number of recent research reports. ValuEngine raised shares of Vermillion from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th. Desjardins reissued a “hold” rating on shares of Choice Properties REIT in a research report on Thursday, May 16th. Zacks Investment Research raised shares of Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a research report on Thursday, May 23rd. Deutsche Bank raised shares of MGM CHINA HOLDI/ADR to a “buy” rating in a research report on Monday, July 1st. Finally, BidaskClub cut shares of Ames National from a “hold” rating to a “sell” rating in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.22.

Shares of Stars Group stock traded down $0.15 during trading on Friday, reaching $15.83. The company’s stock had a trading volume of 1,216,668 shares, compared to its average volume of 2,260,419. The firm’s 50-day moving average price is $16.59. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 7.23 and a beta of 1.55. Stars Group has a 52 week low of $15.10 and a 52 week high of $38.00. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.88 and a current ratio of 0.88.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Odey Asset Management Group Ltd boosted its stake in Stars Group by 182.6% in the 4th quarter. Odey Asset Management Group Ltd now owns 4,724,237 shares of the company’s stock worth $78,044,000 after purchasing an additional 3,052,237 shares during the period. Toronto Dominion Bank increased its position in Stars Group by 28.5% in the first quarter. Toronto Dominion Bank now owns 9,249,142 shares of the company’s stock worth $161,835,000 after buying an additional 2,051,098 shares in the last quarter. Norges Bank purchased a new stake in Stars Group in the fourth quarter worth about $30,402,000. Thompson Siegel & Walmsley LLC increased its position in Stars Group by 36.1% in the first quarter. Thompson Siegel & Walmsley LLC now owns 3,294,645 shares of the company’s stock worth $57,689,000 after buying an additional 874,007 shares in the last quarter. Finally, Moab Capital Partners LLC purchased a new stake in Stars Group in the fourth quarter worth about $11,655,000. 60.72% of the stock is owned by institutional investors and hedge funds.

Stars Group Company Profile

The Stars Group Inc engages in online gaming and betting businesses primarily in Europe, Australia, and the Americas. It owns and operates gaming and related interactive entertainment businesses, such as online real-money poker, casino and betting, play-money poker, and casino and sports prediction games, which are delivered through mobile, Web, and desktop applications.

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Earnings History and Estimates for Stars Group (NASDAQ:TSG)

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