Stars Group Inc (NASDAQ:TSG) – Equities research analysts at Cormark issued their Q1 2019 earnings per share (EPS) estimates for Stars Group in a research note issued to investors on Monday, May 13th. Cormark analyst D. Mcfadgen anticipates that the company will earn $0.37 per share for the quarter.

Stars Group (NASDAQ:TSG) last released its quarterly earnings data on Wednesday, May 15th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.05). Stars Group had a negative net margin of 4.99% and a positive return on equity of 16.48%. The firm had revenue of $580.34 million during the quarter, compared to analyst estimates of $621.34 million. During the same period in the prior year, the company earned $0.53 EPS. The business’s quarterly revenue was up 47.7% compared to the same quarter last year.

Other research analysts also recently issued research reports about the company. Echelon Wealth Partners reaffirmed a “buy” rating on shares of Stars Group in a research note on Wednesday, March 6th. Desjardins raised Stars Group from a “hold” rating to a “buy” rating and set a $17.69 price objective for the company in a research note on Thursday, March 28th. Morgan Stanley initiated coverage on shares of Stars Group in a research report on Wednesday, May 1st. They set an “equal weight” rating and a $20.00 target price for the company. Zacks Investment Research raised shares of Stars Group from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, ValuEngine raised shares of Stars Group from a “strong sell” rating to a “sell” rating in a research report on Monday, March 25th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $25.22.

Stars Group stock opened at $18.57 on Thursday. Stars Group has a 1 year low of $15.10 and a 1 year high of $38.95. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $5.08 billion, a PE ratio of 8.48 and a beta of 1.60.

A number of large investors have recently added to or reduced their stakes in TSG. Ladenburg Thalmann Financial Services Inc. increased its position in Stars Group by 128.2% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,796 shares of the company’s stock valued at $31,000 after purchasing an additional 1,009 shares during the period. Focused Wealth Management Inc acquired a new stake in Stars Group during the 4th quarter valued at approximately $34,000. Golden State Wealth Management LLC acquired a new stake in Stars Group during the 1st quarter valued at approximately $53,000. NumerixS Investment Technologies Inc bought a new position in shares of Stars Group during the 4th quarter worth approximately $63,000. Finally, SEI Investments Co bought a new position in shares of Stars Group during the 1st quarter worth approximately $75,000. 62.11% of the stock is owned by institutional investors and hedge funds.

About Stars Group

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.

Further Reading: Momentum Investing

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

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