The Stars Group Inc. (TSG) Rating Lowered to Sell at BidaskClub
The Stars Group Inc. (NYSE:TSG) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Thursday.
Separately, Zacks Investment Research downgraded The Stars Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 15th.
Shares of The Stars Group (TSG) opened at 16.50 on Thursday. The firm has a market cap of $2.43 billion and a P/E ratio of 23.11. The firm has a 50-day moving average price of $17.86 and a 200 day moving average price of $17.15. The Stars Group has a one year low of $12.85 and a one year high of $20.35.
The Stars Group (NYSE:TSG) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.04. The company had revenue of $305.31 million for the quarter, compared to analysts’ expectations of $319.64 million. During the same quarter last year, the company earned $0.46 EPS. The Stars Group’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, analysts forecast that The Stars Group will post $2.12 earnings per share for the current fiscal year.
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