Favorable Media Coverage Somewhat Unlikely to Affect The Stars Group (TSG) Share Price

News coverage about The Stars Group (NYSE:TSG) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. The Stars Group earned a daily sentiment score of 0.27 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.4611697025777 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of The Stars Group (TSG) opened at 19.80 on Friday. The stock’s 50 day moving average is $19.52 and its 200 day moving average is $18.24. The Stars Group has a 1-year low of $12.85 and a 1-year high of $20.70. The firm has a market capitalization of $2.91 billion and a P/E ratio of 27.73.

The Stars Group (NYSE:TSG) last posted its earnings results on Wednesday, August 9th. The company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.04. The company had revenue of $305.31 million during the quarter, compared to analysts’ expectations of $319.64 million. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business earned $0.46 earnings per share. Equities analysts predict that The Stars Group will post $2.24 earnings per share for the current year.

Several equities research analysts have recently commented on TSG shares. BidaskClub downgraded shares of The Stars Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st. Zacks Investment Research upgraded shares of The Stars Group from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Wednesday, October 11th.

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