Media headlines about The Stars Group (NASDAQ:TSG) have trended positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Stars Group earned a daily sentiment score of 0.42 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.4323264902746 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of The Stars Group from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Tuesday, March 13th. Desjardins reiterated a “hold” rating on shares of The Stars Group in a research note on Thursday, March 15th. BidaskClub lowered shares of The Stars Group from a “buy” rating to a “hold” rating in a research note on Wednesday, March 21st. Finally, ValuEngine upgraded shares of The Stars Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $30.67.
Shares of NASDAQ:TSG opened at $28.00 on Tuesday. The Stars Group has a 12 month low of $15.85 and a 12 month high of $29.80. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.02. The firm has a market cap of $4,158.99, a P/E ratio of 12.44 and a beta of 1.80.
The Stars Group (NASDAQ:TSG) last announced its quarterly earnings results on Wednesday, March 14th. The company reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.03). The Stars Group had a return on equity of 21.78% and a net margin of 19.74%. The company had revenue of $360.30 million for the quarter, compared to analyst estimates of $355.46 million. During the same quarter in the prior year, the business earned $0.53 earnings per share. The Stars Group’s revenue was up 16.1% compared to the same quarter last year. equities analysts expect that The Stars Group will post 2.44 EPS for the current fiscal year.
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The Stars Group Company Profile
The Stars Group Inc provides technology-based products and services to gaming and interactive entertainment industries in Canada and internationally. It owns and operates gaming and related interactive entertainment businesses under the PokerStars, PokerStars Casino, BetStars, Full Tilt, the PokerStars Players No Limit Hold'em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival, and PokerStars MEGASTACK live poker tour and event brands, The company was formerly known as Amaya, Inc and changed its name to The Stars Group Inc in August 2017.
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