NASDAQ:TSGStars Group Stock Price, Forecast & News

Stars Group's stock was trading at $20.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TSG shares have increased by 31.6% and is now trading at $27.31. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stars Group in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Stars Group.

Stars Group Inc (NASDAQ:TSG) released its quarterly earnings results on Thursday, February, 27th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.08. The firm had revenue of $688 million for the quarter, compared to analyst estimates of $673.19 million. Stars Group had a net margin of 2.48% and a return on equity of 11.90%. The company's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.52 EPS. View Stars Group's earnings history.

Stars Group issued an update on its first quarter earnings guidance on Friday, April, 17th. The company provided earnings per share guidance of $0.63-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.44. The company issued revenue guidance of $735 million, compared to the consensus revenue estimate of $636.75 million.

10 equities research analysts have issued 1 year price targets for Stars Group's stock. Their forecasts range from $18.00 to $30.00. On average, they anticipate Stars Group's share price to reach $23.51 in the next year. This suggests that the stock has a possible downside of 13.9%. View analysts' price targets for Stars Group.

News headlines about TSG stock have been trending neutral recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Stars Group earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutStars Group.

Stars Group saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 8,920,000 shares, a decrease of 10.1% from the April 15th total of 9,920,000 shares. Based on an average trading volume of 2,430,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.3% of the shares of the company are sold short. View Stars Group's Current Options Chain.

Some companies that are related to Stars Group include IHS Markit (INFO), Snap (SNAP), Match Group (MTCH), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Wix.Com (WIX), Weibo (WB), 58.com (WUBA), GDS (GDS), InterXion (INXN) and Livongo Health (LVGO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Stars Group investors own include Stars Group (TSGI), NVIDIA (NVDA), Canopy Growth (CGC), Alibaba Group (BABA), Marvell Technology Group (MRVL), Baidu (BIDU), Shopify (SHOP), JD.Com (JD), ON Semiconductor (ON) and AbbVie (ABBV).

Stars Group trades on the NASDAQ under the ticker symbol "TSG."

Stars Group's stock is owned by many different retail and institutional investors. Top institutional investors include Capital World Investors (5.94%), Capital Research Global Investors (5.58%), Citigroup Inc. (5.15%), Morgan Stanley (2.61%), Morgan Stanley (2.61%) and Toronto Dominion Bank (2.45%). View institutional ownership trends for Stars Group.

TSG stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CNH Partners LLC, Weiss Multi Strategy Advisers LLC, Morgan Stanley, Morgan Stanley, Odey Asset Management Group Ltd, The Manufacturers Life Insurance Company , and Wellington Management Group LLP. View insider buying and selling activity for Stars Group.

TSG stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Citigroup Inc., Capital Research Global Investors, Segantii Capital Management Ltd, UBS Group AG, Grantham Mayo Van Otterloo & Co. LLC, Athanor Capital LP, and Public Sector Pension Investment Board. View insider buying and selling activity for Stars Group.

Shares of TSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TSG stock can currently be purchased for approximately $27.31.

Stars Group has a market capitalization of $7.91 billion and generates $2.53 billion in revenue each year. The company earns $62.82 million in net income (profit) each year or $1.81 on an earnings per share basis. Stars Group employs 4,591 workers across the globe.

The official website for Stars Group is www.starsgroup.com.

Stars Group's mailing address is 200 BAY STREET SOUTH TOWER SUITE 3205, TORONTO A6, M5J 2J3. The company can be reached via phone at 437-371-5742 or via email at [email protected]