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Latest posts by Carlos Williams (see all)
- Hot Stock Buzz: ZTO Express (Cayman) Inc. (NYSE: ZTO) - October 29, 2019
- Hot Stock Buzz: VSE Corporation (NASDAQ: VSEC) - October 27, 2019
- Attention Seeking Stock: The Stars Group Inc. (NASDAQ: TSG) - October 25, 2019
TORONTO, October 25, 2019 – Shares of The Stars Group Inc. (NASDAQ: TSG) gained 0.86% to $19.94. The stock grabbed the investor’s attention and traded 5.585M shares as compared to its average daily volume of 3.82M shares. The stock’s institutional ownership stands at 25.88%.
The Stars Group Inc. (TSG) (TSGI.TO) reported first-quarter earnings of $27.90M. The Pointe-Claire, Quebec-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, came to 38 cents per share. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The poker website operator posted revenue of $580.40M in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $613.30M.
TSG has a market value of $5.74B while its EPS was booked as $0.03 in the last 12 months. The stock has 287.77M shares outstanding. Analyst recommendation for this stock stands at 2.00.