|Bid||15.39 x 4000|
|Ask||42.00 x 800|
|Day's Range||16.01 - 16.26|
|52 Week Range||15.10 - 38.95|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.78|
Stars Group Inc NASDAQ/NGS:TSGView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for TSG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TSG. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding TSG totaled $987 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
TORONTO , Jan. 22, 2019 /CNW/ - The Stars Group (TSG) (TSGI.TO) today announced the success of the annual PokerStars Caribbean Adventure (PCA), which immediately followed the first ever PokerStars Players No-limit Hold'em Championship (PSPC), two major live poker tournaments sponsored by its flagship poker brand. "Together, the PCA and PSPC have set a new standard for live events of this kind," said Rafi Ashkenazi, Chief Executive Officer of The Stars Group. "These tournaments created many winning moments and exciting stories for our players and staff, particularly for Ramon Colillas, who won over $5 million from a free entry.
There is a new sector in the United States that could be set to boom on the back of a piece of historic legislation, and one company is already making moves
PokerStars (TSG) (TSGI.TO), the flagship poker brand of The Stars Group, announced today that Ramon Colillas from Barcelona, Spain, won $5.1 million and was crowned the winner of the PokerStars Players No-Limit Hold'em Championship (PSPC), the richest and biggest-ever $25,000 buy-in poker tournament. Colillas won free entry into the tournament as part of a PokerStars global promotion that awarded 320 people a $30,000 Platinum Pass package, which in addition to free entry, covered travel and hotel accommodations at the Atlantis Resort & Casino in the Bahamas.
TSX: TSGI) today announced that the Kentucky Court of Appeals has ruled in its favor and reversed in its entirety the $870 million judgment issued against it by a trial court judge in December 2015 . "We applaud the decision of the highly-respected three-judge panel of the Kentucky Court of Appeals," stated Marlon Goldstein , Executive Vice President & Chief Legal Officer of The Stars Group. The litigation that is subject to the appeal was initially filed by the Commonwealth of Kentucky in 2010, approximately four years prior to The Stars Group's acquisition of the PokerStars business, and sought recovery of alleged losses by Kentucky residents who played real-money poker on PokerStars' website during a period between 2006 and 2011.
Is the stock market reasonably priced or expensive? A couple of metrics have investors scared about stock prices, suggests Jim Paulsen, the chief investment strategist at The Leuthold Group. According to Paulsen, the median U.S. stock has a P/E multiple today that is almost 50% more expensive than during the dot-com bubble of 2000. Also, the price-to-sales ratio hasn’t been this high since the end of World War II. Marijuana stocks are definitely contributing to this third metric.
Eldorado Resorts Inc. shares rose more than 8% Monday, after The Stars Group Inc. said it has agreed a deal that gives it the option of operate online betting and gaming in those states where Eldorado is operating or will operate in the future. The agreement initially covers 11 states--Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio, and West Virginia-- which, combined with The Stars Group's existing market access in New Jersey and Pennsylvania, gives it access to 13 states. Eldorado will receive a revenue share from the deal and The Stars Group will issue it 1 million shares priced at $23.22, or $25 million. The company will be entitled to an additional $5 million shares once Stars exercises its first option and to further stock over time if the operation is successful. The deal comes after The Stars Group and Resorts Casino Hotel recently launched online sports betting through Stars' New Jersey brands, alongside already existing online poker and a casino offering. Stars shares were up 0.9%. Eldorado shares have gained 17.2% in 2018, while the S&P 500 has fallen 0.2%.
TORONTO, Nov. 26, 2018 /PRNewswire/ - The Stars Group Inc. (TSG)(TSGI.TO) today announced that it entered into an agreement with Eldorado Resorts, Inc. (ERI) that grants it the option to operate online betting and gaming in the states where Eldorado currently or in the future owns or operates casino properties. The agreement currently covers 11 states (Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio, and West Virginia) which, when combined with The Stars Group's existing market access deals in New Jersey and Pennsylvania, gives The Stars Group access to up to 13 states. The agreement grants The Stars Group the option to own, operate and brand real-money online sports betting, poker and casino offerings in each of the applicable states subject to license availability, state law and regulatory approvals.
The Pointe-Claire, Quebec-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring costs, were 45 cents per share. The poker website operator posted revenue of $572 ...
The Stars Group (TSG) delivered earnings and revenue surprises of -8.16% and -6.33%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
TORONTO , Nov. 7, 2018 /PRNewswire/ - The Stars Group Inc. (NASDAQ: TSG)(TSX: TSGI) today reported its financial results for the third quarter ended September 30, 2018 and provided certain additional highlights ...
The Stars Group (TSG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TORONTO , Oct. 31, 2018 /PRNewswire/ - The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it will release its financial results for the third quarter ended September 30, 2018 prior to ...
TORONTO, Oct. 11, 2018 /PRNewswire/ - The Stars Group Inc. (TSG)(TSGI.TO) today announced that the UK Competition & Markets Authority ("CMA") has cleared its acquisition of Sky Betting & Gaming ("SBG") following its Phase 1 review under the Enterprise Act 2002. As previously announced, The Stars Group completed the acquisition on July 10, 2018, and can now begin executing on its integration plans. Following CMA clearance and effective immediately, The Stars Group today announced certain new management appointments to senior roles within the SBG business to execute its integration plans, including the delivery of expected cost synergies.
What happens when you let employees pick their own salaries? One company decided to find out. Yahoo Finance's Seana Smith, Dion Roubin and Melody Hahm discussed with CEO Jason Trost.