The Stars Group Inc (TSGI.TO) Buy, Sell or Hold

The Stars Group Inc (TSGI.TO)

37.49

+0.36 (0.97%)

as of May 6, 2020, 8:00:00 pm Market Open.

70 watching

PAST TOP PICK

(A Top Pick May 29/19, Up 66%) He sold out previously. He liked the 5 year forecast. As we came into late last year some of the volatility in the stock was not what he was interested in so he exited. He believes they will be stronger going forward.

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PAST TOP PICK

(A Top Pick Feb 25/19, Up 52%) It was a rollercoaster. He exited in November on news of the acquisition. It's a speculative stock. He still likes the outlook for this industry though.

BUY

The outlook for online gaming is very positive. They are doing the merger with Flutter out of the UK and will add scale to the company. In five years you will see in-game betting like you have in the UK. The NFL would be a monster business.

WATCH

GC-T vs. TSGI-T. They trade at significantly different multiples: 20 times vs. 10 times. TSGI-T has a bigger international perspective, but has more competition. He would prefer TSGI-T if they get their merger done.

HOLD

He has liked it from back in the old days. They made a big acquisition about two year ago that gave them a big footprint in the gaming space. They are merging with Flutter Entertainment in the UK. They will be a powerhouse in the gaming space in Europe. There is deal risk. You may want to sit n the sidelines if you don’t own it or hold on until the final deal price narrows a bit.

PARTIAL SELL

A speculative play. It's a bet on their growth prospects. The stock didn't do well until the takeover move. There hasn't been much movement after that takeover announcement. Take profits.

PAST TOP PICK

(A Top Pick Nov 15/18, Up 21%) He's starting to exit it after the merger deal was announced. It's a speculative stock. Some may not buy this because it is in the gambling space and that will hurt the stock. A good time to take some profits.

DON'T BUY

It is trading at a pretty sizeable discount to the price with which Flutter is trying to take them out at. It makes sense to try to put these two together. You are dealing with uncertainty about M&A and regulatory issues.

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WATCH

A gambling stock including poker. The upside potential is 92%, says his model. Shareholders seem to have become frustrated they have not signed more deals with the various US states. If they can get things signed, it has great potential as it trades at a discount to book value.

PAST TOP PICK

(A Top Pick May 29/19, Down 8%) He recently added to this. It's a five-year play on the gambling sector that's supposed to grow 20% a year. TSGI has positioned itself well, but investor appetizer is not there right now, hence the pullback in May.

COMMENT

Bought a 2% position in his aggressive portfolio. Looking for a trade. Still has the opportunity to do that. Not a great long-term hold at this point.

PAST TOP PICK

(A Top Pick Sep 13/18, Down 32%) They went out and bought another company and took on a lot of debt which concerns the market. He expects them to aggressively pay down their debt. They signed deals with companies like FOX and the market doesn’t care.

RISKY

Fox Bet partnering? Hi model price is $28.75. He would trade it here, now that it found support at $20.42. An ever changing regulatory environment, so not a long term hold.

WAIT

It's close to 52-week lows, but they executed deals last year to be one of the biggest online gambling companies in the world. A fear with TSGI is them loading up on debt to make all these acqusitions. It will take time to pay that off. They've partnered with Fox, which bodes well. It's risky and demands patience.

WAIT

Looking at the past 5 years, earnings and FMV haven't gone anywhere. They have lots of things on the go. Good upside potential, good balance sheet, reasonably cheap, but give me some excitement. If online gambling gets passed in the states, maybe something will get going. Needs a catalyst.

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The Stars Group Inc (TSGI.TO) Frequently Asked Questions

What is The Stars Group Inc stock symbol?

The Stars Group Inc is a Canadian stock, trading under the symbol TSGI.TO (previously TSGI-T on Stockchase) on the Toronto Stock Exchange (TSGI-CT). It is usually referred to as TSX:TSGI or TSGI.TO

Is The Stars Group Inc a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on TSGI.TO (previously TSGI-T on Stockchase) on Stockchase. Read the latest expert commentary for The Stars Group Inc.

Is The Stars Group Inc a good investment or a top pick?

The Stars Group Inc was recommended as a Top Pick by Ross Healy on 2019-07-11. Read the latest stock experts ratings for The Stars Group Inc.

Why is The Stars Group Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for The Stars Group Inc.

Is The Stars Group Inc worth watching?

The Stars Group Inc is followed by 70 investors on Stockchase and is a trending stock that is worth watching.

What is The Stars Group Inc stock price?

On 2020-05-06, The Stars Group Inc (TSGI.TO) stock closed at a price of $37.49.

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