The Stars Group Inc. (TSG) Reaches $26.40 52-Week High; Speedway Motorsports (TRK) Shorts Decreased By 2.57%

February 15, 2018 - By Michael Collier

The stock of The Stars Group Inc. (NASDAQ:TSG) hit a new 52-week high and has $28.51 target or 8.00% above today’s $26.40 share price. The 9 months bullish chart indicates low risk for the $3.87 billion company. The 1-year high was reported on Feb, 15 by If the $28.51 price target is reached, the company will be worth $309.44 million more. The stock increased 0.76% or $0.2 during the last trading session, reaching $26.4. About 75,728 shares traded. The Stars Group Inc. (NASDAQ:TSG) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Speedway Motorsports Incorporated (NYSE:TRK) had a decrease of 2.57% in short interest. TRK’s SI was 75,800 shares in February as released by FINRA. Its down 2.57% from 77,800 shares previously. With 39,700 avg volume, 2 days are for Speedway Motorsports Incorporated (NYSE:TRK)’s short sellers to cover TRK’s short positions. The SI to Speedway Motorsports Incorporated’s float is 0.65%. The stock increased 0.92% or $0.18 during the last trading session, reaching $20.23. About 3,659 shares traded. Speedway Motorsports, Inc. (NYSE:TRK) has risen 1.18% since February 15, 2017 and is uptrending. It has underperformed by 15.52% the S&P500.

The Stars Group Inc. provides technology services and products to the global gaming and interactive entertainment industries. The company has market cap of $3.87 billion. It owns and operates gaming and related interactive entertainment businesses under the PokerStars, PokerStars Casino, BetStars, Full Tilt, StarsDraft, the PokerStars Championship, and PokerStars Festival live poker tour brands. It has a 20.64 P/E ratio. The firm was formerly known as Amaya, Inc. and changed its name to The Stars Group Inc. in August 2017.

Analysts await The Stars Group Inc. (NASDAQ:TSG) to report earnings on March, 28. They expect $0.57 earnings per share, up 7.55% or $0.04 from last year’s $0.53 per share. TSG’s profit will be $83.51M for 11.58 P/E if the $0.57 EPS becomes a reality. After $0.58 actual earnings per share reported by The Stars Group Inc. for the previous quarter, Wall Street now forecasts -1.72% negative EPS growth.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.27, from 1.33 in 2017Q2. It is negative, as 5 investors sold Speedway Motorsports, Inc. shares while 26 reduced holdings. 13 funds opened positions while 20 raised stakes. 8.26 million shares or 3.42% less from 8.55 million shares in 2017Q2 were reported. Ls has invested 0% in Speedway Motorsports, Inc. (NYSE:TRK). Blackrock, a New York-based fund reported 699,287 shares. 18,628 were reported by California State Teachers Retirement System. New York-based Jpmorgan Chase & has invested 0% in Speedway Motorsports, Inc. (NYSE:TRK). Goldman Sachs Gp Inc owns 13,725 shares. California Public Employees Retirement Systems holds 0% in Speedway Motorsports, Inc. (NYSE:TRK) or 37,396 shares. 15,691 were reported by Fort Washington Invest Advsr Oh. Ameritas Inv Incorporated invested in 1,049 shares or 0% of the stock. Prelude Cap Mgmt Llc accumulated 3,042 shares. Strs Ohio accumulated 0% or 31,500 shares. Stifel Finance Corporation has 12,500 shares for 0% of their portfolio. Cornercap Invest Counsel invested 0.11% in Speedway Motorsports, Inc. (NYSE:TRK). 1,711 were reported by Natl Bank Of America De. Nationwide Fund reported 0% in Speedway Motorsports, Inc. (NYSE:TRK). Arrowstreet Cap Partnership accumulated 58,491 shares.

Speedway Motorsports, Inc., through its subsidiaries, promotes, markets, and sponsors motorsports activities in the United States. The company has market cap of $828.57 million. The firm owns and operates eight racing facilities, including Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway, and Texas Motor Speedway racing facilities. It has a 23.82 P/E ratio. As of December 31, 2016, its racing facilities included total seating capacity of approximately 784,000 with 760 luxury suites.

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