We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Super Group (SGHC) Limited (SGHC) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
In the latest trading session, Super Group (SGHC - Free Report) Limited (SGHC - Free Report) closed at $13.20, marking a -2.87% move from the previous day. This change lagged the S&P 500's daily gain of 0.41%. Elsewhere, the Dow gained 0.18%, while the tech-heavy Nasdaq added 0.31%.
Heading into today, shares of the company had gained 16.85% over the past month, outpacing the Consumer Discretionary sector's gain of 0.17% and the S&P 500's gain of 3.15%.
The investment community will be paying close attention to the earnings performance of Super Group (SGHC - Free Report) Limited in its upcoming release. The company's upcoming EPS is projected at $0.14, signifying a 55.56% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $529 million, indicating a 19.48% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.46 per share and revenue of $2.17 billion, which would represent changes of +35.29% and +18.13%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Super Group (SGHC - Free Report) Limited. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 27.78% upward. Super Group (SGHC - Free Report) Limited currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Super Group (SGHC - Free Report) Limited is currently being traded at a Forward P/E ratio of 29.54. This denotes a premium relative to the industry average Forward P/E of 26.04.
The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 78, placing it within the top 32% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Super Group (SGHC) Limited (SGHC) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Super Group (SGHC - Free Report) Limited (SGHC - Free Report) closed at $13.20, marking a -2.87% move from the previous day. This change lagged the S&P 500's daily gain of 0.41%. Elsewhere, the Dow gained 0.18%, while the tech-heavy Nasdaq added 0.31%.
Heading into today, shares of the company had gained 16.85% over the past month, outpacing the Consumer Discretionary sector's gain of 0.17% and the S&P 500's gain of 3.15%.
The investment community will be paying close attention to the earnings performance of Super Group (SGHC - Free Report) Limited in its upcoming release. The company's upcoming EPS is projected at $0.14, signifying a 55.56% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $529 million, indicating a 19.48% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.46 per share and revenue of $2.17 billion, which would represent changes of +35.29% and +18.13%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Super Group (SGHC - Free Report) Limited. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 27.78% upward. Super Group (SGHC - Free Report) Limited currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Super Group (SGHC - Free Report) Limited is currently being traded at a Forward P/E ratio of 29.54. This denotes a premium relative to the industry average Forward P/E of 26.04.
The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 78, placing it within the top 32% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.