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 Falls Amid Market Uptick: What Investors Need to Know
Read MoreHide Full Article
In the latest trading session, Super Group (SGHC - Free Report) Limited (SGHC - Free Report) closed at $10.63, marking a -2.57% move from the previous day. This move lagged the S&P 500's daily gain of 0.11%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.18%.
Prior to today's trading, shares of the company had lost 5.7% was narrower than the Consumer Discretionary sector's loss of 6.69% and lagged the S&P 500's loss of 4.28%.
The investment community will be closely monitoring the performance of Super Group (SGHC - Free Report) Limited in its forthcoming earnings report. The company's upcoming EPS is projected at $0.17, signifying a 41.67% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $603 million, indicating a 16.63% increase compared to the same quarter of the previous year.
SGHC's full-year Zacks Consensus Estimates are calling for earnings of $0.8 per share and revenue of $2.56 billion. These results would represent year-over-year changes of 0% and +39.45%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Super Group (SGHC - Free Report) Limited. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Super Group (SGHC - Free Report) Limited is currently sporting a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Super Group (SGHC - Free Report) Limited is currently exchanging hands at a Forward P/E ratio of 13.64. This represents a discount compared to its industry average Forward P/E of 16.22.
The Gaming industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 183, finds itself in the bottom 25% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Super Group (SGHC) Limited (SGHC) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, Super Group (SGHC - Free Report) Limited (SGHC - Free Report) closed at $10.63, marking a -2.57% move from the previous day. This move lagged the S&P 500's daily gain of 0.11%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.18%.
Prior to today's trading, shares of the company had lost 5.7% was narrower than the Consumer Discretionary sector's loss of 6.69% and lagged the S&P 500's loss of 4.28%.
The investment community will be closely monitoring the performance of Super Group (SGHC - Free Report) Limited in its forthcoming earnings report. The company's upcoming EPS is projected at $0.17, signifying a 41.67% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $603 million, indicating a 16.63% increase compared to the same quarter of the previous year.
SGHC's full-year Zacks Consensus Estimates are calling for earnings of $0.8 per share and revenue of $2.56 billion. These results would represent year-over-year changes of 0% and +39.45%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Super Group (SGHC - Free Report) Limited. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Super Group (SGHC - Free Report) Limited is currently sporting a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Super Group (SGHC - Free Report) Limited is currently exchanging hands at a Forward P/E ratio of 13.64. This represents a discount compared to its industry average Forward P/E of 16.22.
The Gaming industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 183, finds itself in the bottom 25% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.