At the time of writing, Super Group (SGHC) Limited [SGHC] stock is trading at $3.51, up 12.50%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SGHC shares have gain 9.01% over the last week, with a monthly amount glided 14.71%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, Super Group Reports Financial Results for Fourth Quarter 2023 and Full Year 2023. In a post published today on Yahoo Finance, Record revenue of €1.4 billion for the full year exceeded guidance; includes highest ever total revenue for a fourth quarter of €359.9 million.
From an analyst’s perspective:
Super Group (SGHC) Limited [NYSE: SGHC] stock has seen the most recent analyst activity on August 18, 2023, when The Benchmark Company upgraded its rating to a Buy but kept the price target unchanged to $4.50 for it. Previously, Canaccord Genuity downgraded its rating to Hold on March 14, 2023, and dropped its price target to $5. On May 25, 2022, downgrade downgraded it’s rating to Hold. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $14 on April 22, 2022. Needham initiated its recommendation with a Buy and recommended $11 as its price target on March 14, 2022. Oppenheimer started tracking with a Outperform rating for this stock on March 07, 2022, and assigned it a price target of $11.
For the past year, the stock price of Super Group (SGHC) Limited fluctuated between $2.63 and $4.18. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Super Group (SGHC) Limited [NYSE: SGHC] shares were valued at $3.51 at the most recent close of the market. An investor can expect a potential return of 127.92% based on the average SGHC price forecast.
Analyzing the SGHC fundamentals
Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.39 points at the first support level, and at 3.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.59, and for the 2nd resistance point, it is at 3.67.
Super Group (SGHC) Limited [SGHC] reported earnings per share of $0.02 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.02/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.07 per share as compared to estimates of $0.02 per share, a difference of $0.05 representing a surprise of 250.00%.
Ratios To Look Out For
It is important to note that Super Group (SGHC) Limited [NYSE:SGHC] has a current ratio of 1.31.
