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Super Group (SGHC) Limited (SGHC) Outpaces Stock Market Gains: What You Should Know
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Super Group (SGHC - Free Report) Limited (SGHC - Free Report) ended the recent trading session at $3.64, demonstrating a +1.11% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.
The the stock of company has risen by 6.51% in the past month, leading the Consumer Discretionary sector's gain of 1.95% and the S&P 500's gain of 1.65%.
The investment community will be closely monitoring the performance of Super Group (SGHC - Free Report) Limited in its forthcoming earnings report. The company is expected to report EPS of $0.08, up 100% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $421.6 million, up 8.54% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.25 per share and revenue of $1.72 billion. These totals would mark changes of +525% and +10.8%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Super Group (SGHC - Free Report) Limited. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Super Group (SGHC - Free Report) Limited is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Super Group (SGHC - Free Report) Limited is holding a Forward P/E ratio of 14.4. This valuation marks a discount compared to its industry's average Forward P/E of 18.08.
The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 149, placing it within the bottom 42% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Super Group (SGHC) Limited (SGHC) Outpaces Stock Market Gains: What You Should Know
Super Group (SGHC - Free Report) Limited (SGHC - Free Report) ended the recent trading session at $3.64, demonstrating a +1.11% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.
The the stock of company has risen by 6.51% in the past month, leading the Consumer Discretionary sector's gain of 1.95% and the S&P 500's gain of 1.65%.
The investment community will be closely monitoring the performance of Super Group (SGHC - Free Report) Limited in its forthcoming earnings report. The company is expected to report EPS of $0.08, up 100% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $421.6 million, up 8.54% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.25 per share and revenue of $1.72 billion. These totals would mark changes of +525% and +10.8%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Super Group (SGHC - Free Report) Limited. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Super Group (SGHC - Free Report) Limited is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Super Group (SGHC - Free Report) Limited is holding a Forward P/E ratio of 14.4. This valuation marks a discount compared to its industry's average Forward P/E of 18.08.
The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 149, placing it within the bottom 42% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.