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Super Group (SGHC) Limited (SGHC) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest close session, Super Group (SGHC - Free Report) Limited (SGHC - Free Report) was down 1.14% at $12.97. The stock's change was less than the S&P 500's daily loss of 0.29%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.34%.
Shares of the company witnessed a gain of 6.67% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 0.43%, and the S&P 500's gain of 3.08%.
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 is predicted to post an EPS of $0.14, indicating a 55.56% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $529 million, showing a 19.48% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $2.17 billion, indicating changes of +35.29% and +18.13%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Super Group (SGHC - Free Report) Limited. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 27.78% increase. Super Group (SGHC - Free Report) Limited presently features a Zacks Rank of #3 (Hold).
Investors should also note Super Group (SGHC - Free Report) Limited's current valuation metrics, including its Forward P/E ratio of 28.52. This represents a premium compared to its industry average Forward P/E of 24.23.
The Gaming industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Super Group (SGHC) Limited (SGHC) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Super Group (SGHC - Free Report) Limited (SGHC - Free Report) was down 1.14% at $12.97. The stock's change was less than the S&P 500's daily loss of 0.29%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.34%.
Shares of the company witnessed a gain of 6.67% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 0.43%, and the S&P 500's gain of 3.08%.
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 is predicted to post an EPS of $0.14, indicating a 55.56% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $529 million, showing a 19.48% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.46 per share and a revenue of $2.17 billion, indicating changes of +35.29% and +18.13%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Super Group (SGHC - Free Report) Limited. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 27.78% increase. Super Group (SGHC - Free Report) Limited presently features a Zacks Rank of #3 (Hold).
Investors should also note Super Group (SGHC - Free Report) Limited's current valuation metrics, including its Forward P/E ratio of 28.52. This represents a premium compared to its industry average Forward P/E of 24.23.
The Gaming industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.