Super Group (SGHC) Limited (SGHC) ended the recent trading session at $13.76, demonstrating a -2.34% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.37%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq appreciated by 0.71%.
The company's shares have seen an increase of 11.38% over the last month, surpassing the Consumer Discretionary sector's loss of 1.64% and the S&P 500's gain of 4.26%.
The investment community will be closely monitoring the performance of Super Group (SGHC) Limited in its forthcoming earnings report. The company is expected to report EPS of $0.14, up 55.56% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $529 million, up 19.48% from the prior-year 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.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Super Group (SGHC) Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 27.78% higher. Super Group (SGHC) Limited is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Super Group (SGHC) Limited's current valuation metrics, including its Forward P/E ratio of 30.63. This expresses a premium compared to the average Forward P/E of 25.17 of its industry.
The Gaming industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 74, putting it in the top 30% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Super Group (SGHC) Limited (SGHC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
