MGO Global (NASDAQ:MGOL – Get Free Report) is one of 29 publicly-traded companies in the “Apparel, finished products from fabrics & similar materials” industry, but how does it compare to its rivals? We will compare MGO Global to similar companies based on the strength of its earnings, institutional ownership, risk, dividends, profitability, analyst recommendations and valuation.
Profitability
This table compares MGO Global and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
MGO Global | -133.23% | -226.43% | -170.71% |
MGO Global Competitors | -334.81% | -9.70% | -9.66% |
Insider & Institutional Ownership
1.1% of MGO Global shares are owned by institutional investors. Comparatively, 44.4% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by institutional investors. 58.9% of MGO Global shares are owned by insiders. Comparatively, 21.1% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Valuation and Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
MGO Global | $5.36 million | -$7.14 million | -0.44 |
MGO Global Competitors | $2.12 billion | $140.73 million | 17.10 |
MGO Global’s rivals have higher revenue and earnings than MGO Global. MGO Global is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Volatility and Risk
MGO Global has a beta of 5.44, suggesting that its stock price is 444% more volatile than the S&P 500. Comparatively, MGO Global’s rivals have a beta of 1.23, suggesting that their average stock price is 23% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent ratings and price targets for MGO Global and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
MGO Global | 0 | 0 | 0 | 0 | N/A |
MGO Global Competitors | 337 | 1555 | 2231 | 69 | 2.48 |
As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 23.96%. Given MGO Global’s rivals higher possible upside, analysts clearly believe MGO Global has less favorable growth aspects than its rivals.
Summary
MGO Global rivals beat MGO Global on 7 of the 10 factors compared.
MGO Global Company Profile
MGO Global, Inc. operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand. MGO Global, Inc. was founded in 2018 and is headquartered in Fort Lauderdale, Florida.
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