Super Group (SGHC) Limited (NYSE:SGHC) Receives Consensus Rating of “Buy” from Analysts

Shares of Super Group (SGHC) Limited (NYSE:SGHC) have been given an average rating of “Buy” by the eleven ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $16.30.

SGHC has been the topic of a number of research analyst reports. UBS Group set a $18.00 target price on Super Group (SGHC) in a report on Thursday, September 18th. Needham & Company LLC increased their price target on shares of Super Group (SGHC) from $15.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Benchmark dropped their price objective on shares of Super Group (SGHC) from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Canaccord Genuity Group upped their price objective on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Friday, September 19th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Thursday, October 30th.

Super Group (SGHC) Stock Up 0.5%

Super Group (SGHC) stock opened at $11.20 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.75 and a quick ratio of 1.75. Super Group has a fifty-two week low of $5.45 and a fifty-two week high of $14.38. The firm has a fifty day moving average price of $12.17 and a two-hundred day moving average price of $11.39. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of 26.04 and a beta of 1.09.

Super Group (SGHC) (NYSE:SGHC) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.05. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%.The company had revenue of $557.00 million for the quarter, compared to the consensus estimate of $436.19 million. As a group, analysts forecast that Super Group will post 0.29 earnings per share for the current year.

Super Group (SGHC) Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Monday, December 15th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, December 15th. Super Group (SGHC)’s dividend payout ratio is presently 37.21%.

Institutional Investors Weigh In On Super Group (SGHC)

Several institutional investors and hedge funds have recently bought and sold shares of the business. Cantor Fitzgerald L. P. acquired a new position in shares of Super Group (SGHC) in the 3rd quarter valued at $669,000. Penn Capital Management Company LLC bought a new stake in Super Group (SGHC) in the third quarter valued at about $651,000. CIBC Bancorp USA Inc. acquired a new position in Super Group (SGHC) in the third quarter worth about $224,000. Jacobs Levy Equity Management Inc. raised its position in Super Group (SGHC) by 144.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 767,099 shares of the company’s stock worth $10,126,000 after purchasing an additional 453,563 shares in the last quarter. Finally, PDT Partners LLC lifted its stake in Super Group (SGHC) by 39.0% during the third quarter. PDT Partners LLC now owns 244,863 shares of the company’s stock worth $3,232,000 after purchasing an additional 68,760 shares during the period. Institutional investors own 5.09% of the company’s stock.

Super Group (SGHC) Company Profile

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.