6 Analysts Have This To Say About Super Group (SGHC)

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6 analysts have shared their evaluations of Super Group (SGHC) SGHC during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 2 0 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 1 1 0 0 0
3M Ago 2 1 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $7.67, with a high estimate of $9.00 and a low estimate of $6.00. This current average has increased by 16.21% from the previous average price target of $6.60.

price target chart

Decoding Analyst Ratings: A Detailed Look

A clear picture of Super Group (SGHC)'s perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Bernie McTernan Needham Maintains Buy $9.00 $9.00
Jed Kelly Oppenheimer Raises Outperform $9.00 $6.00
Bernie McTernan Needham Raises Buy $9.00 $7.00
Mike Hickey Benchmark Raises Buy $6.00 $5.00
Jed Kelly Oppenheimer Announces Outperform $6.00 -
Bernie McTernan Needham Raises Buy $7.00 $6.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Super Group (SGHC). This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Super Group (SGHC) compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Super Group (SGHC)'s stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Super Group (SGHC)'s market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Super Group (SGHC) analyst ratings.

Unveiling the Story Behind Super Group (SGHC)

Super Group (SGHC) Ltd is a holding company that operates global online sports betting and gaming businesses. The company has two reportable segments, namely Betway and Spin. The majority of the company's revenue comes from the Betway segment, which is a single-brand online sportsbook business with a global reach. Betway has formed strategic partnerships with teams and leagues across the world and recovers sponsorship marketing spend through brand license agreements. The Betway segment generates the majority of the company's revenue.

Financial Insights: Super Group (SGHC)

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Super Group (SGHC) displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 12.88%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 2.08%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Super Group (SGHC)'s ROE excels beyond industry benchmarks, reaching 1.54%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Super Group (SGHC)'s ROA stands out, surpassing industry averages. With an impressive ROA of 0.87%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Super Group (SGHC)'s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.13.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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