Super Group (SGHC) Limited (NYSE:SGHC) Receives $12.50 Consensus Price Target from Analysts

Shares of Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report) have earned a consensus rating of "Buy" from the six analysts that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $12.50.

Several equities analysts have issued reports on the company. Craig Hallum set a $12.00 target price on Super Group (SGHC) in a research note on Monday, May 19th. Needham & Company LLC lifted their target price on Super Group (SGHC) from $11.00 to $14.00 and gave the company a "buy" rating in a research note on Wednesday. Wall Street Zen upgraded Super Group (SGHC) from a "buy" rating to a "strong-buy" rating in a research note on Saturday. BTIG Research reiterated a "buy" rating on shares of Super Group (SGHC) in a research note on Tuesday, July 8th. Finally, Benchmark reiterated a "buy" rating and issued a $12.00 target price on shares of Super Group (SGHC) in a research note on Wednesday, April 16th.

Institutional Investors Weigh In On Super Group (SGHC)

A number of large investors have recently modified their holdings of the business. Pacer Advisors Inc. lifted its holdings in shares of Super Group (SGHC) by 56.6% during the first quarter. Pacer Advisors Inc. now owns 4,600 shares of the company's stock worth $30,000 after purchasing an additional 1,662 shares during the period. Summit Investment Advisors Inc. lifted its holdings in shares of Super Group (SGHC) by 17.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 15,676 shares of the company's stock worth $98,000 after purchasing an additional 2,307 shares during the period. Signaturefd LLC lifted its holdings in shares of Super Group (SGHC) by 95.9% during the first quarter. Signaturefd LLC now owns 5,439 shares of the company's stock worth $35,000 after purchasing an additional 2,662 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Super Group (SGHC) by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,279 shares of the company's stock worth $531,000 after purchasing an additional 2,997 shares during the period. Finally, Tudor Investment Corp ET AL lifted its holdings in shares of Super Group (SGHC) by 7.8% during the fourth quarter. Tudor Investment Corp ET AL now owns 41,773 shares of the company's stock worth $260,000 after purchasing an additional 3,022 shares during the period. Hedge funds and other institutional investors own 5.09% of the company's stock.

Super Group (SGHC) Trading Down 2.3%

Shares of Super Group (SGHC) stock traded down $0.27 during trading on Thursday, hitting $11.52. 1,559,726 shares of the stock traded hands, compared to its average volume of 785,891. The stock's fifty day simple moving average is $9.53 and its 200 day simple moving average is $7.98. Super Group has a 52-week low of $2.94 and a 52-week high of $12.18. The firm has a market cap of $5.80 billion, a P/E ratio of 42.67 and a beta of 1.09.

Super Group (SGHC) (NYSE:SGHC - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Super Group (SGHC) had a return on equity of 33.88% and a net margin of 7.02%. The company had revenue of $495.96 million for the quarter, compared to analyst estimates of $423.91 million. As a group, equities analysts expect that Super Group will post 0.29 EPS for the current year.

Super Group (SGHC) Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.39%. Super Group (SGHC)'s payout ratio is 59.26%.

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.