Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $11.44 and last traded at $11.39, with a volume of 2032463 shares traded. The stock had previously closed at $11.41.
Analysts Set New Price Targets
SGHC has been the subject of several analyst reports. BTIG Research raised their target price on Super Group (SGHC) from $9.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, June 11th. Needham & Company LLC raised their price target on Super Group (SGHC) from $11.00 to $14.00 and gave the company a "buy" rating in a report on Wednesday. Craig Hallum set a $12.00 price target on Super Group (SGHC) in a report on Monday, May 19th. Canaccord Genuity Group lifted their target price on Super Group (SGHC) from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Benchmark reissued a "buy" rating and issued a $12.00 target price on shares of Super Group (SGHC) in a research note on Wednesday, April 16th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $12.50.
Read Our Latest Report on Super Group (SGHC)
Super Group (SGHC) Stock Down 1.3%
The firm has a market cap of $5.96 billion, a P/E ratio of 43.91 and a beta of 1.09. The firm has a fifty day moving average of $9.40 and a 200-day moving average of $7.89.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $495.96 million for the quarter, compared to analyst estimates of $423.91 million. Super Group (SGHC) had a return on equity of 33.88% and a net margin of 7.02%. On average, equities analysts forecast that Super Group will post 0.29 EPS for the current year.
Super Group (SGHC) Dividend Announcement
The company also recently announced 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 was Monday, June 23rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.35%. Super Group (SGHC)'s dividend payout ratio (DPR) is currently 59.26%.
Hedge Funds Weigh In On Super Group (SGHC)
A number of large investors have recently made changes to their positions in SGHC. American Century Companies Inc. boosted its holdings in shares of Super Group (SGHC) by 11.2% in the 1st quarter. American Century Companies Inc. now owns 4,841,016 shares of the company's stock valued at $31,176,000 after purchasing an additional 487,895 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Super Group (SGHC) by 127.2% in the 1st quarter. Millennium Management LLC now owns 2,737,329 shares of the company's stock valued at $17,628,000 after acquiring an additional 1,532,666 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Super Group (SGHC) by 500.9% in the 4th quarter. Invesco Ltd. now owns 1,493,783 shares of the company's stock valued at $9,306,000 after acquiring an additional 1,245,185 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Super Group (SGHC) by 360.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,301,153 shares of the company's stock valued at $8,106,000 after acquiring an additional 1,018,664 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in shares of Super Group (SGHC) by 66.7% in the 1st quarter. Acadian Asset Management LLC now owns 1,148,713 shares of the company's stock valued at $7,379,000 after acquiring an additional 459,485 shares during the last quarter. Institutional investors own 5.09% of the company's stock.
Super Group (SGHC) Company Profile
(
Get Free Report)
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.
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