Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report) hit a new 52-week high during trading on Wednesday . The company 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.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Super Group (SGHC) from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 27th. Canaccord Genuity Group lifted their price target on shares of Super Group (SGHC) from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Wednesday. BTIG Research lifted their price target on shares of Super Group (SGHC) from $9.00 to $11.00 and gave the company a "buy" rating in a research note on Wednesday, June 11th. Craig Hallum set a $12.00 price target on shares of Super Group (SGHC) in a research note on Monday, May 19th. Finally, Benchmark reissued a "buy" rating and issued a $12.00 price target on shares of Super Group (SGHC) in a research note on Wednesday, April 16th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $12.50.
View Our Latest Report on Super Group (SGHC)
Super Group (SGHC) Stock Performance
The firm's 50 day simple moving average is $9.47 and its 200-day simple moving average is $7.93. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 43.66 and a beta of 1.09.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. Super Group (SGHC) had a net margin of 7.02% and a return on equity of 33.88%. The company had revenue of $495.96 million for the quarter, compared to analysts' expectations of $423.91 million. As a group, sell-side analysts expect that Super Group will post 0.29 EPS for the current fiscal year.
Super Group (SGHC) Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 23rd were issued a $0.04 dividend. The ex-dividend date was Monday, June 23rd. This represents a $0.16 annualized dividend and a dividend yield of 1.36%. Super Group (SGHC)'s dividend payout ratio is presently 59.26%.
Institutional Investors Weigh In On Super Group (SGHC)
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP boosted its position in shares of Super Group (SGHC) by 364.3% during the 1st quarter. Quarry LP now owns 3,988 shares of the company's stock valued at $26,000 after acquiring an additional 3,129 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Super Group (SGHC) by 4,606.6% during the 1st quarter. GAMMA Investing LLC now owns 4,283 shares of the company's stock valued at $28,000 after acquiring an additional 4,192 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Super Group (SGHC) during the 4th quarter valued at about $30,000. Pacer Advisors Inc. boosted its position in shares of Super Group (SGHC) by 56.6% during the 1st quarter. Pacer Advisors Inc. now owns 4,600 shares of the company's stock valued at $30,000 after acquiring an additional 1,662 shares during the last quarter. Finally, Signaturefd LLC boosted its position in shares of Super Group (SGHC) by 95.9% during the 1st quarter. Signaturefd LLC now owns 5,439 shares of the company's stock valued at $35,000 after acquiring an additional 2,662 shares during the last quarter. Institutional investors and hedge funds own 5.09% of the company's stock.
About Super Group (SGHC)
(
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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