Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $10.44 and last traded at $10.15, with a volume of 1994254 shares traded. The stock had previously closed at $9.87.
Analysts Set New Price Targets
A number of equities research analysts recently commented on SGHC shares. Benchmark restated a "buy" rating and set a $12.00 price target on shares of Super Group (SGHC) in a research report on Wednesday, April 16th. Craig Hallum set a $12.00 target price on Super Group (SGHC) in a report on Monday, May 19th. Canaccord Genuity Group raised their target price on Super Group (SGHC) from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Needham & Company LLC lifted their price target on Super Group (SGHC) from $10.00 to $11.00 and gave the company a "buy" rating in a report on Thursday, May 15th. Finally, BTIG Research upped their price target on shares of Super Group (SGHC) from $9.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, June 11th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Super Group (SGHC) has an average rating of "Buy" and an average price target of $11.83.
Get Our Latest Stock Analysis on Super Group (SGHC)
Super Group (SGHC) Trading Up 2.8%
The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 37.59 and a beta of 1.01. The company has a 50 day moving average price of $8.74 and a 200 day moving average price of $7.58.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last posted its quarterly 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. The business had revenue of $495.96 million for the quarter, compared to analysts' expectations of $423.91 million. Super Group (SGHC) had a return on equity of 33.88% and a net margin of 7.02%. Equities analysts predict that Super Group will post 0.29 earnings per share for the current year.
Super Group (SGHC) Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 23rd will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Monday, June 23rd. Super Group (SGHC)'s dividend payout ratio (DPR) is 59.26%.
Hedge Funds Weigh In On Super Group (SGHC)
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Pacer Advisors Inc. raised 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. Summit Investment Advisors Inc. increased its holdings in Super Group (SGHC) by 17.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,676 shares of the company's stock valued at $98,000 after purchasing an additional 2,307 shares during the last quarter. Signaturefd LLC increased its holdings in Super Group (SGHC) by 95.9% in the first quarter. Signaturefd LLC now owns 5,439 shares of the company's stock valued at $35,000 after purchasing an additional 2,662 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Super Group (SGHC) by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,279 shares of the company's stock valued at $531,000 after buying an additional 2,997 shares during the period. Finally, Tudor Investment Corp ET AL boosted its holdings in 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 buying an additional 3,022 shares during the last quarter. 5.09% of the stock is owned by institutional investors.
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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