Super Group (SGHC) Limited (NYSE:SGHC - Get Free Report) was up 4.4% during mid-day trading on Wednesday . The company traded as high as $10.22 and last traded at $10.31. Approximately 384,593 shares traded hands during trading, a decline of 47% from the average daily volume of 719,558 shares. The stock had previously closed at $9.87.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on SGHC shares. Needham & Company LLC increased their price target on Super Group (SGHC) from $10.00 to $11.00 and gave the company a "buy" rating in a research note on Thursday, May 15th. BTIG Research boosted their target price on shares of Super Group (SGHC) from $9.00 to $11.00 and gave the stock a "buy" rating in a report on Wednesday, June 11th. Canaccord Genuity Group increased their target price on shares of Super Group (SGHC) from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Wall Street Zen lowered shares of Super Group (SGHC) from a "strong-buy" rating to a "buy" rating in a research report on Friday. Finally, Benchmark reaffirmed a "buy" rating and issued a $12.00 price target on shares of Super Group (SGHC) in a report on Wednesday, April 16th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $11.83.
View Our Latest Analysis on SGHC
Super Group (SGHC) Price Performance
The stock's fifty day moving average price is $8.87 and its 200-day moving average price is $7.64. The firm has a market cap of $5.58 billion, a price-to-earnings ratio of 41.09 and a beta of 1.01.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The company had revenue of $495.96 million during 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%. As a group, equities research analysts predict that Super Group will post 0.29 EPS for the current fiscal year.
Super Group (SGHC) Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 23rd will be paid a $0.04 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $0.16 annualized dividend and a yield of 1.44%. Super Group (SGHC)'s dividend payout ratio is presently 59.26%.
Institutional Investors Weigh In On Super Group (SGHC)
A number of institutional investors have recently modified their holdings of the stock. Quarry LP raised its holdings in shares of Super Group (SGHC) by 364.3% during the first quarter. Quarry LP now owns 3,988 shares of the company's stock worth $26,000 after acquiring an additional 3,129 shares in the last quarter. GAMMA Investing LLC increased its position in Super Group (SGHC) by 4,606.6% in the 1st quarter. GAMMA Investing LLC now owns 4,283 shares of the company's stock worth $28,000 after purchasing an additional 4,192 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Super Group (SGHC) during the 4th quarter worth about $30,000. Pacer Advisors Inc. lifted its holdings 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 buying an additional 1,662 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Super Group (SGHC) by 95.9% in the 1st quarter. Signaturefd LLC now owns 5,439 shares of the company's stock valued at $35,000 after buying an additional 2,662 shares in 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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