Super Group (SGHC) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Super Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SGHC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SGHC, but not buy additional shares or sell existing shares.
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3 equities research analysts have issued 12 month target prices for Super Group's stock. Their SGHC share price forecasts range from $5.00 to $5.00. On average, they predict the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price.
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Super Group's stock was trading at $3.00 at the beginning of the year. Since then, SGHC shares have increased by 8.3% and is now trading at $3.25.
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Super Group saw a increase in short interest in April. As of April 30th, there was short interest totaling 391,700 shares, an increase of 17.9% from the April 15th total of 332,300 shares. Based on an average daily volume of 138,100 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.1% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SGHC earnings forecast.

Super Group Limited (NYSE:SGHC) released its earnings results on Wednesday, May, 24th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.03. The firm had revenue of $363.17 million for the quarter, compared to the consensus estimate of $346.93 million. Super Group had a trailing twelve-month return on equity of 20.32% and a net margin of 27.57%.

ETFs with the largest weight of Super Group (NYSE:SGHC) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ) and Pacer BlueStar Digital Entertainment ETF (ODDS).

Super Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SGHC."

Super Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (2.48%), AJ Wealth Strategies LLC (0.69%), Bank of America Corp DE (0.06%), Exchange Traded Concepts LLC (0.05%), Balyasny Asset Management L.P. (0.04%) and HRT Financial LP (0.01%).

Shares of SGHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SGHC stock can currently be purchased for approximately $3.25.

Super Group (NYSE:SGHC) has a market capitalization of $1.62 billion and generates $1.36 billion in revenue each year.

The company employs 3,900 workers across the globe.

Super Group's mailing address is GOLDEN BEAR PLAZA 11760 US HIGHWAY 1 SUITE W506, NORTH PALM BEACH FL, 33408. The official website for the company is www.sportsentcorp.com. The company can be reached via phone at 44-14-8182-2939 or via email at ashley.desimone@icrinc.com.