Super Group (SGHC) Limited (NYSE:SGHC) saw an upside of 2.05% to close Friday at $3.48 after adding $0.07 on the day. The 5-day average trading volume is 554,160 shares of the company’s common stock. It has gained $3.60 in the past week and touched a new high 3 times within the past 5 days. An average of 318,655 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 748,950.
SGHC’s 1-month performance is 4.82% or $0.27 on its low of $2.84 reached on 08/16/23. The company’s shares have touched a 52-week low of $2.57 and high of $4.73, with the stock’s rally to the 52-week high happening on 03/08/23. YTD, SGHC has achieved 16.00% or $0.48 and has reached a new high 11 times. However, the current price is down -26.43% from the 52-week high price.
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Valuation Metrics
SGHC stock has a beta of 0.88. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.21.
The trailing 12-month EBITDA margin is 16.45%. The firm’s gross profit as reported stood at $1.25 billion against revenue of $1.36 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -30.0% to $203.21 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected SGHC to announce $0.01 per share in earnings in its latest quarter, but it posted $0, representing a -100.00% surprise. EBITDA for the quarter stood at more than $50.5 million. SGHC stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 355.77 million, with total debt at $15.58 million.
Let’s look briefly at Super Group (SGHC) Limited (SGHC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 71.81% to suggest the stock is trending Overbought, with historical volatility in this time period at 82.86%.
The stock’s 5-day moving average is $3.18, reflecting a +11.90% or $0.37 change from its current price. SGHC is currently trading +2.96% above its 20-day SMA, -9.61% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +4.82% and SMA200 by-15.53%.
Stochastic %K and %D was 60.73% and 44.33% and the average true range (ATR) pointed at 0.22. The RSI (14) points at 64.57%, while the 14-day stochastic is at 84.21% with the period’s ATR at 0.20. The stock’s 9-day MACD Oscillator is pointing at 0.13 and 0.18 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Super Group (SGHC) Limited (NYSE: SGHC), The Benchmark Company upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for SGHC stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SGHC as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is SGHC’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $4.13 and a high of $4.59, with their median price target at $4.59. Looking at these predictions, the average price target given by analysts is for Super Group (SGHC) Limited (SGHC) stock is $4.44.
