Latest news with #SuperGroup(SGHC)Limited
Yahoo
07-07-2025
- Business
- Yahoo
Is Super Group (SGHC) (SGHC) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Super Group (SGHC) Limited (SGHC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Super Group (SGHC) currently has an average brokerage recommendation (ABR) of 1.17, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 1.17 approximates between Strong Buy and Buy. Of the six recommendations that derive the current ABR, five are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 83.3% and 16.7% of all recommendations. Check price target & stock forecast for Super Group (SGHC) here>>> While the ABR calls for buying Super Group (SGHC), it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for Super Group (SGHC), the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $0.51. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Super Group (SGHC). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Super Group (SGHC). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Super Group (SGHC) Limited (SGHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
14-06-2025
- Business
- Yahoo
Super Group (SGHC) Limited (SGHC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Super Group (SGHC) Limited (SGHC) ended the recent trading session at $9.50, demonstrating a -1.25% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.13% for the day. Meanwhile, the Dow experienced a drop of 1.79%, and the technology-dominated Nasdaq saw a decrease of 1.3%. Shares of the company have appreciated by 11.21% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 3.54%, and the S&P 500's gain of 3.55%. Investors will be eagerly watching for the performance of Super Group (SGHC) Limited in its upcoming earnings disclosure. In that report, analysts expect Super Group (SGHC) Limited to post earnings of $0.12 per share. This would mark year-over-year growth of 50%. In the meantime, our current consensus estimate forecasts the revenue to be $513.6 million, indicating a 15.04% growth compared to the corresponding quarter of the prior year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.51 per share and a revenue of $2.11 billion, representing changes of +50% and +15.1%, respectively, from the prior year. Investors should also note any recent changes to analyst estimates for Super Group (SGHC) Limited. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Super Group (SGHC) Limited currently has a Zacks Rank of #3 (Hold). Looking at valuation, Super Group (SGHC) Limited is presently trading at a Forward P/E ratio of 18.86. This denotes no noticeable deviation relative to the industry average Forward P/E of 18.86. The Gaming industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 137, putting it in the bottom 45% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Super Group (SGHC) Limited (SGHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-06-2025
- Business
- Yahoo
BTIG Stays Bullish on Super Group (SGHC) Limited (SGHC) Amid Sportsbook Optimism
Super Group (SGHC) Limited (NYSE:SGHC) is among the 10 Best Growth Stocks Under $100 to Buy Now. Analysts at BTIG Research have reaffirmed the 'Buy' rating on Super Group (SGHC) Limited (NYSE:SGHC), while raising the price target to $11 from $9, signaling a surge of about 18% from the current stock price. This price appreciation followed the company's financial model updates to include a change in the company's presentation currency and the optimism surrounding Sportsbook operations in the years ahead. While the company's revenue guidance didn't impress investors, the strategy management is taking is what's exciting. The company is wise enough to leverage its most profitable regions, particularly Africa and Canada, which are the key revenue drivers. Some analysts believe that if Super Group (SGHC) Limited (NYSE:SGHC) is able to manage a revenue growth of 30% to 40%, the profits derived from Africa will almost double. A reputable investor betting on a sports event, confidently placing a wager online. That's not it. The giant isn't hitting a pause on product innovation either. From new betting products to gaming offerings, Super Group (SGHC) Limited (NYSE:SGHC) is not only retaining existing customers but also attracting new ones. What's truly impressive is that the management knows that the art is in efficiently utilizing the costs, and not in driving down costs. Through this, the execution of strategic partnerships and the building of brand strength become quite easy. Super Group (SGHC) Limited (NYSE:SGHC) is a Guernsey-based online sports betting and gaming operator. With a presence in Africa, the Middle East, the Asia-Pacific, Europe, North America, and South/Latin America, the company operates through two segments: Betway and Spin. While we acknowledge the potential of SGHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
13-06-2025
- Business
- Yahoo
BTIG Stays Bullish on Super Group (SGHC) Limited (SGHC) Amid Sportsbook Optimism
Super Group (SGHC) Limited (NYSE:SGHC) is among the 10 Best Growth Stocks Under $100 to Buy Now. Analysts at BTIG Research have reaffirmed the 'Buy' rating on Super Group (SGHC) Limited (NYSE:SGHC), while raising the price target to $11 from $9, signaling a surge of about 18% from the current stock price. This price appreciation followed the company's financial model updates to include a change in the company's presentation currency and the optimism surrounding Sportsbook operations in the years ahead. While the company's revenue guidance didn't impress investors, the strategy management is taking is what's exciting. The company is wise enough to leverage its most profitable regions, particularly Africa and Canada, which are the key revenue drivers. Some analysts believe that if Super Group (SGHC) Limited (NYSE:SGHC) is able to manage a revenue growth of 30% to 40%, the profits derived from Africa will almost double. A reputable investor betting on a sports event, confidently placing a wager online. That's not it. The giant isn't hitting a pause on product innovation either. From new betting products to gaming offerings, Super Group (SGHC) Limited (NYSE:SGHC) is not only retaining existing customers but also attracting new ones. What's truly impressive is that the management knows that the art is in efficiently utilizing the costs, and not in driving down costs. Through this, the execution of strategic partnerships and the building of brand strength become quite easy. Super Group (SGHC) Limited (NYSE:SGHC) is a Guernsey-based online sports betting and gaming operator. With a presence in Africa, the Middle East, the Asia-Pacific, Europe, North America, and South/Latin America, the company operates through two segments: Betway and Spin. While we acknowledge the potential of SGHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
13-06-2025
- Business
- Yahoo
Brokers Suggest Investing in Super Group (SGHC) (SGHC): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Super Group (SGHC) Limited (SGHC). Super Group (SGHC) currently has an average brokerage recommendation (ABR) of 1.17, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 1.17 approximates between Strong Buy and Buy. Of the six recommendations that derive the current ABR, five are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 83.3% and 16.7% of all recommendations. Check price target & stock forecast for Super Group (SGHC) here>>> The ABR suggests buying Super Group (SGHC), but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. In terms of earnings estimate revisions for Super Group (SGHC), the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $0.51. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Super Group (SGHC). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Super Group (SGHC). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Super Group (SGHC) Limited (SGHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
