Revisions to Earnings Estimates Over the past month, shares of this company have returned +10.3%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Gaming industry, which Super Group (SGHC) falls in, has gained 3%. The key question now is: What could be the stock's future direction? Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by ...

Super Group (SGHC) Limited (SGHC) closed at $3.17 in the latest trading session, marking a +0.63% move from the prior day. This change lagged the S&P 500's 1.02% gain on the day. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%. The upcoming earnings release of Super Group (SGHC) Limited will be of great interest to investors. On that day, Super Group (SGHC) Limited is projected to report earnings of $0.11 per share, which would represent year-over-year growth of 57.14%. At t ...

Prior to today's trading, shares of the company had lost 13.82% over the past month. This has lagged the Consumer Discretionary sector's gain of 2.29% and the S&P 500's gain of 3.53% in that time. 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 company's business outlook. Valuation is also ...

The company's stock has dropped by 13.98% in the past month, falling short of the Consumer Discretionary sector's gain of 0.56% and the S&P 500's gain of 3.15%. It is also important to note the recent changes to analyst estimates for Super Group (SGHC) Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Digging into valuation, Su ...

Conclusion Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. For the current fiscal year, the consensus earnings estimate of $0.35 points to a change of +775% from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fiscal year, the consensus earnings estimate of ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Super Group (SGHC) Limited (SGHC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Super Group (SGHC) Limited is a member of our Consumer Disc ...

Over the past month, shares of this company have returned +6%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Gaming industry, which Super Group (SGHC) falls in, has lost 4.6%. The key question now is: What could be the stock's future direction? Earnings Estimate Revisions Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a com ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Super Group (SGHC) Limited (SGHC) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Super Group (SGHC) Limited is one of 285 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength o ...

Super Group (SGHC) Limited (SGHC) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation b ...

Super Group (NYSE:SGHC) Limited Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Conference Call Participants Good morning, everyone, and thank you for joining us today to discuss Super Group's results for the First Quarter of 2024. My name is Jake Pisano, Vice President of ICR. On this call, I am joined by Neal Menashe, Chief Executive Officer. And during the Q&A session, we will be joined by Alinda Van Wyk, Chief Financial Officer; and Richard Hasson, President and Chief Commercial Officer. Jake Pi ...