SGHC LtdSGHC
About: Super Group (SGHC) Ltd is a holding company that operates global online sports betting and gaming businesses. The company has two reportable segments, namely Betway and Spin. The majority of the company's revenue comes from the Betway segment, which is a single-brand online sportsbook business with a global reach. Betway has formed strategic partnerships with teams and leagues across the world and recovers sponsorship marketing spend through brand license agreements. The Betway segment generates the majority of the company's revenue.
Employees: 3,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
202% more call options, than puts
Call options by funds: $196K | Put options by funds: $65K
169% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 16
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
14% more funds holding
Funds holding: 80 [Q1] → 91 (+11) [Q2]
3% more capital invested
Capital invested by funds: $104M [Q1] → $106M (+$2.61M) [Q2]
0.53% more ownership
Funds ownership: 6.03% [Q1] → 6.57% (+0.53%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Benchmark Mike Hickey 72% 1-year accuracy 47 / 65 met price target | 22%upside $5 | Buy Reiterated | 13 Aug 2024 |
Needham Bernie McTernan 68% 1-year accuracy 59 / 87 met price target | 47%upside $6 | Buy Reiterated | 9 Aug 2024 |
Benchmark Mike Hickey 72% 1-year accuracy 47 / 65 met price target | 22%upside $5 | Buy Reiterated | 8 Aug 2024 |
Financial journalist opinion
Based on 3 articles about SGHC published over the past 30 days
