SGHC Ltd (SGHC)

• Market cap: $3.14B
• 1 day: -3.69%
• 5 days: -6.14%
• 1 month: 1.79%
• 3 months: 74.17%
• 6 months: 99.05%
• Year to date: 104.90%
• 1 year: 100.32%
• 5 years: -24.00%
• 10 years: -24.00%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

73% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 11

21% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 29

9% more capital invested

Capital invested by funds: $107M [Q2] → $117M (+$9.58M) [Q3]

9% more funds holding

Funds holding: 91 [Q2] → 99 (+8) [Q3]

0.2% less ownership

Funds ownership: 6.63% [Q2] → 6.43% (-0.2%) [Q3]

22% less call options, than puts

Call options by funds: $265K | Put options by funds: $341K

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6 4% downside
• Avg. target: $8 28% upside
• High target: $9 44% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Oppenheimer Jed Kelly 73% 1-year accuracy 29 / 40 met price target	44% upside $9	Outperform Maintained	13 Dec 2024
Needham Bernie McTernan 61% 1-year accuracy 81 / 132 met price target	44% upside $9	Buy Maintained	11 Dec 2024
Benchmark Mike Hickey 76% 1-year accuracy 57 / 75 met price target	4% downside $6	Buy Maintained	7 Nov 2024