MGO Global (NASDAQ:MGOL – Get Free Report) is one of 27 public companies in the “Apparel, finished products from fabrics & similar materials” industry, but how does it compare to its peers? We will compare MGO Global to similar companies based on the strength of its analyst recommendations, profitability, dividends, risk, valuation, institutional ownership and earnings.
Volatility & Risk
MGO Global has a beta of 5.44, meaning that its stock price is 444% more volatile than the S&P 500. Comparatively, MGO Global’s peers have a beta of 1.14, meaning that their average stock price is 14% more volatile than the S&P 500.
Insider & Institutional Ownership
1.1% of MGO Global shares are held by institutional investors. Comparatively, 44.4% of shares of all “Apparel, finished products from fabrics & similar materials” companies are held by institutional investors. 58.9% of MGO Global shares are held by company insiders. Comparatively, 21.2% of shares of all “Apparel, finished products from fabrics & similar materials” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Earnings and Valuation
Gross Revenue | Net Income | Price/Earnings Ratio | |
MGO Global | $5.36 million | -$7.14 million | -0.44 |
MGO Global Competitors | $2.10 billion | $164.07 million | 17.13 |
MGO Global’s peers have higher revenue and earnings than MGO Global. MGO Global is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares MGO Global and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
MGO Global | -133.23% | -226.43% | -170.71% |
MGO Global Competitors | -334.81% | -9.70% | -9.67% |
Analyst Ratings
This is a breakdown of current recommendations for MGO Global and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
MGO Global | 0 | 0 | 0 | 0 | N/A |
MGO Global Competitors | 339 | 1557 | 2218 | 69 | 2.48 |
As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 22.35%. Given MGO Global’s peers higher probable upside, analysts clearly believe MGO Global has less favorable growth aspects than its peers.
Summary
MGO Global peers beat MGO Global on 7 of the 10 factors compared.
About MGO Global
MGO Global, Inc. operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand. MGO Global, Inc. was founded in 2018 and is headquartered in Fort Lauderdale, Florida.
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