MGO Global (NASDAQ:MGOL – Get Free Report) is one of 29 publicly-traded companies in the “Apparel, finished products from fabrics & similar materials” industry, but how does it contrast to its competitors? We will compare MGO Global to similar businesses based on the strength of its valuation, earnings, analyst recommendations, institutional ownership, dividends, risk and profitability.
Analyst Recommendations
This is a summary of recent ratings and price targets for MGO Global and its competitors, 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 | 340 | 1563 | 2234 | 69 | 2.48 |
As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 23.57%. Given MGO Global’s competitors higher possible upside, analysts clearly believe MGO Global has less favorable growth aspects than its competitors.
Valuation and Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
MGO Global | $5.36 million | -$7.14 million | -0.44 |
MGO Global Competitors | $2.12 billion | $144.65 million | 17.16 |
MGO Global’s competitors have higher revenue and earnings than MGO Global. MGO Global is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
1.1% of MGO Global shares are owned by institutional investors. Comparatively, 44.4% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by institutional investors. 58.9% of MGO Global shares are owned by insiders. Comparatively, 21.2% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Profitability
This table compares MGO Global and its competitors’ 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 | -334.83% | -9.67% | -9.63% |
Risk and Volatility
MGO Global has a beta of 5.5, suggesting that its stock price is 450% more volatile than the S&P 500. Comparatively, MGO Global’s competitors have a beta of 1.23, suggesting that their average stock price is 23% more volatile than the S&P 500.
Summary
MGO Global competitors 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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