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 compare to its peers? We will compare MGO Global to similar businesses based on the strength of its valuation, profitability, analyst recommendations, dividends, earnings, risk and institutional ownership.
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 peers have a beta of 1.22, suggesting that their average stock price is 22% more volatile than the S&P 500.
Earnings & Valuation
This table compares MGO Global and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
MGO Global | $5.36 million | -$7.14 million | -0.47 |
MGO Global Competitors | $2.14 billion | $144.65 million | 17.69 |
Institutional & Insider Ownership
1.0% 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, 21.3% of shares of all “Apparel, finished products from fabrics & similar materials” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
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 | -334.83% | -9.67% | -9.63% |
Analyst Ratings
This is a summary of current ratings for MGO Global and its peers, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
MGO Global | 0 | 0 | 0 | 0 | N/A |
MGO Global Competitors | 340 | 1564 | 2235 | 69 | 2.48 |
As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 23.92%. Given MGO Global’s peers higher possible 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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