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 peers? We will compare MGO Global to similar companies based on the strength of its dividends, analyst recommendations, risk, profitability, institutional ownership, earnings and valuation.
Earnings and Valuation
This table compares MGO Global and its peers revenue, earnings per share and valuation.
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 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
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% |
Institutional & Insider 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Volatility & Risk
MGO Global has a beta of 5.5, indicating that its share price is 450% more volatile than the S&P 500. Comparatively, MGO Global’s peers have a beta of 1.23, indicating that their average share price is 23% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings 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 | 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 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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