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 weigh in compared to its competitors? We will compare MGO Global to similar businesses based on the strength of its institutional ownership, analyst recommendations, profitability, risk, dividends, valuation and earnings.
Insider & Institutional 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 company insiders. Comparatively, 21.2% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
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 | -334.81% | -9.70% | -9.66% |
Volatility and Risk
Analyst Recommendations
This is a breakdown of current recommendations for MGO Global and its competitors, as reported 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 | 337 | 1555 | 2231 | 69 | 2.48 |
As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 26.38%. Given MGO Global’s competitors higher possible upside, analysts plainly believe MGO Global has less favorable growth aspects than its competitors.
Valuation & Earnings
This table compares MGO Global and its competitors revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
MGO Global | $5.36 million | -$7.14 million | -0.45 |
MGO Global Competitors | $2.24 billion | $147.07 million | 16.85 |
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.
Summary
MGO Global competitors beat MGO Global on 7 of the 10 factors compared.
MGO Global Company Profile
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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