MGO Global (MGOL) vs. The Competition Financial Survey

MGO Global (NASDAQ:MGOL) is one of 29 public 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 dividends, valuation, risk, analyst recommendations, institutional ownership, earnings and profitability.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for MGO Global and its competitors, as provided by MarketBeat.

	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 23.96%. Given MGO Global’s competitors higher possible upside, analysts clearly believe MGO Global has less favorable growth aspects than its competitors.

Institutional and 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 company insiders. Comparatively, 21.1% 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, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility and 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 competitors have a beta of 1.23, meaning that their average stock price is 23% more volatile than the S&P 500.

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%

Earnings & Valuation

This table compares MGO Global and its competitors gross 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	$140.73 million	17.10

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.

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.