Superior Group of Companies Inc (NASDAQ:SGC) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus target price of $22.00 for the company and are anticipating that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also assigned Superior Group of Companies an industry rank of 11 out of 256 based on the ratings given to related companies.
A number of brokerages have recently commented on SGC. Zacks Investment Research lowered shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, July 4th. ValuEngine lowered shares of Yirendai from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 26th. Barrington Research raised their target price on shares of Lions Gate Entertainment to $18.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 29th. Finally, BidaskClub raised shares of ZIX from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 3rd.
Superior Group of Companies stock traded down $0.17 during midday trading on Friday, reaching $16.78. The stock had a trading volume of 10,836 shares, compared to its average volume of 33,825. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.30 and a current ratio of 3.46. Superior Group of Companies has a 52-week low of $15.01 and a 52-week high of $22.36. The company has a market capitalization of $257.47 million, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.18 and a beta of -0.09. The stock has a fifty day simple moving average of $17.19.
Superior Group of Companies (NASDAQ:SGC) last posted its quarterly earnings data on Thursday, April 25th. The textile maker reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.08). Superior Group of Companies had a return on equity of 12.12% and a net margin of 4.70%. The firm had revenue of $86.55 million during the quarter, compared to analysts’ expectations of $92.07 million. On average, equities analysts forecast that Superior Group of Companies will post 1.05 EPS for the current fiscal year.
In other news, Director Robin Hensley sold 1,907 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $16.50, for a total transaction of $31,465.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 31.00% of the company’s stock.
A number of hedge funds have recently modified their holdings of the stock. Martingale Asset Management L P increased its holdings in Superior Group of Companies by 3.4% during the first quarter. Martingale Asset Management L P now owns 33,903 shares of the textile maker’s stock valued at $564,000 after buying an additional 1,100 shares during the period. Wasatch Advisors Inc. increased its holdings in Superior Group of Companies by 16.1% during the first quarter. Wasatch Advisors Inc. now owns 455,782 shares of the textile maker’s stock valued at $7,575,000 after buying an additional 63,218 shares during the period. SG Americas Securities LLC purchased a new position in Superior Group of Companies during the first quarter valued at approximately $158,000. BNP Paribas Arbitrage SA increased its holdings in Superior Group of Companies by 63,900.0% during the first quarter. BNP Paribas Arbitrage SA now owns 1,920 shares of the textile maker’s stock valued at $32,000 after buying an additional 1,917 shares during the period. Finally, North Star Investment Management Corp. increased its holdings in Superior Group of Companies by 8.1% during the first quarter. North Star Investment Management Corp. now owns 139,085 shares of the textile maker’s stock valued at $2,312,000 after buying an additional 10,383 shares during the period. 36.08% of the stock is currently owned by institutional investors.
Superior Group of Companies Company Profile
Superior Group of Companies, Inc manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. The Uniforms and Related Products segment manufactures and sells a range of uniforms, corporate identity apparel, career apparel, and accessories for personnel of hospitals and health facilities; hotels; food service facilities; retail stores; general and special purpose industrial uses; commercial enterprises; airlines; public and private safety and security organizations; and miscellaneous service uses.
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