Brokers Issue Forecasts for SGC FY2025 Earnings

Superior Group of Companies, Inc. (NASDAQ:SGC) – Stock analysts at Barrington Research issued their FY2025 earnings estimates for Superior Group of Companies in a research note issued on Thursday, March 13th. Barrington Research analyst K. Steinke forecasts that the textile maker will earn $0.76 per share for the year. Barrington Research currently has a “Outperform” rating and a $18.00 price target on the stock. The consensus estimate for Superior Group of Companies’ current full-year earnings is $0.77 per share. Barrington Research also issued estimates for Superior Group of Companies’ FY2026 earnings at $0.94 EPS.

Superior Group of Companies (NASDAQ:SGC) last posted its earnings results on Tuesday, March 11th. The textile maker reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.09). The company had revenue of $145.41 million during the quarter, compared to the consensus estimate of $146.54 million. Superior Group of Companies had a return on equity of 6.75% and a net margin of 2.37%.

A number of other research analysts have also issued reports on the stock. DA Davidson dropped their price objective on shares of Superior Group of Companies from $24.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, March 12th. StockNews.com lowered shares of Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 12th.

Superior Group of Companies Stock Down 4.7 %

Shares of NASDAQ SGC opened at $11.12 on Monday. The company has a 50 day simple moving average of $14.64 and a 200 day simple moving average of $15.36. The firm has a market cap of $183.24 million, a PE ratio of 13.40, a price-to-earnings-growth ratio of 1.52 and a beta of 1.55. Superior Group of Companies has a 1 year low of $10.90 and a 1 year high of $21.80. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.86 and a quick ratio of 1.87.

Hedge Funds Weigh In On Superior Group of Companies

A number of hedge funds have recently bought and sold shares of SGC. Allspring Global Investments Holdings LLC raised its stake in shares of Superior Group of Companies by 51.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 158,000 shares of the textile maker’s stock worth $2,612,000 after purchasing an additional 53,492 shares during the period. HighTower Advisors LLC purchased a new stake in Superior Group of Companies during the third quarter worth about $167,000. Jane Street Group LLC raised its position in Superior Group of Companies by 44.2% in the third quarter. Jane Street Group LLC now owns 15,971 shares of the textile maker’s stock worth $247,000 after acquiring an additional 4,895 shares during the period. Rhumbline Advisers boosted its stake in Superior Group of Companies by 53.4% in the fourth quarter. Rhumbline Advisers now owns 29,940 shares of the textile maker’s stock valued at $495,000 after acquiring an additional 10,427 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in shares of Superior Group of Companies by 87.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 190,878 shares of the textile maker’s stock valued at $2,957,000 after acquiring an additional 89,096 shares during the period. 33.75% of the stock is owned by hedge funds and other institutional investors.

Superior Group of Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.04%. The ex-dividend date was Tuesday, February 18th. Superior Group of Companies’s payout ratio is currently 75.68%.

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: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment produces and sells customized merchandising solutions, promotional products, and branded uniform to chain retailer, food service, entertainment, technology, transportation, and other industries under BAMKO and HPI brands.