Superior Group of Companies (NASDAQ:SGC) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Superior Group of Companies from “strong buy” to “buy.” Despite the downgrade, analysts maintain a “Moderate Buy” consensus with an average price target of $18.00.
• SGC shares rose 0.1% to $12.18, with a market capitalization of approximately $194 million. The stock has traded between $8.30 and $14.59 over the past 52 weeks.
• The company reported quarterly EPS of $0.21, exceeding estimates of $0.10, while revenue of $147.84 million also topped expectations. Institutional investors own approximately 33.75% of the company.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued on Saturday.

A number of other analysts also recently issued reports on SGC. Weiss Ratings raised shares of Superior Group of Companies from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, June 1st. DA Davidson increased their price objective on shares of Superior Group of Companies from $15.00 to $18.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $18.00.

Superior Group of Companies Trading Up 0.1%

Shares of SGC traded up $0.01 during mid-day trading on Friday, reaching $12.18. The company had a trading volume of 21,970 shares, compared to its average volume of 61,364. Superior Group of Companies has a fifty-two week low of $8.30 and a fifty-two week high of $14.59. The firm has a fifty day simple moving average of $12.92 and a 200-day simple moving average of $11.82. The stock has a market cap of $194.21 million, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 1.90 and a beta of 1.45. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 0.39.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The textile maker reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.11. Superior Group of Companies had a return on equity of 5.29% and a net margin of 1.44%.The business had revenue of $147.84 million during the quarter, compared to the consensus estimate of $142.87 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. On average, sell-side analysts anticipate that Superior Group of Companies will post 0.64 EPS for the current fiscal year.

Hedge Funds Weigh In On Superior Group of Companies

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Superior Group of Companies by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 690,185 shares of the textile maker's stock worth $7,399,000 after purchasing an additional 13,250 shares during the last quarter. North Star Investment Management Corp. boosted its position in shares of Superior Group of Companies by 8.6% during the 1st quarter. North Star Investment Management Corp. now owns 537,475 shares of the textile maker's stock valued at $5,461,000 after purchasing an additional 42,500 shares in the last quarter. Geode Capital Management LLC lifted its stake in Superior Group of Companies by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 269,508 shares of the textile maker's stock valued at $2,609,000 after purchasing an additional 2,442 shares during the last quarter. Wells Fargo & Company MN grew its position in Superior Group of Companies by 7.5% in the fourth quarter. Wells Fargo & Company MN now owns 262,591 shares of the textile maker's stock worth $2,542,000 after buying an additional 18,268 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of Superior Group of Companies during the 3rd quarter valued at $2,596,000. Institutional investors own 33.75% of the company's stock.

Superior Group of Companies Company Profile

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.

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