Superior Group of Companies (NASDAQ:SGC) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Superior Group of Companies from “buy” to “strong-buy.” DA Davidson also raised its price target to $18, while analysts’ consensus remains “Moderate Buy” with an average target of $18.
• Superior Group reported quarterly EPS of $0.21, exceeding the $0.10 consensus estimate, and revenue of $147.84 million versus expectations of $142.87 million. The company’s fiscal 2026 EPS guidance is $0.54–$0.66.
• SGC shares opened at $12.98, with a market capitalization of approximately $206.9 million; hedge funds and institutional investors own 33.75% of the stock.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other analysts also recently weighed in on the company. DA Davidson boosted their target price on Superior Group of Companies from $15.00 to $18.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Weiss Ratings restated a "hold (c+)" rating on shares of Superior Group of Companies in a research note on Thursday, August 27th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $18.00.

Superior Group of Companies Trading Up 0.3%

NASDAQ SGC opened at $12.98 on Friday. The firm's fifty day moving average price is $12.70 and its 200 day moving average price is $12.22. Superior Group of Companies has a 12 month low of $8.30 and a 12 month high of $14.59. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.60 and a quick ratio of 1.76. The company has a market capitalization of $206.90 million, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 2.02 and a beta of 1.47.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The textile maker reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.11. Superior Group of Companies had a net margin of 1.44% and a return on equity of 5.29%. The firm had revenue of $147.84 million during the quarter, compared to analysts' expectations 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 expect that Superior Group of Companies will post 0.64 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Superior Group of Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp acquired a new stake in shares of Superior Group of Companies in the 2nd quarter worth $1,344,000. North Star Investment Management Corp. increased its stake in shares of Superior Group of Companies by 8.6% during the first quarter. North Star Investment Management Corp. now owns 537,475 shares of the textile maker's stock worth $5,461,000 after acquiring an additional 42,500 shares during the period. NewEdge Advisors LLC purchased a new position in Superior Group of Companies during the second quarter worth about $206,000. Bank of America Corp DE raised its holdings in Superior Group of Companies by 18.7% during the first quarter. Bank of America Corp DE now owns 29,959 shares of the textile maker's stock worth $304,000 after purchasing an additional 4,712 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Superior Group of Companies during the second quarter worth about $61,000. 33.75% of the stock is currently owned by hedge funds and other institutional investors.

About Superior Group of Companies

Superior Group of Companies, Inc is a diversified services company headquartered in Seminole, Florida. The company has historically operated through businesses serving the healthcare apparel and business-process outsourcing markets.

Superior Group's healthcare apparel operations have provided uniforms, scrubs, lab coats, and related garments and accessories for healthcare professionals and institutions. Its brands have included Fashion Seal Healthcare and other specialty apparel offerings.

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