Barrington Research Cuts Superior Group of Companies (NASDAQ:SGC) Price Target to $15.00

Superior Group of Companies (NASDAQ:SGC - Free Report) had its target price lowered by Barrington Research from $18.00 to $15.00 in a research report sent to investors on Tuesday,Benzinga reports. The brokerage currently has an outperform rating on the textile maker's stock. Barrington Research also issued estimates for Superior Group of Companies' Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.28 EPS, FY2025 earnings at $0.53 EPS and FY2026 earnings at $0.79 EPS.

Other analysts have also recently issued reports about the company. DA Davidson cut their price target on Superior Group of Companies from $24.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, March 12th. StockNews.com lowered Superior Group of Companies from a "buy" rating to a "hold" rating in a report on Saturday, April 19th.

Superior Group of Companies Stock Up 1.7%

Superior Group of Companies stock traded up $0.17 during midday trading on Tuesday, reaching $10.25. The company's stock had a trading volume of 74,654 shares, compared to its average volume of 81,950. Superior Group of Companies has a fifty-two week low of $9.11 and a fifty-two week high of $21.80. The company has a quick ratio of 1.87, a current ratio of 2.86 and a debt-to-equity ratio of 0.39. The company has a market cap of $168.90 million, a P/E ratio of 12.35, a P/E/G ratio of 1.52 and a beta of 1.67. The business has a 50-day simple moving average of $10.50 and a 200-day simple moving average of $13.91.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The textile maker reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.16). Superior Group of Companies had a net margin of 2.37% and a return on equity of 6.75%. The business had revenue of $137.10 million during the quarter, compared to analyst estimates of $139.85 million. On average, research analysts expect that Superior Group of Companies will post 0.77 earnings per share for the current fiscal year.

Superior Group of Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Monday, May 19th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 5.46%. The ex-dividend date of this dividend is Monday, May 19th. Superior Group of Companies's payout ratio is 124.44%.

Hedge Funds Weigh In On Superior Group of Companies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cloud Capital Management LLC purchased a new position in shares of Superior Group of Companies during the first quarter worth about $32,000. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Superior Group of Companies during the first quarter worth about $117,000. Mason & Associates Inc purchased a new position in shares of Superior Group of Companies during the fourth quarter worth about $181,000. EMC Capital Management grew its holdings in shares of Superior Group of Companies by 59.5% during the fourth quarter. EMC Capital Management now owns 11,803 shares of the textile maker's stock worth $195,000 after buying an additional 4,405 shares during the last quarter. Finally, Ancora Advisors LLC purchased a new position in shares of Superior Group of Companies during the first quarter worth about $133,000. Hedge funds and other institutional investors own 33.75% of the company's stock.

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.