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

Superior Group of Companies (NASDAQ:SGC - Free Report) had its price objective cut by Barrington Research from $18.00 to $15.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have 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.

SGC has been the topic of a number of other research reports. StockNews.com lowered shares of Superior Group of Companies from a "buy" rating to a "hold" rating in a report on Saturday, April 19th. DA Davidson cut their price target on shares of Superior Group of Companies from $24.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, March 12th.

Superior Group of Companies Trading Up 1.7%

Shares of SGC stock traded up $0.17 during trading hours on Tuesday, reaching $10.25. 74,654 shares of the stock traded hands, compared to its average volume of 82,087. Superior Group of Companies has a 1-year low of $9.11 and a 1-year high of $21.80. The business has a fifty day moving average price of $10.50 and a 200 day moving average price of $13.90. 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 firm has a market capitalization of $163.83 million, a PE ratio of 12.35, a PEG ratio of 1.52 and a beta of 1.67.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The textile maker reported ($0.05) earnings per share (EPS) 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 firm had revenue of $137.10 million for the quarter, compared to analyst estimates of $139.85 million. On average, equities research analysts forecast that Superior Group of Companies will post 0.77 EPS for the current year.

Superior Group of Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors 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 dividend payout ratio is currently 124.44%.

Institutional Trading of Superior Group of Companies

Large investors have recently modified their holdings of the company. Bank of New York Mellon Corp raised its stake in Superior Group of Companies by 45.9% during the 4th quarter. Bank of New York Mellon Corp now owns 178,526 shares of the textile maker's stock valued at $2,951,000 after purchasing an additional 56,199 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in 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 valued at $2,612,000 after purchasing an additional 53,492 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Superior Group of Companies by 36.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 182,888 shares of the textile maker's stock valued at $3,023,000 after purchasing an additional 49,156 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Superior Group of Companies by 4.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 932,310 shares of the textile maker's stock valued at $15,411,000 after purchasing an additional 39,894 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in Superior Group of Companies by 11.7% during the 4th quarter. American Century Companies Inc. now owns 363,416 shares of the textile maker's stock valued at $6,007,000 after purchasing an additional 38,207 shares during the last quarter. 33.75% of the stock is owned by institutional investors.

About Superior Group of Companies

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.