Superior Group of Companies, Inc. (NASDAQ:SGC - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.71 and traded as low as $9.64. Superior Group of Companies shares last traded at $10.03, with a volume of 56,310 shares.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on SGC shares. Barrington Research dropped their price objective on Superior Group of Companies from $18.00 to $15.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 13th. Noble Financial started coverage on Superior Group of Companies in a research note on Thursday, May 29th. They set an "outperform" rating and a $16.00 price objective on the stock. DA Davidson dropped their price objective 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. Finally, Wall Street Zen cut Superior Group of Companies from a "buy" rating to a "hold" rating in a research note on Saturday, April 19th.
Get Our Latest Stock Report on SGC
Superior Group of Companies Price Performance
The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.85 and a current ratio of 2.90. The firm has a market capitalization of $160.28 million, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 1.98 and a beta of 1.60. The business has a fifty day moving average of $10.16 and a two-hundred day moving average of $12.71.
Superior Group of Companies (NASDAQ:SGC - Get Free Report) last posted its 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). The business had revenue of $137.10 million for the quarter, compared to analyst estimates of $139.85 million. Superior Group of Companies had a return on equity of 3.70% and a net margin of 1.30%. As a group, research analysts predict that Superior Group of Companies, Inc. will post 0.77 EPS for the current fiscal year.
Superior Group of Companies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Monday, May 19th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date of this dividend was Monday, May 19th. Superior Group of Companies's payout ratio is presently 124.44%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in Superior Group of Companies by 45.9% in 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 buying an additional 56,199 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Superior Group of Companies by 36.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 182,888 shares of the textile maker's stock valued at $3,023,000 after buying an additional 49,156 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Superior Group of Companies by 4.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 932,310 shares of the textile maker's stock valued at $15,411,000 after buying an additional 39,894 shares in the last quarter. American Century Companies Inc. grew its holdings in Superior Group of Companies by 11.7% in the 4th quarter. American Century Companies Inc. now owns 363,416 shares of the textile maker's stock valued at $6,007,000 after buying an additional 38,207 shares in the last quarter. Finally, Strs Ohio acquired a new position in Superior Group of Companies in the 1st quarter valued at $319,000. 33.75% of the stock is owned by institutional investors and hedge funds.
About Superior Group of Companies
(
Get Free Report)
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.
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